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The continued shame of pharma

World of DTC Marketing

Nationwide, prescription drug spending last year is estimated to be $328 billion among all payers, including private insurance, Medicare Part D, and patients’ out-of-pocket expenses. Still, the pharma industry is fighting hard to keep it off the table. Nearly 9 in 10 older adults take prescription medication.

Pharma 256
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The right balance in DTC: Tv versus digital ads

World of DTC Marketing

of all spend in 2018, far higher than television’s 30.8% The shift to digital advertising doesn’t make sense when pharma product websites don’t meet consumers’ needs. Global ad spend been climbing since 2018, and this trend is projected to continue (Source: Zenith Media ). Online digital advertising is a mess.

Media 261
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Jazz Pharma uses flying pig for huge grey area DTC

World of DTC Marketing

billion in 2018, and is expected to grow at a CAGR of 7.20% to reach $86.01 Jazz Pharmaceuticals has introduced a new prescription medication for patients with sleep apnea/narcolepsy that “helped adults get up to 9 hours of improved wakefulness in clinical studies at 12 weeks” and they’re using a flying pig on their DTC.

Pharma 181
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The financial toxicity of treating cancer

World of DTC Marketing

These cost estimates include cancer-attributable costs for medical services and oral prescription drugs. billion in 2018. Pharma companies are aware that insurers will rarely say no to new cancer therapies, but increased scrutinization of early approvals is on the horizon. cost approximately $156.2

Insurance 273
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AbbVie sucks

World of DTC Marketing

The increase followed total Humira price hikes of 19 percent during 2017 and 2018. The cost of Humira, which is injected via syringe, was more than $72,000 a year on prescription drug websites this week and is not expected to come down until at least 2023.

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Health consumers: A long way off

World of DTC Marketing

Our healthcare system makes too much money for insurers, PBM’s and pharma companies to change. trillion in 2018 – about $11,200 per person. It’s simple: people trust each other more than pharma companies who they view with a high degree of skepticism. It’s a good read but ignores a simple fact.

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The importance of your product website

World of DTC Marketing

In the year 2018, approximately 92% of urban residents are internet users, 90% resided in suburban communities, and 78% resided in rural communities (Pew, 2019). Online health seekers are a valuable opportunity for pharma to bridge the trust gap. You can’t shortcuts when building a product website, you need to follow the map.

Pharma 180