Method and system for rapidly projecting and forecasting pharmaceutical market information
US8666798B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Dec 23, 2002 |
| Grant date | Mar 4, 2014 |
| Priority date | — |
| Expiry date | Aug 7, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for providing a monthly cumulative prediction of pharmaceutical sales of a particular pharmaceutical, or group of pharmaceuticals, in a current month is disclosed. In particular, the technique of the present invention provides for extrapolating a sample of sales data for a given day across that entire day (114), extrapolating sales data for at least 14 prior days across an entire month (116); adjusting the monthly cumulative prediction by comparing past predicted values with past actual values (118); adjusting the monthly cumulative prediction to account for sales anomalies created by national or local holidays (120); and provides confidence intervals indicating the believed accuracy of the current monthly cumulative prediction (122).
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.