Navigation Links
HighPoint Solutions Develops Novel Incentive Compensation Plan for New Benign Prostatic Hyperplasia (BPH) Product
Date:6/25/2008

KING OF PRUSSIA, Pa., June 25 /PRNewswire/ -- HighPoint Solutions LLC, a premier provider of business-driven IT solutions, announced today it has been selected to develop an Incentive Compensation Plan for a new Benign Prostatic Hyperplasia (BPH) product currently under FDA approval review. With the project's completion targeted for late summer 2008, the goal of the compensation plan is to motivate the field sales force and ensure the alignment of tactical activities with the product's strategic goals and budgets.

HighPoint Solutions has partnered with Qforma, the leader in advanced analytics and predictive modeling for pharmaceutical companies, on the initiative. Using a physician target universe built from Qforma's iQMap(TM), HighPoint Solutions will develop the incentive compensation plans for the launch product across all levels of the organization to drive the product's success.

"Our client is launching its new product in a crowded marketplace where the gold standard drug is going generic in 2010. It is crucial that a plan is developed offering the right balance of motivation for the sales team and realistic product uptake, while remaining within the product's budget," explained Chris Colapietro, vice president of Strategy and Marketing at HighPoint Solutions.

Alan Reicheg, Qforma's senior vice president of Commercial Operations, added, "Advances in analytics are revealing customer behaviors and emerging market shifts that point to opportunities, which can be measured and quantified in the BPH market. This type of precision targeting is now benchmark technology and our client will use it to make well-informed, strategic sales and marketing decisions."

This project combines HighPoint Solutions' industry expertise with Qforma's advanced technologies, to uncover, interpret and utilize insights from prescribing and customer peer interactions present in large data sets -- ultimately increasing sales and marketing effectiveness while leveraging optimal efficiencies as programs critical to the success of the new BPH drug launch are planned and implemented.

About Qforma

Qforma is an advanced analytics and predictive modeling company specializing in sales and marketing solutions for the healthcare industry. Qforma leverages the talents of physicists, mathematicians and programmers, and has developed a unique approach to quantifying large disparate data flows with the purpose of eliminating the inefficiencies of traditional sales and marketing techniques.

Qforma is headquartered in Santa Fe, N.M., with offices in Bucks County, Pa., Princeton, N.J. and Boston Mass.

About HighPoint Solutions LLC

HighPoint Solutions is a premier provider of business-driven IT solutions to more than 50 clients nationwide in the life science, healthcare and financial industries. The company provides business consulting, system integration and professional services, including onsite industry-specialized IT staffing, offshore resources, managed hosting and application support services.

HighPoint is headquartered in King of Prussia, Pa. with additional offices in New Jersey and Chicago. For more information, visit http://www.highpoint-solutions.com.

Contact:

Karen Higgins

Sagefrog Marketing

(610) 831-5723

karenh@sagefrog.com


'/>"/>
SOURCE HighPoint Solutions LLC
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. HighPoint Solutions Signs Deal to Implement Model N Managed Care and Government Pricing System for Specialty Pharmaceutical Company
2. Critical Homecare Solutions Holdings, Inc. Reports Full Year 2007 and First Quarter 2008 Results
3. SXC Health Solutions announces three-year $35 million PBM contract with the State of Tennessee
4. Pioneering Solutions To Fight Staph, MRSA Infections in Sports Facilities and Synthetic Turf Fields
5. SXC Health Solutions to Present at the Jefferies 2nd Annual Healthcare Conference
6. AHIP Selects HealthTrio to Join AHIP Solutions Program
7. SXC Health Solutions announces Mark Thierer to be named President & CEO
8. DST Health Solutions(R) and Colorado Access Extend Agreement for Business Process Outsourcing Services
9. Microsoft to Showcase Innovative Solutions for Health Plans at AHIP Institute 2008
10. Essilor Agrees to Acquire Satisloh The World Leader in Optical Manufacturing Solutions
11. Elekta Launches Web-based Virtual Clinic, Offers Better Understanding of Radiotherapy Solutions for the Treatment of Cancer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2017)... Nashville, Tennessee (PRWEB) , ... August 23, 2017 ... ... expand its team to support long-term strategic growth plans, announcing the hiring of ... , A certified technology consultant and seasoned sales manager, Keelan will be working ...
(Date:8/23/2017)... ... August 23, 2017 , ... A new literature ... Surgeons , points out that therapeutic modalities (physical therapy) is an important part ... the report, a wider scope of physical therapy options is showing promising results ...
(Date:8/22/2017)... FRANCISCO BAY AREA, CA (PRWEB) , ... August ... ... premier, Nuvesse, an accessible luxurious collection of unique masks and serums that perfectly ... in scientific skin care advancements, at the 2017 Indie Beauty Expo on August ...
(Date:8/22/2017)... ... August 22, 2017 , ... The old ... is as simple as eating healthy foods. But this well-known piece of nutrition ... insulin, or breaking apart carbohydrates—depends not only on properties of the food but ...
(Date:8/22/2017)... ... August 22, 2017 , ... Pivot Point ... of Zack Tisch as the firm’s new Consulting Services Executive. Mr. Tisch will ... national accounts, from assisting clients with initial vendor selection and pre-implementation planning through ...
Breaking Medicine News(10 mins):
(Date:7/31/2017)... 2017  Diplomat Pharmacy, Inc. (NYSE: DPLO), has been named ... by Crain,s Detroit Business . ... by three-year revenue growth. This year,s edition measures growth from ... view the complete list, visit crainsdetroit.com/awards/fast_50/2017 .  ... triumph," said Phil Hagerman , CEO and chairman of ...
(Date:7/28/2017)... EnvoyHealth, a Diplomat company, has partnered with Compliance ... LITE, a technology designed to improve patient medication adherence. ... technology solutions and services that help track and improve ... CleverCap LITE offers medication monitoring and control for patients ... Records date and time of ...
(Date:7/26/2017)... a leading medical aesthetic clinic in Singapore ... conditions from the inside. The natural process of aging ... becomes more transparent due to the thinning of the epidermis. Over the ... sun contributes to aging skin, causing age spots and other types ... ...
Breaking Medicine Technology: