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It’s a reality for many of us in pharma sales in Malaysia. Counterfeit medicines aren’t just a risk to patients’ health – they’re a blow to the industry’s reputation and our efforts to promote genuine, high-quality treatments. What Are Counterfeit Medicines? Counterfeit medicines, on the other hand, are illegal.
Not to mention the pressure from today’s healthcare consumers that expect medical treatments to increase their life expectancy while being cost-conscious. Sales reps are usually at the forefront of this pressure and have to work hard to make sure the product’s value is understood while adhering to the FDA regulations.
Have you ever gone to a pharmacy with a prescription, only to find out the medicine isn’t in stock? When a pharmacist recommends an alternative, they’re using their expertise to find a medicine that works the same way as the one you were prescribed. It’s one of those unsung parts of healthcare that really keeps the system moving.
As a pharmaceuticalsales rep, you undergo a rigorous training program, develop strong relationships with healthcare professionals, and work tirelessly to meet sales targets. With such high stakes involved, it’s only natural to wonder about the salaries of these dedicated professionals.
From explaining how a medication works to addressing patient concerns, reps play a vital role in bridging the gap between healthcare providers and patients. In a country as diverse as Malaysia, where healthcare literacy varies, this role becomes even more critical. What is Evidence-Based Medicine? How Does It Work in Practice?
Did you know that a well-trained pharmaceuticalsales rep can be the driving force behind a healthcare provider's decision-making process? In the complex world of pharmaceuticals, it’s not just what you sell, but how you sell it. Welcome to the world where sales training isn't just a formality. That’s right.
Selling pharmaceuticals isn’t just about pushing a single product anymore. Especially in Malaysia, where healthcare needs are diverse, success often comes down to how well you can offer solutions that truly make a difference. It’s not just a strategy – it’s a way to meet the healthcare system’s diverse and growing needs.
Social medias position in pharmaceutical research is further cemented by peoples growing usage of it. Healthcare professionals are also catching up to the patient group, which has long been engaged on social media. Patient and healthcare professionals anticipate personalized, communication based on value.
Have you noticed how government clinics can charge so little for medicines, or even give them away for free at times? Let’s unpack the system that makes healthcare so accessible for Malaysians. Government clinics get their medicines directly from suppliers, often in bulk, at negotiated prices. But what’s the secret behind this?
If you’re someone who pays attention to what’s Halal and what’s not, here’s something you might not realize: there are Halal-certified medicines in Malaysia. This growing trend is helping more people feel confident about the medicines they take. What Exactly Does Halal Mean for Medicines? What’s the Big Picture Here?
Have you ever stood at the pharmacy, wondering whether to go with the brand-name medicine or the cheaper generic option? In fact, generic medicines in Malaysia are held to the same high standards as the originals. In fact, generic medicines in Malaysia are held to the same high standards as the originals. You’re not alone.
Imagine getting your medicines delivered right to your doorstep, without stepping out of the house. But as convenient as it sounds, there are a few things you should know about this game-changing shift in healthcare. This shift is also reshaping how we think about trust in healthcare. Sounds convenient, right?
Have you ever noticed how some medicines suddenly become a lot cheaper after being on the market for a few years? If you’d like dive a bit more into the challenges surrounding pharmaceutical patents in Malaysia – like the balance between encouraging innovation and ensuring affordability – check out our article here.
Have it ever cross your mind why the same medicine can cost differently depending on where you buy it? Medicines don’t come with a standard price tag in Malaysia. So, a medicine that costs RM5 at a government clinic might go for RM50 or more at a private hospital. You’d think a pill is just a pill, right? Let’s break it down.
This size alone brings significant benefits to its citizens, with Brazil having a publicly funded and government-run healthcare system offering free and universal access to healthcare for the entire population. Pharmaceuticalsales in Brazil reached $17bn in 2021, according to GlobalData figures.
Now, as the global pandemic re-writes the rules of customer engagement and removes at least in the short term, direct face-to-face contact with healthcare stakeholders, pharma companies are plotting their next move. But for pharmaceutical companies, a compelling opportunity is now presenting itself. Or, at least they think they are.
Pharmaceuticalsales representatives play a crucial role in the healthcare industry , even though they cannot provide direct advice on medicines or medical devices. Another way that pharma sales reps can contribute to society is by fostering partnerships between healthcare providers and pharmaceutical companies.
Pharmaceutical companies can embrace a compelling opportunity to make a strategic and critical shift. The issues now distracting healthcare stakeholders are creating customer needs and challenges that are starting to pile up and adding pressure to find insights and solutions.”. Things have changed. Priorities have shifted.
Pharmaceutical companies can embrace a compelling opportunity to make a strategic and critical shift. The issues now distracting healthcare stakeholders are creating customer needs and challenges that are starting to pile up and adding pressure to find insights and solutions.”. Things have changed. Priorities have shifted.
But for pharmaceutical companies, a compelling opportunity is now presenting itself. The issues now distracting healthcare stakeholders are creating customer needs and challenges that are starting to pile up; adding pressure to find insights and solutions.”. Things have changed. Priorities have shifted.
For pharma sales reps, this is a chance to introduce your product as an alternative, often with little resistance from healthcare providers. It was a headache for healthcare providers, but for me, it was an opportunity. Stock Shortages in Malaysia In Malaysia, stock shortages are not uncommon, especially for generic medicines.
In underserved regions of Malaysia, where healthcare resources are limited, medical reps play a pivotal role. Navigating the Complexities of Rural Healthcare Underserved regions come with unique challenges that require more than just product knowledge. For many reps, this isn’t just a job – it’s a chance to make a real difference.
