Contrarian Sales Techniques

DECEMBER 9, 2024

When people think of medical sales, they often picture a rep armed with clinical data and technical knowledge, pitching the latest pharmaceutical product or medical device. But what truly sets successful reps apartespecially in multinational pharmaceutical companies (MNCs) is not just what they know, but how they connect.

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PM360

JANUARY 24, 2025

Applying AI to GVDs Amassing comprehensive productand market-related data, GVDs demonstrate the value of a pharmaceutical product to various stakeholders, including payers, healthcare providers, and regulatory bodies.

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PM360

AUGUST 9, 2022

thing about marketing pharmaceutical products is not grand strategies or cutting-edge tactics. Critical success factors always include: Gain prescriber awareness of the brand, its competitive advantages, and how to use the brand effectively. Competition is fierce, and market share between the two players has solidified.

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European Pharmaceutical Review

OCTOBER 19, 2022

Patents are often described as the ‘lifeblood’ of pharmaceutical companies. 1 However, patent protection for pharmaceutical products is an economic trade-off between providing monopoly rights that incentivise development of future products and permitting higher drug prices to recoup the investment. 26 April, 2016.

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Pharmaceutical Representative Training

MARCH 17, 2025

One of the most difficult parts of introducing a pharmaceutical product is the regulatory environment. Early on in the process, interact with consumers and estimate the possible long-term benefits your product may provide using predictive analytics.

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pharmaphorum

JULY 27, 2022

Latest UK Life Sciences Competitive Indicators “ought to ring alarm bells across Government,” says ABPI. Richard Torbett, chief executive at the Association of the British Pharmaceutical Industry (ABPI) said Life Sciences Competitive Indicators (LSCI) data published last week “ought to ring alarm bells across Government”.

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Contrarian Sales Techniques

JULY 7, 2023

Pharma sales, short for pharmaceutical sales, involves selling and marketing pharmaceutical products to healthcare providers. The Description of Pharmaceutical Sales Pharmaceutical sales is a multifaceted role. At its core, it involves presenting and selling pharmaceutical products to healthcare professionals.

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European Pharmaceutical Review

JUNE 24, 2022

Stakeholders in the EU often use the risk-adjusted Net Present Value (rNPV) investment model to determine whether to invest in a pharmaceutical product. He focuses his practice on EU regulatory affairs, litigation and competition law issues affecting the life sciences sector in Europe. Key areas of potential legislative change.

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Medico Reach

DECEMBER 2, 2022

Pharmaceutical Product Development (PPD). PPD, also known as Pharmaceutical Product Development, is an extensive research organization headquartered in the United States but has a widespread global presence. Founded: 1985 Headquarters: Wilmington, North Carolina Annual Revenue: $65.0M Employee Size: 24,000.

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Pharmaceutical Technology

JUNE 10, 2023

The drug candidate acts as selective non-ATP competitive inhibitor of AKT. Taiho Pharmaceutical overview Taiho Pharmaceutical (Taiho), a subsidiary of Otsuka Group, develops and markets pharmaceutical products in the field of cancer, immunology, allergy and urology. It is a small molecule administered by orally.

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Pharmaceutical Technology

JUNE 10, 2023

The drug candidate acts as selective non-ATP competitive inhibitor of AKT. Taiho Pharmaceutical overview Taiho Pharmaceutical (Taiho), a subsidiary of Otsuka Group, develops and markets pharmaceutical products in the field of cancer, immunology, allergy and urology. It is a small molecule administered by orally.

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Pharmaceutical Pharmaceutical products Medicine Competition 40

Pharmaceutical Representative Training

FEBRUARY 29, 2024

Unveiling the Role of a Pharma Sales Rep Pharmaceutical sales representatives (PSRs) play a pivotal role in driving sales for their company’s pharmaceutical products. Q: What goals must a pharmaceutical sales representative strive to achieve? Their mission?

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Pharma Marketing Network

OCTOBER 3, 2024

In the competitive landscape of the pharmaceutical industry, effective marketing strategies are crucial for brand success. Pharmaceutical marketing is not just about reaching healthcare professionals and patients; it involves a complex interplay of understanding market dynamics, regulatory compliance, and leveraging digital platforms.

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Pharma Marketing Network

JANUARY 9, 2025

Understanding these trends ensures your team remains competitive and relevant. Marketing efforts now extend to supporting these services, integrating pharmaceutical products into telehealth conversations. Sustainability Messaging: As environmental concerns grow, companies adopting eco-friendly practices gain a competitive edge.

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MaBiCo

SEPTEMBER 9, 2016

In these cases the patients end up buying a competitive product recommended by the pharmacists instead of those recommended by the doctors. Despite these marketing and sales activities pharmaceutical companies have managed to cut total “switches” only by a fraction. Rx, Gx, OTC, VMS, PC etc.),

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Cesare Ferrari

JANUARY 28, 2023

Also, patent expiration drives the commoditization of pharmaceutical products. Better informed customer: Product savvy customer is another market force that pushes toward commoditization and decreases customer loyalty. This phenomenon quickly creates a product category of undifferentiated products.

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Medico Reach

AUGUST 28, 2024

Pharmaceutical Product Development Gen AI is a special tool for manufacture of new pharmaceutical products. This helps healthcare organizations build their own smart assistants or search systems that answer any query in the most relevant and contextual manner.

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eMediWrite

OCTOBER 9, 2023

One can develop a concise case studies showcasing successful patient outcomes achieved with your pharmaceutical products. Educational Booklets – With creative ways, booklets aid healthcare professionals to get the fundamentals of any new product and to prescribe it to the patients.

