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Vol. 10, Issue No. 8: 28 APRIL 2011 - EXECUTIVE SUMMARY

Pharmaguy
Welcome to Volume 10, Issue #8 (28 APRIL 2011) of Pharma Marketing News. See the featured article summaries below.

John Mack, Publisher & Editor
editor@news.pharma-mkting.com
Physicians Favor Brands With a Compelling Adherence Program
Highlights from a Physician Survey by HealthPrize Technologies

No Cookie Cutter RepAn estimated one third to one half of all patients in the U.S. do not take their medication as pre-scribed by their doctors. Any shift in moving the needle towards better adherence is a win-win scenario that benefits both patients and drug brands.

HealthPrize uses a patented "Engagement Engine" to reward patients for taking their medication. In order to gauge the value of its adherence solution to physicians, HealthPrize sponsored an independent survey of physicians designed to assess the value of various adherence solutions -- including HealthPrize -- and their potential to influence physicians' prescribing behavior.

This article summarizes the survey results, which were first presented during a Pharma Marketing Talk podcast interview of HealthPrize's Chief Medical Officer, Katrina S. Firlik, M.D., and John Ruvane, HealthPriz's VP of Sales and Business Development>

Topics include:
  • Physician Buy-in is Key to Success
  • Drug Parity Exits, Say Physicians (includes chart)
  • Chart: Importance of Prescribing Influencers
  • Key Findings of the Study
  • HealthPrize Dashboard
  • Chart: The Potential Impact of HealthPrize on Physicians' Preference
  • Adherence as a Core Product Benefit
  • Transcript of Interview

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Implications of Facebook's Page Commenting Changes
The "Final" Story

On/Off FacebookA discussion with Jonathan Richman, Group Director, Insights and Planning at Possible Worldwide about Facebook's changes to its commenting policies and his recommendations for pharma marketers who wish to develop Facebook pages.

Read the article and listen to the podcast here:
http://www.pharma-mkting.com/news/pmn108-article02.htm

A New Estimate of Drug Development Cost
Economic Experts Disagree Wildly on How Much It Costs to Bring a New Drug to Market.

Drug Dev Cost ChartHow is it that the Tufts estimate is at least 14 TIMES the London School of Economics and Political Science (LSEPS) estimate?

"Make no mistake," said Tufts. "Tufts CSDD will vigorously defend the scholarship, integrity, and validity of all its published research studies."

Read more about this here:
http://www.pharma-mkting.com/news/pmn108-article03.htm

FDA to Test New Standard for Easy to Understand Drug Labels
Patients also need more effective counseling about their medications.

New labelIn an effort to make drug package inserts easier to read and understand -- and perhaps to save money on printing costs -- the FDA is planning to test single-page consumer information sheets that would replace the multi-page package inserts and medication guides widely used in retail pharmacies. However 'dumbed down' the label gets, it is still important that physicians and pharmacists take a more pro-active role in educating consumers about the drugs they are taking.

Find more results of the survey here:
http://www.pharma-mkting.com/news/pmn108-article04.htm

Digitally-Feeble Pharma
Is Your Brand a Digital Genius or a Feeble-Minded Idiot?

When it comes to digital IQ, some brands are geniuses and some are feeble-minded idiots, according to the "L2 Digital IQ Index" for pharmaceutical brands, a first-of-its kind measurement of the digital competence of 51 pharma brands across eight therapeutic categories.

Read more about this here:
http://www.pharma-mkting.com/news/pmn108-article05.htm

Vol 10, #8 Contents








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Pharma Marketing News is the periodic electronic newsletter of the Pharma Marketing Network (www.pharma-mkting.com). Pharma Marketing Network is an exclusive marketing information resource and communications network for pharmaceutical marketing professionals.

Each issue of Pharma Marketing News is packed with facts, opinions, and case studies based upon interviews with experts in the field of pharmaceutical marketing. Highlights of presentations from industry conferences and links to references help subscribers keep up to date on best practices and network with their peers.

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