What Company Is Offering:
iContract delivers solutions for managing contracts that are faster, easier and less expensive to implement.Powered by a Simplified Common User Interface (SCUI) that makes every user an "expert" by learning just two simple, reusable views and is backed by highly evolved data architecture built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything they do. IContracts comprehensive suite of solutions manages all aspects of a Life Science company's chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels.
How Much They Got From VCs:
Edison Venture Fund announced a $4 million investment in iContracts based in Three Bridges, NJ. The proceeds will be used to expand development, marketing and sales.
The contract management solutions are designed for the unique requirements of Life Sciences manufacturers and distributors. The comprehensive suite of fully integrated solutions manages chargeback, rebate and Medicaid processes. iContract also complies with government pricing regulations and incentive agreements.
John Martinson, Managing Partner, and two Edison Director Network members, serve on iContract's Board of Directors. Flint Lane is the CEO of another Edison success, Billtrust. Rob LeClair is a pharma contract expert and CFO of Octagon Research, the leader in FDA submissions. Rob Finn, Associate conducted Edison's due diligence.
More at:www.icontracts.com
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