pharmaphorum

DECEMBER 15, 2022

The Association of the British Pharmaceutical Industry (ABPI) said today that in 2023 manufacturers of branded medicines will have to return almost £3.3 of total sales – under the Voluntary Scheme for Branded Medicines Pricing and Access (VPAS) introduced in 2019. billion (around $4 billion) in revenue to the government – 26.5%

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PM360

SEPTEMBER 21, 2023

As many in the industry now know, the Inflation Reduction Act (IRA) is the most significant reform of Medicare prescription drug coverage since the creation of Part D and has wide-ranging implications for the healthcare industry. They do not have biosimilar or generic competition available in the market.

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Manufacturing Marketing Competition Physicians 111

PM360

NOVEMBER 29, 2022

When developing content for new drug labels, life sciences companies’ regulatory teams face challenges in gathering intelligence to better understand competitive factors, market dynamics, and effective approval strategies. Food and Drug Administration (FDA) or European Medicines Agency (EMA). Challenges in Working with Label Data.

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Food and Drug Administration Competition Safety Pharmacology 98

Contrarian Sales Techniques

NOVEMBER 19, 2024

Have you ever noticed how some medicines suddenly become a lot cheaper after being on the market for a few years? On the other hand, original manufacturers often face tough competition, as the market becomes flooded with alternatives. The generic medicines market in Malaysia has been experiencing significant growth.

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Pharmaceutical Technology

FEBRUARY 28, 2023

Dr Reddy’s Laboratories has signed a definitive agreement to buy Australian company Mayne Pharma Group’s US generic prescription product portfolio in a deal valued at approximately $105m. Under the deal, the company will buy the portfolio for around $90m in an upfront cash payment.

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Pharma Marketing Network

JANUARY 29, 2025

AI-driven tools can: Analyze patient insights to tailor drug promotions Enhance HCP-targeted marketing using behavioral data Automate regulatory compliance monitoring Improve sales force effectiveness with AI-generated recommendations Marketers who embrace AI will gain a competitive edge in an industry where precision and speed define success.

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European Pharmaceutical Review

AUGUST 22, 2022

1 This has led to a great deal of pre-competitive data sharing. As the data is anonymised it will not be possible to select excipient suppliers based on lowest available nitrite levels, but it may prompt some suppliers to publish this information as it could provide a competitive advantage. ng/day for novel API nitrosamines.

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Food and Drug Administration Prescription Food Medicine 59

Toolyt

NOVEMBER 11, 2021

The sales job is a highly competitive field, but the Medical Sales Reps job is more challenging. Their prime role is to generate more prescriptions for their drugs. It is a rare arena where the prospects have more knowledge about medicines and diseases than the seller. Effects And Counter-effect Of Drugs & Medicines.

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Pharmaceutical Technology

DECEMBER 4, 2022

Others are made by big pharma giants like Boehringer Ingelheim , Novartis , or Pfizer , which has raised the expectations for a competitive market. . It is all about what you can get at the lowest cost,” says Dr. Raymond Cross, director of the inflammatory bowel disease program at University of Maryland’s School of Medicine, Baltimore.

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Marketing Physicians Competition Patients 104

Eversana Intouch

JANUARY 19, 2023

Across medical education, diagnostics, treatments, therapeutics, telehealth, patient support, and more, you can see metaverse disruptors blending our virtual and real lives together to change the shape of medicine. – is changing, and has big implications for the competitive marketplace. or technology, too?

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eMediWrite

MAY 27, 2022

In a competitive market, it is critical for pharmaceutical companies to build brand loyalty among prescribers in order to stay on physicians’ thoughts. Second, utilising incentives to increase prescription rates has shown to be a hit-or-miss tactic in the past, and it’s time to try something new. Beyond prescribing loyalty.

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pharmaphorum

JULY 15, 2022

The case hinges around the concept of “ skinny labelling ” which was introduced to stop drugmakers extending the exclusivity period for their branded medicines – through a stream of new indications or patient populations – that can be protected with so-called “use” patents.

