Praful Mehta’s Post

View profile for Praful Mehta, graphic

Vamstar (MedTech / Pharma / Healthcare): We help pricing, market access, commercial, sales, and procurement teams and individuals use AI to make high-impact decisions. AI Power = Data + Tools + Processes + People 🚀

🚀 Exciting Milestone Alert for the MedTech & Pharmaceutical Industry! I'm beyond excited to share some major news with you all! After a journey filled with intense data gathering and analysis, our dedicated team at Vamstar has hit a monumental milestone. We've now got an incredible opportunity to bring something truly groundbreaking to the MedTech and Pharmaceutical industries. With pricing challenges significantly impacting these sectors—evident in the steep decline in net margins by over 15% over the last decade and the rising costs of operations—our breakthrough couldn't have come at a more crucial time. We're witnessing a transformative shift in our industry, with a strong move towards more tighter engagement with healthcare professionals (HCPs) and even extending to home environment (Care moving to home). This necessary evolution, however, suggests that the expenses involved in doing business are set to climb even higher (further eroding net margins). Now more than ever, a deep dive into the intricacies of pricing and portfolios, coupled with strategies aimed at fostering both growth and sustainability, is absolutely essential. Yet, this is where many pricing teams hit a roadblock—due to a stark lack of vital data, insights, and the right tools. But that's about to change. Enter Vamstar's Pricing Co-Pilot: https://lnkd.in/e5JvmxZV By harnessing the power of artificial intelligence, this trailblazing tool is set to revolutionise how we tackle pricing in our field. It's meticulously crafted to bridge the gap, offering the much-needed insights, data, and tools that have been missing from the equation. With Pricing Co-Pilot, informed decision-making becomes faster and more effective, marking a significant leap forward in our approach to pricing. Let's dive into this new era together! 📅 Ready to revolutionise your pricing strategy? For a detailed demo or insights about various case studies of what Pricing Co-Pilot can do for your organisation, or if you're simply eager to learn more, please feel free to book a session with me or just drop a "yes" in the comments below. Let's navigate the future of MedTech and Pharmaceutical pricing together! #MedTech #Pharmaceuticals #PricingStrategy #Innovation #AI #Vamstar #BusinessGrowth #Sustainability

Pricing Co-Pilot - vamstar

Pricing Co-Pilot - vamstar

https://vamstar.io

Alister Martin

CEO | A Healthier Democracy | Physician

2mo

Praful Mehta 👍🏽, congratulations on reaching this exciting milestone with Vamstar! Your dedication to providing innovative solutions for the MedTech and Pharmaceutical industries is commendable.

To view or add a comment, sign in

Explore topics