At Illuminate Health Consulting we have developed a number of proprietary data assets to support our clients making important pricing decisions. These data assets combined with our thorough understanding of our client’s businesses and focus on pricing, position us uniquely to support the long-term commercialisation of many products. Our data assets are currently used by a growing number of the top pharmaceutical manufacturers.
Our database assets include:
Understanding current price trends for pharmaceuticals is critical in the ongoing commercial market assessments for both new and existing products. ILLUMINATE Red is the most comprehensive database available and includes product details for 8000+ therapies listed on the Pharmaceutical Benefits Scheme.
The database is web accessible which contains the full history of PBS prices for every brand’s ex-manufacturer and dispense price over the past 20 years up to the latest schedule release. This includes all product details, patient paid premiums and utilisation since 1994, as well as providing all PBS sales data. All this data is searchable by molecule, brand, company and other important variables.
Access to ILLUMINATE Red allows for downloading of data from the database for further analysis. The download to excel and easy to use graphing functions will help with analysis and presentation of the data. This includes changes to prices, patient premiums, patient co-payments, and other variables. It even has a searchable list of PBAC recommendations and full details on each PBAC decision.