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Prescription Marketing Doctors Government 52

Pharma Marketing Network

MARCH 25, 2023

With the increase in competition, it has become essential for pharmaceutical companies to find the most effective methods of advertisement to reach their target audience. “Direct-to-Consumer Advertising of Prescription Drugs.” “The Impact of Direct-to-Consumer Advertising on Prescription Drug Spending.”

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Pharma Food and Drug Administration Pharmaceutical Prescription 52

Toolyt

MARCH 11, 2024

In today’s data-driven world, businesses are constantly seeking ways to gain a competitive edge. By leveraging these insights, businesses can optimize processes, enhance customer experiences, and ultimately drive growth and competitiveness in today’s dynamic business environment.

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Pharmaceutical Technology

FEBRUARY 10, 2023

Dentists are responsible for 5-10% of antibiotic prescriptions worldwide , and thus a significant part of the overall global crisis. So often the Friday prescription is given so by the time a patient comes on Monday, they think the pain is under control, and can be given an injection. This reduced prescriptions a lot.

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PharmaKinnex

APRIL 18, 2022

An example is when a pharmaceutical salesperson travels business to business, informing physicians about the myriad of health benefits their prescriptions come with, treatment plans and how to qualify patients, etc. It cultivates healthy competition and allows each team member to motivate and empower each other.

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Sales Pharma Physicians Electronics 52

Nixon Gwilt Law

JUNE 24, 2024

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.

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FDA Education Healthcare Provider Patients 52

Nixon Gwilt Law

JUNE 24, 2024

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.

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FDA Education Healthcare Healthcare 52

Clarify Health

MARCH 1, 2023

There was a significant decrease in pills per prescription both for peer comparison feedback and for the combination of peer comparison and individual audit feedback. pills per prescription than non-discordant clinicians. Annals of Internal Medicine: Medicine and Public Issues (2016), [link] [4] Navathe, A.

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Pharmaceutical Technology

APRIL 3, 2023

The new HRT prepayment certificate (PPC) will reduce prescription costs to just £19.30 Each item on an NHS prescription usually costs £9.65, so the new change should cut individual costs if a prescription for HRT drugs is filled three or more times in 12 months. per year for HRT in the context of menopause. for 12 months.

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Prescription Healthcare Healthcare Prospecting 52

Pharmaceutical Technology

MAY 4, 2023

Furthermore, in April 2023, the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) gave a positive opinion in support of the vaccine’s approval. Pfizer’s RSV vaccine will soon also face a US regulatory decision with an upcoming Prescription Drug User Fee Act (PDUFA) date later in May.

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FDA Safety Medicine Prescription 64

Silver Line CRM

NOVEMBER 11, 2020

Pharmaceutical, biotech, and life sciences companies bring life-changing medicines to a highly regulated market. But today, the need to satisfy patients, providers, payers, regulatory agencies, and shareholders alike — while staying ahead of the competition — takes the right technologies at the right time. . Prescription lift.

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Marketing Pharmaceutical Side effects Insurance 52

World of DTC Marketing

JULY 27, 2022

anti-kickback law that the drugmaker said prevented it from helping heart failure patients, many with low incomes, afford the medicine that costs $225,000 annually. For many, these coupons represent the difference between filling a prescription and going without lifesaving care, but there is a lot more here than just a co-pay coupon.

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Insurance Prescription Medicine Medical 226

Healthcare Success

JULY 5, 2022

Not only are doctors and decision-makers difficult to reach—and even more difficult to persuade—you have to contend with a ton of competition. You’re selling a product or service with significant state or local competition. Prescription data —Identify and segment your audience based on the medications doctors prescribe most often.

