This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Many terms, particularly those related to prescription drugs, require fair balance, risk disclosures, and approved messaging. Competition for High-Value Keywords Branded drug names and general medical terms attract intense competition. Januvia prescription cost) and non-branded (e.g., A mix of branded (e.g.,
It’s no wonder that voters consistently rank bringing down prescription drug prices and other measures to reduce the cost of care as among Congress’ top priorities. Congress rightly chose to negioate drug prices for Medicare, but prescription drugs are only 10-12% of every healthcare dollar we spend.
However, patient uptake hasn’t matched rising market competition. As a top patient resource for trusted information, it’s essential that doctors are made aware of the range of prescription migraine therapies and encouraged to recommend them to their patients.
One of the most powerful tools at your disposal is prescription data. This article will explore how to maximize prescription data for effective pharmaceutical marketing. Understanding Prescription Data Prescription data refers to information about the medications prescribed by healthcareproviders.
AI assists in analyzing patterns, while omnichannel strategies ensure that content reaches healthcareproviders (HCPs) and patients at the most impactful moments. Rather than relying on broad outreach, marketers can now use data-driven insights to identify the right audience and craft messages that resonate.
In todays competitive market, where digital strategies and patient-centric approaches are essential, having an expert partner is more critical than ever. A pharmaceutical marketing company does more than run adsit builds connections between your brand, healthcareproviders (HCPs), and patients.
Television ads, in particular, have played a key role in promoting prescription medications, from cholesterol-lowering statins to GLP-1 receptor agonists like Ozempic. Those who adapt early will gain a competitive advantage in the evolving regulatory landscape. In the U.S., Digital Marketing as a Primary Alternative 1.
Marketing pharma has become a complex and competitive field, with companies vying for the attention of healthcareproviders (HCPs), patients, and regulators alike. With the right strategies, you can rise above the competition and drive measurable success. The good news?
Introduction: In 2025, programmatic advertising will continue to redefine how pharmaceutical brands reach healthcareproviders (HCPs) and patients. Programmatic advertising isnt just a toolits your competitive advantage in a crowded, highly regulated market. Heres how to measure success: 1.
We know that today’s healthcare consumers want instant and accessible services. . The QR code allows hospitals and healthcareproviders to satisfy this need with immediate physician-patient interaction and engagement – all through smartphones and tablets. . Prescription refills. Patient verification. Elderly care.
Enhanced Data Analysis Pharma CRM systems generate vast amounts of data, including prescription trends, market access data, claims, and feedback from healthcareproviders. This will help pharma companies stay ahead of the curve and maintain a competitive edge.
Try introducing friendly competition with knowledge-check games. Keep It Real with Clinical Focus The best commercial teams see themselves as partners to healthcareproviders, working hand-in-hand with HCPs to improve patient outcomes. And please, break up those heavy science sessions!
In this final instalment of IQVIA EMEA Thought Leadership’s Nine for 2023 three-part series, focusing on issues that will change the direction of healthcare and the pharmaceutical industry this year, three key competitive issues for pharmaceutical companies in 2023 are assessed.
No surprise billing: A breakdown of the key requirements and deadlines in the No Surprises Act The No Surprises Act aims to protect patients from receiving “surprise” (or unexpected) medical bills from a healthcareprovider or facility after inadvertently receiving care from an out-of-network provider.
In the current US Congressional session, Congress has focused heavily on legislation directed at reducing prescription drug prices. The new law will also require drug manufacturers to pay rebates to Medicare if they increase drug prices faster than consumer inflation. Measuring and rating biosimilar access.
Let’s get to the point: It’s time for pharma marketers and their media agencies to look beyond the “usual suspects” for new ways and new media partners to reliably deliver educational and promotional messages to healthcareproviders (HCPs) specifically when they are in an action mindset.
This growth presents a significant opportunity for healthcare organizations and businesses, but it also means the market is becoming increasingly saturated. Expand Service Offerings Providing a holistic approach to weight management and diabetes care can set your GLP-1 program apart.
Federal Food, Drug, and Cosmetic Act (FD&C) The FD&C Act regulates the marketing and promotion of prescription drugs, medical devices, and other healthcare products. Elevate Your Healthcare Marketing Strategy with Levo Health’s Expertise Interested in learning more about how to navigate healthcare marketing challenges?
Picture the industry as a vast chessboard, with pharma brands making calculated moves to stay competitive while adapting to constant change. Roches marketing relies heavily on education, helping healthcareproviders and patients understand the value of diagnostic tools alongside treatment.
In recent years, pharma companies have invested heavily in their healthcareprovider (HCP) portals, along with other digital solutions, to account for the reduction in face-to-face time between reps and HCPs during and post-pandemic. Conversely, non-promotional content means neutral and primarily informative — a ‘no-sell’ strategy.
We know that today's healthcare consumers want instant and accessible services. . The QR code allows hospitals and healthcareproviders to satisfy this need with immediate physician-patient interaction and engagement – all through smartphones and tablets. . Prescription refills. Patient verification. Drug information .
