Healthcare Industry News:  Premier healthcare alliance 

Biopharmaceuticals Group Purchasing

 News Release - May 19, 2008

Premier Hospitals, Healthcare Providers to Save with New Pricing on Two Pfizer Branded Antifungal Products

CHARLOTTE, N.C.--(HSMN NewsFeed)--Premier Purchasing Partners, LP, today announced a new antifungal portfolio pricing program with Pfizer Inc. that offers discounted pricing on Vfend® (voriconazole) and Eraxis® (anidulafungin) formulations, the first time Premier and Pfizer have worked together on branded products in this way.

“This new program represents the first opportunity for members to work with Pfizer through a Premier agreement to effectively manage their antifungal portfolio both in terms of efficacy and cost savings,” said Premier Pharmacy Vice President Bryant Mangum, R.Ph. “We hope it is the template for our working together in the future.”

Effective May 1, 2008 through June 30, 2010, the antifungal portfolio pricing program offers the potential for significant discounts for both drugs based on market share and volume growth as well as additional rebates based on contract tier.

Vfend® is the only IV and oral antifungal specifically indicated for the first-line treatment of both mold and yeast infections. Eraxis® is indicated for candidemia and other forms of Candida infection (intra-abdominal abscess and peritonitis).

About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient

Serving more than 2,000 U.S. hospitals and 50,000 other healthcare sites, the Premier healthcare alliance and its members are transforming healthcare together. Owned by not-for-profit hospitals, Premier operates one of the leading healthcare purchasing networks and the nation's most comprehensive repository of hospital clinical and financial information. A subsidiary operates one of the nation's largest policy-holder owned, hospital professional liability risk-retention groups. A world leader in helping healthcare providers deliver dramatic improvements in care, Premier is working with the United Kingdom's National Health Service North West and the Centers for Medicare & Medicaid Services to improve hospital performance. Headquartered in San Diego, Premier has offices in Charlotte, N.C., Philadelphia and Washington. For more information, visit www.premierinc.com.


Source: Premier Purchasing

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