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Tenfell
Awarded contract
Published 03 May 2024

Medicines Patent Expiry Database Subscription 2024/2025

NHS England · London

Key facts

Contract value
£36,675
Awarded
02 May 2024
Contract starts
30 Apr 2024
Contract ends
30 Apr 2025
Procedure
Open procedure (below threshold)
Buyer type
Central government

Awarded to

SupplierValue
IPD Analytics, LLC.£36,675

Description

The Medicines Value Team (MVT) and the Commercial Medicines Unit (CMU) have a strong commercial interest in accurate and timely patent expiry information and are looking to procure an information source/database access subscription which will help identify patent expiry opportunities which can then integrate into work planning and delivery to drive further value for the NHS. This is important as patent expiry is associated with significant savings due to the end of the exclusivity period for an innovative product which generates competition that typically leads to a reduction in price in the UK of these equivalent "follow on" medicines of between 70-90% compared with the originator product. Securing comprehensive patent information is challenging and we do not currently have this information in-house.

Categories (CPV)

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