Companies that proactively address these aspects create a foundation for sustainable growth and competitive advantage in the digital health ecosystem. Instead of limiting themselves under a prescription-based model, founders should explore alternative revenue streams.
Companies that proactively address these aspects create a foundation for sustainable growth and competitive advantage in the digital health ecosystem. Instead of limiting themselves under a prescription-based model, founders should explore alternative revenue streams.
Success in medical sales requires resilience, adaptability, and the ability to build lasting relationships with healthcare professionals. It’s a competitive field, but for those who excel, it can be a fulfilling and financially rewarding career with uncapped commission bonus opportunities.
On the other hand, original manufacturers often face tough competition, as the market becomes flooded with alternatives. Meanwhile, generic reps focus on price and accessibility, making their pitch to healthcareproviders and patients alike. For pharma sales reps, this shift changes the conversation.
You’ll be the vital link between medical and pharmaceutical firms and healthcareproviders as a Medical Sales Representative. You’ll learn about the customer’s wants and then market the relevant benefits of your products to get them to commit to changing their prescription behaviours.
Gen AI-powered chatbots help in speeding up the processes of client registration, routing and scheduling, dealing with frequently asked questions (FAQs) and information technology (IT) helpdesk ticketing, and giving out information on prescriptions and refills. Providers can improve on building trust for their clients to use AI.
These high prices are the result of multiple factors: theyre derived from living organisms making them sensitive and complex for both manufacturers and patients, research requires advanced technology to test for safety and effectiveness, and theyre in high demand without much competition.
As a pharmaceutical sales rep, you undergo a rigorous training program, develop strong relationships with healthcare professionals, and work tirelessly to meet sales targets. You also deal with the challenges of an ever-changing industry landscape, including stiff competition from generic drugs and strict regulation policies.
Pharmaceutical Sales refers to selling prescription and over-the-counter (OTC) medications, medical devices, and other healthcare products to healthcare professionals, or medical providers such as doctors, pharmacists, and hospitals. While not always mandatory, having a degree can enhance your competitiveness.
While I’m witnessing the phenomena of healthcare technology companies becoming tech-enabled healthcareproviders, not all companies choose to do so, and other models are constantly emerging. If their products require a prescription, they will partner with providers, but they do not hold themselves out as healthcareproviders.
Medical sales is the field of selling medical products and services to healthcareproviders, such as hospitals, doctors, and clinics. Medical sales representatives typically work for pharmaceutical companies, medical device manufacturers, or healthcare service providers. The competitive atmosphere can get pretty intense.
By leveraging your sales acumen, communication skills, and genuine passion for making a difference, you can be the bridge that connects healthcareproviders with life-saving innovations. Generally, entry-level positions offer competitive base salaries with the opportunity to earn significant bonuses or commissions based on performance.
Did you know that a well-trained pharmaceutical sales rep can be the driving force behind a healthcareprovider's decision-making process? Training focused heavily on face-to-face interactions, with an emphasis on building relationships with healthcareproviders. That’s right. But it wasn't just about being personable.
It seeks to optimize the way we establish and nurture meaningful and sustainable relationships in efforts to enhance patient experience, improve population health, reduce costs and improve the work life of healthcareproviders – ultimately leading to increased trust in and loyalty to the organization. Enhance patient experience.
Medical sales representatives are healthcare professionals who promote medical equipment, pharmaceuticals, or services to hospitals, clinics, and physicians. They act as a bridge between their company and healthcareproviders, educating them on the benefits of their products and persuading them to adopt them in their practice.
One way to achieve this is putting the focus back on market research, such as customer satisfaction surveys and market surveys, to understand the evolving needs and barriers for consumers and healthcareproviders. The brands that can adapt the fastest and be the most valuable to the user will stand out in the growing competitive space.
Giving them input and sharing stuff that happens outside the Ministry of Health view, and tries to help them on strategic decisions on process, on gauging out what would the industry think, what would the healthcareproviders think. But in terms of Israel as a competitive advantage, I think data is much more than just good technology.
The alleged actions violated the Hatch-Waxman Act, formally known as the “Drug Price Competition and Patent Term Restoration Act of 1984,” which allows generic manufacturers to market their generic versions of previously approved generic medications. These actions allegedly led to the extension of Novartis’ patents.
Whether youre launching a new drug or building brand loyalty, these insights will keep you competitive. Gain Competitive Insights: Stay ahead by tracking how brands like Humira and Keytruda dominate their markets. In a competitive industry where trust is everything, staying informed and adaptable is your greatest advantage.
The laws proposed in several bills range in their potential influence; from restricting the prescription of gender-affirming drugs to criminalising the use of such drugs to allowing states to pursue lawsuits against parents who allow children to access such treatments. Generally, individuals first take on social gender-affirmation changes.
We organize all of the trending information in your field so you don't have to. Join 8,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content