While there is no standard definition of class of trade within the pharmaceutical industry, being rostered in the correct class of trade may determine your access or denial to product contract pricing and protections. The most frequently used corroborating data sources - DEA license activity codes and state board pharmacy designations - are woefully insufficient to guarantee proper determination. An own use determination may be vital to grant access to a class of trade with better pricing or protections. Proactive self-identification in database taxonomies and working with your GPO are keys to proper access, but remember: the manufacturer has the final say in COT assignment for access to their contracts.
Identify the limitations of certain data sources in supplying the correct pharmacy class of trade.
Identify alternate COT databases to support your claim for any given class of trade designation
List 3 reasons why manufacturers utilize class of trade restrictions for contract access