In this second segment of a two-part interview, serial entrepreneur Jeff Smith shares how he found his passion and mission through pharmaceuticalsales. The problem was that I lived as a pharmaceuticalsales representative where the whole primary care market had been inundated and overrun with reps. This was 2020.
They meet and work with a wide range of healthcare professionals, from doctors, dentists, surgeons, nurses, medical practitioners, other healthcare providers, hospitals, and Medical Schools. If someone is well connected, he or she can consider becoming a MSE in the healthcare industry.
There is more to being a medical sales representative than meets the eye. Just because they sell within the healthcare industry does not mean they can be lumped into one thing. In fact, one little-known field is being a diagnostic testing sales representative. So tune in and expand your knowledge about medical sales!
A potential medical executive may obtain certification from the National Association of PharmaceuticalSales Representatives or find other sales certificates to develop his or her skills. A large number of field medical sales execs have non-scientific degrees. 3 Medical Sales Executive Requirements 1.
Top 10 Highest-Paying Medical Sales Jobs Here is a list of some of the highest-paying medical sales jobs and estimated salaries gleaned from numerous sources: Capital Equipment Sales Representative Capital equipment sales representatives are one of the highest-paying medical sales jobs.
First, it’s important to make sure you understand exactly what a medical sales rep does. Whether for healthcare device or equipment manufacturers or pharmaceutical companies, medical sales reps sell the company’s products to healthcare professionals. medical device sales versus pharmaceuticalsales).
There’s something you might not think about – not all medicines get an equal chance in private hospitals here in Malaysia. I’ll let you in on a little industry insight: If a medicine isn’t on what we call the ‘Approved Product Purchase List’ (APPL), private hospitals are often less interested in stocking it. Here’s What I’ve Noticed.
02:40 There was always a part of me, though, that wanted to be in healthcaresales. I kept thinking back to my time hiring sales reps for my old company and I thought, man, how can I marry those two passions where I love healthcare, I love, you know, helping people get to their you know their dream job.
How can healthcare practices and medical sales representatives use social media for business growth? Tune in to this episode of The Medical Sales Podcast with your host, Samuel Gbadebo, to learn more. Justin also talks about the specific services they offer to physicians, surgeons, and other healthcare practitioners.
The Science Behind Drug Action Medical professionals, researchers, and especially pharmaceuticalsales representatives can benefit from understanding how drugs work in the body. Their role involves presenting complex drug information to healthcare professionals who rely on this knowledge to make informed prescribing decisions.
— Watch the episode here Listen to the podcast here Selling Effectively In Medical Sales With John Crowder We have with us another special guest. John is a sales leader that comes from the healthcaresales space and has been in the industry for many years. I’m changing the way you practice medicine.
He discusses why the future of the healthcare industry in the United States lies not in hospital buildings but in surgery centers. Some people in medicine get to the point where they don’t want to chase doctors around anymore. One in insurance, retail and healthcare that is still around. I won eight President’s Clubs.
The first is that several medicines and pharmaceutical products are in many cases similar and therefore not differentiated (e.g. So for example a sales force may actually communicate a particular generic drug and convince doctors about the effectiveness of its active ingredient but eventually see competition reap most of the benefits.
These are medicines that have been deemed safe for self-use when taken as directed. Pharma sales reps targeting these stores need to approach with a retail mindset, focusing on product placement, visibility, and price points that appeal to casual shoppers. In contrast, pharmacies prioritize healthcare first.
At its simplest, this approach means putting knowledge into the context of needs—the needs of the sales professional to succeed in their job, those of the company to grow the business, and the needs of the customer to improve the lives of patients. Having a flawless technical grasp of the medicine is no longer sufficient.
Rob also shares what it is like to be in remission for several years, how cancer transformed his sales strategies, and why he wants to be useful for other people in their healthcare experiences. You have medical device sales, pharmaceuticalsales, biotech sales, and diagnostic sales.
Tune in and discover how one individual’s dedication can truly make a difference in the world of healthcare. — Watch the episode here Listen to the podcast here What A Field Clinical Engineer In Neuromodulation Sales Does With Blake Williams We have with us another special guest and he goes by the name of Blake Williams.
Is it primarily medical device sales? Is it any type of healthcaresales? Is it beyond healthcare? My niche, I would say, is medical device sales. For these types of individuals and everyone else, what would you say they need to ask themselves before they entertain medical sales? I work for myself.
The world is changing, medicine is changing and the way medicine is being practiced is changing fast. At least, in my mind, the most blatant of this is probably Purdue Pharmaceutical because it’s all over TV where things were not done properly. Let’s call them medical sales companies.
In the last several years of my career, I have all been in healthcare, predominantly in the medical device and a couple of software businesses. My why for my career is inspiring people’s growth so that together we can transform healthcare. His name was Jim Codero, who was the tenured sales rep that was doing their fair.
The Role of Certified Pharmaceutical Representatives in the Shifting Sales Landscape The US Bureau of Labor Statistics (BLS) projects the number of jobs for pharmaceuticalsales representatives will grow by four percent by 2031, adding approximately 170,000 new job openings per year over this decade.
Diagnostic testing sales: where meticulous detail meets the human touch, changing the course of cancer care one relationship at a time. In this special episode for Breast Cancer Awareness Month, Veronica Vasek uncovers the challenges, triumphs, and the vital role that diagnostic sales reps play in the healthcare landscape.
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