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However, in both surveys, telehealth visits were perceived as more convenient than office visits (47% in May 2019 vs. 56% in June 2020). Back to HCP’s…digitization can’t replace the relationships that pharmareps and MLS people build with doctors.
In Q1 2020, life sciences companies held 7,728 remote meetings across APAC. If we look at the company in orange, we notice how the productivity of the field seems to be lower than it actually is by looking at the unweighted activities per rep (top chart) vs weighted activities (IE, bottom chart).
Pharmaceutical representatives (pharmareps) are facing new challenges as a result of these transformations that have drastically altered the pharmaceutical sales landscape. Essential Competencies in Pharmaceutical Sales First, let’s review the competencies of a successful sales rep in pharma.
The findings presented here are based on pharma sales rep activities that were captured in Veeva CRM between 1 January 2020 and 5 April 2021. Before COVID-19, pharmaceutical sales reps had been accustomed to meeting HCPs in person. Digital channels are here to stay and to help pharma companies succeed.
Pharmareps working with these chains benefit from the sheer volume of sales and the opportunity to position their products on a national level. They ensure that the products sold are appropriate and safe, which is why pharmareps often rely on their expertise to promote products effectively.
According to Veeva Pulse data , COVID-19 has accelerated the shift to digital for life sciences, with significant growth in remote and digital engagement since early 2020, and a 10X increase of HCPs using three or more channels in their engagement with pharma 1.
In this deep dive, we will explore how much do pharmaceutical sales reps make, the factors that influence pharmaceutical sales rep salaries and provide insights into what you can expect in terms of compensation in this field. Average Base Salary in the Pharmaceutical Industry According to the U.S.
As pharmareps’ access to physicians continues to decline, this case study examines the effectiveness of reaching physicians through other means—the EHR. Survey Results: Pharma Faces Slow Re-engagement Process with Physicians.” FirstWord PHARMA. Updated June 8, 2020. THE CHALLENGE. Updated March 23, 2018.
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