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How AI Can Improve Your Pharmaceutical Sales Rep Certification Program

Quantified

The US pharmaceutical sales industry made $550 billion in revenue in 2021 —but despite that high number, only 41% of Americans have a degree of trust in pharmaceutical companies. For pharmaceutical sales organizations, that large market and the relatively low level of trust is a great opportunity to grow.

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Merck reports 14% rise in worldwide sales in Q3 2022

Pharmaceutical Technology

Merck (MSD outside North America) has reported a 14% rise in worldwide sales to $15bn in the third quarter (Q3) of 2022 as against $13.15bn in the year-ago quarter. For the quarter, pharmaceutical sales were recorded at $13bn compared to $12.7bn in Q3 2021, indicating a 13% growth.

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Mastering Pharmacology: A Game-Changer for Pharma Sales Reps Communicating with HCPs

Pharmaceutical Representative Training

Lacking this fundamental understanding as a sales rep can negatively impact a providers interest in a new product and their business relationship with the company. [1] 1] How can mastering pharmacology give sales reps a competitive advantage when meeting with prospective HCPs? Pharma Sales. Pharma Sales Training.

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Overcoming Sales Objections Part 1: Pharma Sales Challenges

Pharmaceutical Representative Training

Introduction Every sales professional has experienced deals collapsing at the last minute due to objections from prospects. In the competitive world of pharmaceutical sales, effectively handling customer objections is crucial for success. Enhance your pharmaceutical sales skills by learning to navigate objections.

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Warnings for Japanese pharmaceutical market may lead to more lenient price controls

Pharmaceutical Technology

Based on GlobalData estimates, the Japanese pharmaceutical market generated JPY9.392 trillion ($67.32 billion) in total sales in 2021 and is expected to grow 1.1% One reason at play is the concern that the Japanese pharmaceutical industry has shown about the impact of annual price revisions.

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Best Medical Device Sales Rep Salary Videos On YouTube

Medical Sales Authority

Five Insightful Medical Device Sales Compensation Videos. Medical Device Sales Rep Salary in 2021. According to Jacob McLaughlin the average medical device salary in 2021 was around 172k. According to this video from Pharmasales Rep the entry level pharmaceutical sales roles pay in the 70-90k range.

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The Brazilian pharma market: Key information and what may change

Pharmaceutical Technology

Pharmaceutical sales in Brazil reached $17bn in 2021, according to GlobalData figures. Despite this, Brazil’s trade protectionist policies mean that there are few pharmaceutical companies of international origin within the country. by 2040 based on statistics from OECD.