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Doctors Physicians Marketing Prospecting 59

Rep-Lite

JUNE 30, 2022

These risks may include the reduced demand for prescription medicine, pharmaceutical fraud, intense competition from generic pharmaceuticals, increasing consumer expectations, difficulties in managing health brands, and supply chain disruptions. Your developmental team will deal with these for you.

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Rep-Lite

FEBRUARY 23, 2024

You also deal with the challenges of an ever-changing industry landscape, including stiff competition from generic drugs and strict regulation policies. Definition and Role A pharmaceutical sales representative , colloquially known as a pharma rep, is a professional who markets and promotes prescription drugs to medical providers.

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Pharmaceutical Sales Sales Pharmaceutical Pharma Rep 52

Evolve Your Success

JANUARY 31, 2023

A lot of organizations that may have a sales model don’t probably follow the prescription that we deliver or the method that we deliver to them, which is why they contract us. We give them disease state knowledge, product knowledge, competitive knowledge, marketing talk points, strategies, features, and benefits.

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World of DTC Marketing

JUNE 16, 2021

KEY POINTS: About three in ten adults report not taking their medicines as prescribed at some point in the past year because of the cost. This includes about one in five who report that they have not filled a prescription or took an over-the counter drug instead, and about one in ten who say they have cut pills in half or skipped a dose.

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Prescription Government Insurance Pharma 180

Healthcare Success

OCTOBER 17, 2024

And so Mark referred her to a cash pay only not really director primary care, but a cash pay only functional integrative medicine, doctor. So, people are probably more familiar with concierge medicine. Lee Aase: Yeah, I mean, I think that's the main thing is, this is sort of like a blue colla concierge medicine. Lee Aase: Yes.

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Healthcare Healthcare Patients Insurance 109

Nixon Gwilt Law

APRIL 28, 2022

If their products require a prescription, they will partner with providers, but they do not hold themselves out as healthcare providers. Pharmacy Services For Platform + Provider companies, prescription fulfillment is becoming a standard part of the model. So, how does a regional hospital system stay competitive?

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Marketing Networking Management Physicians 52

Contrarian Sales Techniques

DECEMBER 5, 2023

Regulation changes, like the introduction of the Prescription Drug Marketing Act in the 1980s, brought about a more structured approach. Another game-changer has been the shift towards personalized medicine. It enhances your skill set, making you more valuable to your organization and more competitive in the job market.

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Pharmaceutical Sales Training Sales Pharmaceutical 52

Quantified

JUNE 28, 2022

On the one hand, patient need for access and business need to restore and accelerate sales and prescription momentum have never been more critical. Having a flawless technical grasp of the medicine is no longer sufficient. On the other hand, HCP access for the field force has never been more challenging.

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Sales Pharma Training Management 52

pharmaphorum

JANUARY 27, 2023

So, here are three “best guesses” for what 2023 will hold for the off-patent medicines segment — which accounts for roughly 70% of medicines prescribed worldwide (including the vast majority of system-critical antibiotics and ICU therapies), but only about 20% of the total cost.

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MedCity News

JUNE 16, 2023

Regardless of the reasons, investors, pharma, and research organizations are recognizing that advanced digital health tools will be a significant competitive advantage and generate meaningful return on investment (ROI) in an industry that is becoming more personalized and specialized.

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Pharma Food and Drug Administration Recruitment Patients 311

pharmaphorum

JANUARY 24, 2023

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. Medicines manufacturing is energy intensive.

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Pharmaceutical Technology

MAY 31, 2023

The US Food and Drug Administration (FDA) has proposed a new model for prescription medication guides for brand name and generic drugs, to increase accessibility and reduce medication nonadherence. The agency describes the current system as “confusing, conflicting, incomplete, or repetitive”, based on study data.

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World of DTC Marketing

JANUARY 31, 2021

Deloitte goes on to say “while biologics generally target smaller populations, “next-gen” therapies often target individual patients—sometimes as single treatments—resulting in truly personalized medicine. By the way, Ms. Porter looks like she could lose some weight too. Click here to download the report.

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