Research Triangle Park, NC – For a quick and comprehensive
overview of what made a successful drug launch in 2004, see the cover of this
month’s issue of Med Ad News. In his article titled “Launch Code,” author
Steven Niles showcases last year’s top 10 pharmaceutical product launches. For
the full-length article, visit:
www.pharmalive.com/magazines/medad/view.cfm?articleID=2394
According to the article, “successful new drug launches result from early
planning and a well-differentiated product that wastes no time in reaching the
market once approved.” Mr. Niles compiled a list of the best-performing
first-year products in 2004. These included: GlaxoSmithKline’s Wellbutrin XL,
with $851 million in U.S. sales; Lilly’s Strattera, Abbott’s Humira, and
AstraZeneca’s Crestor, which surpassed the $500 million level in their first
full year; an erectile-dysfunction drug, Cialis; Bristol-Myers Squibb’s
Reyataz; Genentech/Novartis/Tanox’s Xolair; AstraZeneca’s Iressa; MGI Pharma’s
Aloxi; and Millennium’s Velcade.
In the article, business intelligence firm Cutting Edge Information reveals
some of the key marketing investment figures for brands with top annual sales
forecasts. CEO Jason Richardson and the research team also comment on some of
the reasons why these brands are successful.
According to Cutting Edge Information senior analyst Eric Bolesh, for a
product launch to be successful, the first six to 12 months are critical. If a
brand is unable to differentiate itself in the marketplace in those first
months, the long-term sales uptake curve may be permanently stunted.
"What we’ve seen in our research and working with a lot of these companies
is that they’re able to start in preclinical development," Eric Bolesh, senior
analyst at Cutting Edge Information told Med Ad News. "Before they even get to
clinical trials, they’re starting to put together some market research, on a
relatively basic level, to look at what the competitive landscape for that
drug might look like."
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