The startup operates a market access platform that enables pharmaceutical companies and governments to plan, negotiate, and manage drug pricing agreements through a configurable infrastructure. This platform enhances global access to medicines by facilitating rational pricing and efficient rebate payment processes, ensuring patients receive necessary therapies.
Funding
$11.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Pharmaceutical companies and government entities face challenges in efficiently planning, negotiating, and managing drug pricing agreements, which can hinder patient access to necessary therapies. Traditional methods often lack the infrastructure to effectively collaborate and administer these agreements at scale.
Solution
CCX provides a market access platform designed to streamline the planning, execution, and administration of drug pricing agreements between pharmaceutical companies and payers. The platform offers a suite of tools that facilitate collaboration, modeling, and analysis of contract scenarios. CCX Workflows enables users to manage and optimize market access processes, while the CCX Catalogue supports contract administration, data sharing, and performance evaluation. The platform's Digital Negotiation tool expedites deal closures, establishing best practices in market access.
Target Audience
The primary target audience includes market access teams at pharmaceutical companies and payers, including government entities, seeking to improve the efficiency and effectiveness of drug pricing agreements.
Features
- CCX Planning: Enables modeling and analysis of contract scenarios with internal and external stakeholders.
- CCX Workflows: Facilitates the management of market access processes and promotes collaboration between pharma and payers.
- CCX Catalogue: Provides a repository for agreements, enabling extraction of key provisions for performance evaluation and strategy development.
- CCX Digital Negotiation: Expedites negotiation timelines and structures pre-negotiation engagement for clarity.
- Dashboards for upcoming, in-progress, and past negotiations.
- Customizable workflow templates to promote consistency and best practices.
- Secure sharing of contract information to support ongoing pharma-payer engagement.