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It’s a reality for many of us in pharmasales in Malaysia. Generics are a vital part of the healthcare system, offering safe and cost-effective alternatives. Why This Hits Close to Home for PharmaReps As someone in pharmasales, this problem feels personal.
For pharmasalesreps, these programs are not just tools for market penetration – they’re lifelines that improve healthcare accessibility across the country. How Drug Access Programs Shape My Role As a pharmarep, I’ve seen the real, transformative impact of these programs. What Are Drug Access Programs?
Especially in Malaysia, where healthcare needs are diverse, success often comes down to how well you can offer solutions that truly make a difference. Instead of focusing on one product at a time, this approach helps pharmareps present a range of options that work together. That’s where portfolio selling comes in.
What is a pharmaceutical sales representative? Pharmaceutical sales representatives (often times referred to as pharmareps) are hired by pharmaceutical/biotech companies to educate healthcare providers (HCPs) such as physicians, pharmacists, nurses, and physician assistants (PAs) on their company’s product.
After the pandemic, many pharmareps shifted to digital sales calls, but the effectiveness of these calls has declined. According to a study conducted by ZoomRx, 44% of healthcare professionals prefer to conduct face-to-face sales meetings with pharmaceutical sales representatives.
As the healthcare industry evolves with novel and innovative therapies, it brings the need for highly specialized conversations with healthcare providers (HCPs) and key opinion leaders (KOLs). While the sales force is still a crucial part of any pharmaceutical company, the demand for Medical Affairs teams continue to rise.
The pharmaceutical and healthcare sector has been forced to change the way it connects, educates and engages with HCPs through new digital channels because of Covid-19. The days when a pharmarep can walk into any doctors' office at a specific time and expect to see the doctor if they were patient enough, could soon be a distant memory.
In the fast-paced world of pharmasales in Malaysia, opportunities can come when you least expect them. For pharmasalesreps, this is a chance to introduce your product as an alternative, often with little resistance from healthcare providers. One such golden moment? What Are Market Breaks?
Pharmaceutical sales opportunities are notoriously high stakes. With current trends suggesting that healthcare practitioners (HCPs) will continue to cut back on the amount of time devoted to one-on-one meetings with salesreps, every nuance of each interaction carries significant weight. That’s a lot of information.
Problem: Ongoing trends in healthcare were already making salesrep access to HCPs challenging, but COVID has made access to HCPs nearly impossible. Personalized videos by salesreps have proven to increase HCP engagement. I’m seeing a double digit increase in new sales because of Storyvine. ”.
As a pharmaceutical salesrep, you undergo a rigorous training program, develop strong relationships with healthcare professionals, and work tirelessly to meet sales targets. Experience and Expertise Experience in the pharmaceutical sales industry often correlates with a higher rep salary.
Did you know that a well-trained pharmaceutical salesrep can be the driving force behind a healthcare provider's decision-making process? Welcome to the world where sales training isn't just a formality. It's the secret sauce to thriving in the pharma industry. That’s right.
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. What is Pharmaceutical Sales? Why Pursue a Career in Pharmaceutical Sales?
Across Europe, pharmaceutical reps are struggling to get access to healthcare professionals. Some of the questions we quizzed the physicians with focused on their thoughts around interactions with pharmareps. And the responses suggest an increasingly difficult future for the reps working in the EU5 markets.
When I first started as a pharmaceutical salesrep a decade ago, training was a rigorous but straightforward affair. We’d gather in a conference room for hours, listening to presentations, taking notes, and role-playing various sales scenarios. We learned that our approach to sales had to reflect the core values of our company.
True omnichannel planning means executing on all channels available to the reps, using a multi-faceted approach to maximise results. All interactions with healthcare practitioners (HCPs) are valuable, such as a 15-minute detailing session or a simple text message, but not all channels are equal.
The pandemic has changed the landscape for healthcare professional (HCP) engagement across India’s life sciences industry. Digital engagement is now more important than ever, as face-to-face (F2F) interactions between salesreps and HCPs literally stopped overnight. Emergence of digital. during the peak of COVID-19.
For pharmasales in Malaysia, OTC medications represent a unique market segment. These pharmacies thrive on trust and loyalty, making them an excellent partner for pharmasalesreps looking to promote niche products. In contrast, pharmacies prioritize healthcare first.
The pharmaceutical industry is going through a transformative period when it comes to engaging with healthcare providers (HCPs). While digital channels are gaining traction, there’s an interesting paradox HCPs still place immense value on face-to-face interactions with pharmareps.
Meet Wei Wei isn't your typical high-flying pharmarep. The truth is, Wei used to be that kind of rep. Unlike his peers chasing sales targets for the latest designer drugs, Wei became Generico M Bhd's champion for generic meds. Beyond Sales Wei's dedication went beyond sales figures.
As pharmareps’ access to physicians continues to decline, this case study examines the effectiveness of reaching physicians through other means—the EHR. 2 The percentage of healthcare providers willing to see pharmaceutical company reps in person had declined from 67% in 2018 to 54% in 2019. Fierce Healthcare.
By working smarter, owning your value, and confidently communicating your strengths, you can pave the way for a successful career in medical sales. In this episode, Samuel Adeyinka interviews Keila Resto , who shares her inspiring journey of breaking into the world of electrophysiology med device sales. The story is good.
The Role of Certified Pharmaceutical Representatives in the Shifting Sales Landscape The US Bureau of Labor Statistics (BLS) projects the number of jobs for pharmaceutical sales representatives will grow by four percent by 2031, adding approximately 170,000 new job openings per year over this decade.
Welcome to the world of pharmaceutical sales in Malaysia, where business deals are as likely to be sealed over a frothy cup of pulled tea as they are in a boardroom. "Eh, Eh, you know lah, selling medicine here isn't like anywhere else," says Amir, a veteran pharmarep, as he expertly pulls a stream of tea between two cups.
In pharmasales, knowing your product is essential, but it’s not enough. What truly sets the best reps apart? This expansion is driven by factors such as an aging population, increasing healthcare expenditure, and a rising prevalence of chronic diseases[ ref ]. What Are Soft Skills in PharmaSales?
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