Excerpted from Chapter 6 of “US Launch: Phase IIIa, Phase IIIb and
Launch Year Brand Commercialization”
Brand 6
Brand 6, a first-in-class drug, launched into a well-established disease
area with an extremely large patient population. Physicians and patients
alike eagerly await new treatment options in this space, however, and significant
unmet need across different patient subsets put Brand 6’s projected
sales well into blockbuster territory, as seen in Figure 6.1
[full data figures and table appear in complete report].
Brand 6’s key challenges at launch were to spread awareness of its
efficacy and convenience among a variety of different audiences.
Fortunately, positive clinical data and market buzz over the drug’s
mechanism of action and accompanying delivery device – along with a
launch marketing expenditure of more than $150 million, as seen in
Figure 6.2 and Table 6.1 – helped drive rapid sales uptake
during the product’s first year.
To market its first-in-class product, the team had to unseat long-standing
market leaders and convince physicians of Brand 6's efficacy. Significant
early investments in speakers, meetings and thought leader work created
interest in the drug’s innovator status. At the same time, comprehensive
research of the market and competitors identified unmet needs that led
to the development of Brand 6’s delivery mechanism.
The drug was backed by an experienced commercial organization with
access to relatively deep funding. This support, both in terms of
resources and marketing expertise, maximized the commercial impact of
Brand 6’s clinical improvements while innovating in terms of the
delivery device. A world-class marketing team worked with
industry-leading investments to bring a truly innovative product into a
well-prepared market. Brand 6 shows how clinical superiority, deep
resources and clear market understanding combine to launch a blockbuster
product.
Phase IIIa Resources
As seen in Figures 6.3 and 6.4, Brand 6 focused its
pre-submission marketing investments on a few key areas. The bulk of
activity occurred in communication with the medical community, but early
market and competitor research also played a role, as did market access
activity.
…To read more, please see Chapter 6 of “US Launch: Phase IIIa, Phase
IIIb and Launch Year Brand Commercialization”