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eMediWrite

SEPTEMBER 1, 2022

Personalization is an effective solution in highly competitive fields. They can be used in pharmaceutical product sales, marketing, and advertising. VR and AR can help you communicate effectively with healthcare practitioners in order to visualize the benefits of your products.

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Rep-Lite

DECEMBER 7, 2023

Getting into pharmaceutical sales and selling pharmaceutical products may require patience and persistence, but for individuals with the right qualifications and a passion for the field, it can be a rewarding and financially lucrative career. Why Pursue a Career in Pharmaceutical Sales? Sales experience is highly valued.

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European Pharmaceutical Review

SEPTEMBER 29, 2022

The US Food and Drug Administration (FDA)’s Center for Drug Evaluation and Research (CDER) through the Office of Pharmaceutical Quality in 2021 embarked on an initiative to develop a framework for establishing a pharmaceutical manufacturing site quality rating system, the Quality management maturity (QMM) programme.

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Prognos Health

MARCH 3, 2022

However, traditional methods of acquiring and applying this data for pharmaceutical product launch and commercialization may be ill-equipped to produce timely and cost-effective results. A recent survey of pharmaceutical leaders by Reuters Events reinforces this assessment.

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Clarity Engagement Solutions

APRIL 26, 2021

While the goal of positioning products against the competition in ways that promote appropriate, effective usage by patients will always need to be part of any good account strategy, it must finally take its proper place as a cog in the larger machinery of strategic customer engagement.

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Clarity Engagement Solutions

APRIL 26, 2021

While the goal of positioning products against the competition in ways that promote appropriate, effective usage by patients will always need to be part of any good account strategy, it must finally take its proper place as a cog in the larger machinery of strategic customer engagement.

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Clarity Engagement Solutions

APRIL 26, 2021

While the goal of positioning products against the competition in ways that promote appropriate, effective usage by patients will always need to be part of any good account strategy, in a post COVID-19 age, it must finally take its proper place as a cog in the larger machinery of strategic customer engagement.

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Clarity Engagement Solutions

APRIL 26, 2021

While the goal of positioning products against the competition in ways that promote appropriate, effective usage by patients will always need to be part of any good account strategy, in a post COVID-19 age, it must finally take its proper place as a cog in the larger machinery of strategic customer engagement.

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Pharma Marketing Network

OCTOBER 1, 2024

By understanding these strategies, stakeholders in the pharmaceutical industry can better navigate the complexities of promoting their products effectively. Evolution of Marketing in the Pharmaceutical Industry The marketing of pharmaceutical products has undergone significant changes over the decades.

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MaBiCo

NOVEMBER 23, 2017

Additionally the share of voice and the promotional coverage at the territories of the remaining field force weakens and competition finds the opportunity to steal market shares. Existing sales reps are required to cover the vacant territory leading to more resignations and vacancies.

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Rep-Lite

SEPTEMBER 13, 2024

In the medical sales industry, competition is fierce and the demand for innovative healthcare products is high. Without skilled sales professionals, even the best products can struggle to gain traction in a crowded market. For example, you could ask them to pitch a new pharmaceutical product to a skeptical physician.

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Rep-Lite

MARCH 14, 2024

Skill Set Mastery Mastering the following skills can turn a regular medical sales representative into a successful one in this competitive field. Even the knowledge of healthcare economics helps communicate the value proposition of their products in the context of cost-effectiveness and improved patient outcomes.

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Pharma Marketing Network

OCTOBER 14, 2024

These networks typically consist of healthcare professionals, patient advocates, and medical researchers who possess the expertise and credibility needed to discuss pharmaceutical products and health-related topics. Disclaimer: This article was created with the help of AI tools. We welcome your feedback and concerns.

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MaBiCo

APRIL 26, 2016

Here are four ways pharmaceuticals can change from within and outperform competition. They try to convince them about their product’s characteristics with the use of both clinical data and incentives offered by their companies. In a dwindling market the only way to increase sales is to steal market share from competitors.

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PharmaKinnex

AUGUST 23, 2022

Let’s dive into the current state of the pharma industry and learn more about what your team can do to stay ahead of the curve and the competition. PharmaKinnex’s multi-channel marketing approach gets the message across with clarity and consistency, breaking through the noise of the competition. Sources: [link].

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Rep-Lite

OCTOBER 5, 2022

Without them, your medical and pharmaceutical products would not be as great. It would be best if you also had an entity that could boost the movement of your products. We’ll help you be a step above the competition and succeed in the industry. You must diversify to ensure that you cover all critical areas.

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Rep-Lite

OCTOBER 5, 2022

Without them, your medical and pharmaceutical products would not be as great. It would be best if you also had an entity that could boost the movement of your products. We’ll help you be a step above the competition and succeed in the industry. You must diversify to ensure that you cover all critical areas.

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eMediWrite

MAY 10, 2022

The pharmaceutical business, on the other hand, is operating at full capacity. The pharma market is expected to be fiercely competitive in 2021 due to a rise in the number of people who require medication. Explain how various pharmaceutical products affect the current condition and aid in the fight against infection.

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PharmaKinnex

SEPTEMBER 2, 2022

Strict legal requirements and changes to regulatory bodies like the PhRMA Code have made many companies increasingly cautious of increased scrutiny, fines/penalties, and anything else that might complicate the launch, growth, and maintenance of their pharmaceutical products. Increase Profitability By 10X, Contact PharmaKinnex Today!

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