Explore marketing budgets for 6 brands as they move through Phase IIIa,
Phase IIIb and the launch year.
Each easy-to-navigate brand profile walks you through the various
phases’ spending in four critical areas of product management:
- Advertising and Promotion
- Detail Aids
- Samples
- Journal ads
- Patient education programs
- DTC ads
- Speaker programs
- Medical Affairs
- Thought leader development
- Thought leader programs
- Medical education
- Medical information
- Decision Support
- Market research
- Competitive intelligence
- Market Access
- Pricing strategy and analysis
- Pharmacoeconomics
- Reimbursement
Increasingly stiff competition combined with enormous market
pressures that shorten brand timelines make achieving a drug’s full
sales potential much more difficult in today's pharmaceutical
environment. Brand leaders must be finely
attuned to their brands’ unique strengths and weaknesses, including the
realities of markets, clinical profiles and their own companies’
capacity to support effective promotion, if they hope to help their
products reach full sales potential.
With these pressures in place, commercialization efforts during the
last stages of drug development leading up to launch are critical to long-term success. Companies must not only
develop a strategic marketing mix that will be most effective for their
brands but also be prepared to back the chosen promotional activities
with sufficient resources.
Understanding these resource allocations in terms of both raw dollars
and real-world contexts provides a powerful advantage for brand teams,
marketing units, market research personnel, reimbursement groups and
other parties involved in every brand’s life.
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