FORAVITA
For finance & markets

A standardized forward contract for a market that has never had one.

Regulated medicines and devices are bought today through bilateral contracts, rebates and intermediaries. Foravita applies the tools that brought transparency to other essential physical goods: standard specifications, competitive price formation and physical delivery.

01 · Contract specification

Every term defined before anyone trades.

Illustrative terms. Bracketed items are set per product.

UnderlyingFDA-approved product, identified by USAN name, dosage form and strength
Deliverable gradeReference product or any A-rated equivalent meeting minimum shelf life
Contract unit[Units / packs per contract]
PriceUSD per unit, fixed at match
DeliveryPhysical, dock to dock, with transportation included
Delivery window[Month / window]
Included carryGMP storage from manufacturer's dock to expiry, plus destruction
TraceabilitySerialized, DSCSA transaction data at each transfer
Settlement[Payment terms and performance assurance]
02 · Price certainty

Know your drug spend months and years ahead.

Prices fixed in advance
Contracts set today's price for deliveries across the coming months and quarters, so future spend is known, not estimated.
Budgets you can commit to
Finance and pharmacy leaders can plan drug and supply spend for the fiscal year and beyond with confidence.
Coverage on your schedule
Stagger contracts across delivery windows to cover as much or as little of future need as you choose.
Fewer mid-year surprises
Price spikes and supply disruptions don't rewrite the budget for volume already under contract.
03 · Price discovery

One observable, all-in price.

Today
List prices, group purchasing contracts, chargebacks and rebates separate the quoted price from the net price. Few participants see the whole picture.
On Foravita
Suppliers compete on the same terms, and the matched price includes delivery, storage and end-of-life handling. Price reflects what the market is willing to pay for reliable supply, not a hidden negotiation.
04 · Cost of carry

A physical product with an expiration date.

As with other physically delivered goods, the forward price reflects the cost of holding the product until delivery: qualified storage, handling and insurance.

Unlike most physically traded goods, a medical product is a wasting asset: its shelf life runs down from the day it is made. Foravita contracts handle this explicitly, with minimum remaining shelf life at delivery and destruction cost built in. Expiry risk becomes a priced term, not a surprise write-off.

05 · Risk transfer

Each side hands off the risk it is least able to carry.

Buyers
Budget certainty and assured supply, without warehousing product themselves.
Suppliers
Committed demand for production planning, and revenue visibility ahead of manufacture.
06 · Meet you where you are

Integration as light or as deep as you need.

Choose the level of integration that fits. Most buyers start light and connect more of their pharmacy, clinical and supply chain systems over time.

Light
No IT project
Orders by email or portal, delivery to your dock and invoices like any other supplier.
Connected
Plugs into purchasing
Purchase orders, shipping notices and invoices flow through your existing ERP or materials management system.
Full
Planned with your data
Usage and inventory feeds inform forward coverage and replenishment across your sites.
No patient data, ever
Foravita works only with product, order and delivery information. No patient-level data is needed or shared, so HIPAA is not engaged.
Regulatory approach
Foravita works with experienced regulatory counsel on the appropriate structure for its contracts and marketplace.
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