Pricing

Are you thinking of outsourcing pharmacovigilance services to Tepsivo and wondering about what it may cost?
Or do you have your own PV resources who could utilize some of our digital tools to improve the process and save time and money for the organization, and you’re pondering exactly what those savings could be?

Swift and transparent calculation

It may sound like a cliché, but each customer is different, and each customer will require a customized pricing proposal. So, we’ll need to know a little bit about you before we can commit to an exact budget. 

But good news! The times of having to wait several days or weeks to get at least an understanding of pharmacovigilance provider’s pricing, often only after NDA negotiations, are now over! 

Tell us some specifics about your situation and we’ll come back to you with at least a preliminary quote within 24 hours.

You can contact us at [email protected], use the button “Submit RfP/RfI” in the top navigation bar, or fill out a ballpark PV Quote form. 

Curious about example rates? 

As you may have been expecting some numbers on this page, we can give you rough ideas so you can have a picture of what we’re talking about 

With the disclaimer that the below is non-binding and serves for informational purposes only, see some scenarios that can help you orient yourselves. 

Smaller-sized
operations

Full
Pharmacovigilance System

Approximately
60,000 EUR / year

Fully outsourced pharmacovigilance
system in 1-5 markets (up to 5 products)

Covers all PV services, incl. EU QPPV & local PV functions, ICSR management, aggregate reporting and simply all you need.

Also includes the use of Tepsivo Platform, Tepsivo Safety Database and Tepsivo Literature.

Larger
operations

Complete
LCPPV / Local QPPV
Service in EEA

Roughly
150,000 EUR / year

Outsourced Local Contact Person for PV services in all EEA countries (up to 5 products)

Includes the use of Tepsivo Platform local PV modules and Tepsivo Literature.

Full
Pharmacovigilance System

Give or take
200,000 EUR / year

Fully outsourced Global end-to-end pharmacovigilance system in 30+ EEA and ROW countries (up to 5 products)

Covers all PV services, incl. EU QPPV & local PV functions, ICSR management, aggregate reporting and simply all you need.

Also includes the use of Tepsivo Platform, Tepsivo Safety Database, and Tepsivo Literature.

Tepsivo Platform
Full PV Solution

Around
60,000 EUR / year

Automated Pharmacovigilance Solution for a pharmacovigilance system in 30+ countries

Assuming full deployment at a mid-to-large operation, it can replace several or more FTE on internal admin, management, and oversight tasks.

Plus, it heavily (50%+) reduces the time effort by each PV specialist, EU QPPV, and local contact person for PV or any other PV personnel involved.

Tepsivo Literature

All EEA countries

3,000 EUR / month

A comprehensive automation solution for local literature searches.

Any number of products, all-inclusive service

Tepsivo Safety Database

Most affordable prices for a safety database based in our added value to customers instead of traditional per-ICSR costs.

We believe in reducing the financial size of PV and moving away from a profiteering approach of high charges based on case volumes as a big step forward.

Let’s not pretend volume of cases actualy increase the software costs.

Tier 1

500 EUR / month

Ideal solution for small MAHs with
little PV activities and obligations.

Small MAHs

Tier 2

1,000 EUR / month

Affordable option
for small-to-medium MAHs with larger market presence but smaller volume of PV activities.

Small-to-medium Firms

Tier 3

3,000 EUR / month

Right fit for mid-to-large companies with a higher need in pharmacovigilance and use of safety database.

Medium-to-large Companies

Custom Plan

—– / month

Custom individual pricing for CROs, customers with specific customization requests, or very large organizations.

CROs / specific requests

Clinical Pharmacovigilance

Early-stage Sponsors

30,000 EUR / year

Phase I / Phase II, few countries
100% legal compliance
Processing of SAEs/SUSARs
Submission to authorities
Incl. Tepsivo Platform
Incl. Tepsivo Safety Database
And more…

End-to-end Global PV in Clinical Studies

Later-stage Sponsors

50,000 EUR / year

Phase III, multiple countries
100% legal compliance
Processing of SAEs/SUSARs
Submission to authorities
Incl. Tepsivo Platform
Incl. Tepsivo Safety Database
And more…

End-to-end Global PV in Clinical Studies

Sponsors

20,000 EUR / year

Internal use of Tepsivo tools
Allows end-to-end PV management
Incl. Tepsivo Platform
Incl. Tepsivo Safety Database
Tepsivo IT support
Support in onboarding
And more…

Tepsivo Platform / Tepsivo Safety Database

Disclaimer: the above provided numbers are informational only and based on existing experience at Tepsivo. There is a number of factors that may influence the actual workload and overall budget. Time efficiency estimates are also based on our experience and knowledge of industry standard practices, these may not necessarily apply to each MAH, depending on the level of effectiveness of your existing processes.

Always best to reach out, tell us what you need, what your current situation is, and we’ll get back to you with an accurate quote within 24 hours.

Let’s have a chat

Whatever your needs are, we look forward to getting in touch with you.
Feel free to drop us a message and we will contact you right away.

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