Taking Advantage of Generation “Like”: Using Digital Technology and Social Media to Reduce Trial Timelines

Matthew Doscher, Research Analyst
By Matthew Doscher,
Research Analyst

Social media is a dominating force throughout the entire world. Over 2.3 billion people use social network worldwide — that equals 31% of the global population. In the United States, 78% of the population possesses a social network profile. Now an extremely crucial tool, businesses try to find multiple ways to use social media advantageously. The pharmaceutical industry is no exception. Pharma companies look to use these new tools to help expedite trial timelines especially within Phase 4 studies.

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Early Brand Commercialization Strategy: New Product Planning Paves the Way for Other Teams’ Involvement

Sarah Ray, regulatory affairs and safety researcher
By Sarah Ray,
Senior Research Analyst

Increasingly competitive markets—combined with the uptake in evaluative measures like comparative effectiveness—require companies to initiate new product planning activities as soon as possible.  Often, dedicated new product planning teams are among the earliest-involved in commercial strategy-building.  At the preclinical development stage, 80% of surveyed life science teams include new product planning in their brand commercialization committees (Figure 1).  By Phase 3, a smaller percentage of companies—63%—report the same (Figure 2).

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Determining a Pharma Brand Budget: No One-Size-Fits-All Solution

Natalie DeMasi, clinical development and medical affairs researcher
By Natalie DeMasi,
Senior Research Analyst

A common challenge facing life science companies is determining a pharmaceutical brand launch budget. No one size fits all because these budgets depend on a number of different factors, including product type, expected peak revenue and market circumstances. Add to this individual companies’ own resource limitations, and a designing a pharma brand budget becomes a very daunting task.

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Create Pharmaceutical Commercial Boards to Meet Developing Brand Needs

Victoria Cavicchi, pharmaceutical social media researcher
By Victoria Cavicchi,
Senior Research Analyst

Launching and commercializing new pharmaceutical products is a complex process.  A successful launch requires input from experts across the organization, as well as meticulous timing and coordination of activities.  “Just about every function at one point or another is going to be involved in the brand launch,” explained one interviewed associate director of new products. To combine an array of expertise, pharma companies develop commercial boards to support their emerging products.  However, these teams must evolve over time to match growing brand needs. Continue reading


Taking Mobile Health Applications One Step Further with Smart Shoe Wearables and More

Sarah Ray, regulatory affairs and safety researcher
By Sarah Ray,
Senior Research Analyst

As part of its research into life science teams’ digital marketing practices, Cutting Edge Information has studied the development and uptake of mobile platforms.  Cutting Edge Information’s previous pharmaceutical digital marketing report delves into how corporate and brand teams alike develop mobile applications—combined with how targeted physician and patient audiences use them. Examples of the types of mobile applications that life science organizations develop range from those that are effectively lifestyle trackers to applications that function as medical devices.  Continue reading


Pharma Brand Budgets Shift to Commercialization During Registration and Launch

Victoria Cavicchi, pharmaceutical social media researcher
By Victoria Cavicchi,
Senior Research Analyst

Pharma brand budgets vary dramatically from early-stage brand development to pharma brand launch.  During pre-clinical to Phase 2 clinical trials, brand teams skew support toward medical affairs activities.  However, by late-stage development—and especially as pharma brands prepare to enter the market—brand teams must shift their focus to commercialization efforts. Continue reading


Pharma Companies Focus Pre-Clinical New Product Planning on Medical Affairs Expenditures

Victoria Cavicchi, pharmaceutical social media researcher
By Victoria Cavicchi,
Senior Research Analyst

Pharmaceutical brand spending is a key consideration as commercialization groups begin pre-clinical new product planning.  Life sciences companies must be able to right-size brand support across many functions. Throughout a product’s lifecycle, brand teams must be able to determine budget allocation across medical affairs, market access and marketing expenditures.  In the early stages of new product planning, commercialization groups often focus pharma brand spending on medical affairs activities. Continue reading