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Zoom Rx recently polled HCPs and found 78% of physicians want to maintain some contact with pharmareps. The most desired information doctors now want is about patient assistance programs, with 49% saying they want pharmareps to provide that information. Where to start?
Back to HCP’s…digitization can’t replace the relationships that pharmareps and MLS people build with doctors. To them, an HCP is just a “step” to an Rx so naturally telehealth is an advantage.
In addition, 62% of HCPs are overwhelmed by product-related promotional content pushed by pharma companies on the various digital channels. I maintain a network of thought leaders in several health conditions, and they all have one thing in common: pharmareps and messages are becoming more irrelevant.
I decided to call some more physicians within my network and ask about online visits from pharmareps. When I asked why the nurse at the front desk said that they are overwhelmed with patients who are finally coming out of Covid hibernation. They also said that trying to schedule MRIs and CAT scans is almost impossible.
How Drug Access Programs Shape My Role As a pharmarep, I’ve seen the real, transformative impact of these programs. For pharmareps, the opportunity lies in being proactive – providing clear information, assisting with enrollment processes, and ensuring smooth communication between all stakeholders.
Instead of focusing on one product at a time, this approach helps pharmareps present a range of options that work together. What Makes Portfolio Selling a Win for Reps When you’re a pharmarep, selling a portfolio does more than boost sales numbers. That’s where portfolio selling comes in.
INSIGHT: This study shows that HCPs are demanding more from pharma, but these data points should not be used across all specialties. Oncologists, for example, have different relationships with pharmareps than GP physicians.
Health care professionals are finding that pharma sites don’t provide enough answers and are using HCP-targeted sites more and more. This is a severe concern in an era where more HCPs are refusing to meet with pharmareps. The number one site is still Medscape, but Sermo and Doximity are gaining a solid audience.
Why This Hits Close to Home for PharmaReps As someone in pharma sales, this problem feels personal. Generics are a vital part of the healthcare system, offering safe and cost-effective alternatives. Counterfeits, however, pose serious risks and undermine trust in the system.
The post How the strategic use of multiple customer engagement channels makes pharmareps more effective first appeared on Veeva Systems APAC Site. Veeva is a leading provider of cloud solutions and consulting services to the global life sciences industry.
But inevitably, they discover that “coaching” the pharmarep to make 40 calls a week instead of 25 doesn’t move the needle. Across industries, sales leaders are struggling to keep morale and engagement up while they push for higher revenue, margins and market share.
They give pharmareps and life science reps a cost-effective and scalable real-world experience. Immersive eSimulations provide the answer to presenting real-world scenarios in your training programs.
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.
An omnichannel strategy ensures that messaging remains consistent across medical journals and online publications, social media platforms like LinkedIn, CME (Continuing Medical Education) programs, and in-person and virtual pharmarep meetings.
And 62% said they value tools for remote monitoring of their patients at home more now than they did prior to COVID-19″ The Value of the PharmaRep. HCPs said they still want to learn about new treatments and interact with pharma sales reps – they just want to do so in different ways. and the U.S.,
1099 medical device reps. 1099 capital equipment reps. Salary Pharmaceutical Reps. Salary Device Reps. A direct* pharmarep promoting a 1099 line was excluded. Additionally, a contract rep receiving a base pay also promoting a 1099 commission only line was excluded. Independent Device Rep.
A decade ago, pharmareps could easily book in-person meetings with doctors, build lasting relationships, and crush their sales quotas. We have yet to talk about the increased level of competition that modern reps have to deal with. We have yet to talk about the increased level of competition that modern reps have to deal with.
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. There are two sets of skills necessary to become an effective pharmarep.
Pharmareps are especially critical when it comes to product information, with 55% of all U.S. Reps are an especially important source of product info for dermatologists (73%), GPs (63%), gastroenterologists, and orthopedic surgeons (61%). Channel Use in Flux. Life sciences companies’ owned channels remain relevant.
On the physician front, the core technology that is powering meetings between a physician and patient is also making engagement between a pharmarep and a physician possible. Similar to the spike in the use of telemedicine between patients and physicians, there has been a spike in virtual detailing between pharmareps and physicians.
Ways Pharma sales reps and MSLs are the same: Truly, the main similarity between both roles is that Pharmareps and MSLs are both field facing teams. So both MSLs and sales reps should be on their “A” game at all times!
Additionally, the LAICA RepAssist AI models continue to learn from rep behavior and searches to continually improve contextual relevance. Field-based pharmareps have a tremendous amount of information they must manage and access in face-to-face HCP interactions.
Obviously, the more time spent in front of customers, the more field experience they get, but if your pharmareps are not reaching their potential or their sales goals, is the field helping them develop their skills ? Quantified and the Power of Practice in Pharma . But what about practice? Apparently not.
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.
The findings presented here are based on pharma sales rep activities that were captured in Veeva CRM between 1 January 2020 and 5 April 2021. Before COVID-19, pharmaceutical sales reps had been accustomed to meeting HCPs in person. Emergence of digital. Will the HCP engagement model return to face to face?
Periodic observation, coaching sessions, client feedback, and role-play exercises often fail to explain why some pharmareps consistently meet and exceed management expectations while other equally knowledgeable reps do not. Most find it increasingly difficult to arrange one-on-one meetings with prescribing physicians.
Results: “As a pharmarep who started right when the pandemic hit, meeting my HCP customers was almost impossible, but since I started using Storyvine video emails I’m seeing near 100% response from my customers on my outreach which is resulting in more meetings then I’ve ever been able to schedule beforehand”.
Also, already before the COVID-19 pandemic, many physicians began to restrict visits from pharmareps in some way, and the majority of offices had variable access policies governing pharmarep visits. Medical device sales reps are facing the same challenges and this is why this subject is so important.
After the pandemic, many pharmareps shifted to digital sales calls, but the effectiveness of these calls has declined. In spite of this, the industry is still experiencing mixed results. The study also noted that face-to-face meetings have gained positive prescription intent, which is 17% higher than before the pandemic.
Pharmaceutical representatives (pharmareps) are facing new challenges as a result of these transformations that have drastically altered the pharmaceutical sales landscape. Essential Competencies in Pharmaceutical Sales First, let’s review the competencies of a successful sales rep in pharma.
Ethical pharmareps had to build trust through scientific rigor and innovation, while generic pharmareps had to overcome preconceived notions and emphasize the value proposition of their products. Their credibility relied on proving that their products were just as effective and safe, despite being more cost-effective.
Enhancing communication across care teams and improving multi-site operations with features such as video conferencing, a digital whiteboard and RxVantage calendar integration to more efficiently connect healthcare providers with relevant pharmareps.
Pharmareps working with these chains benefit from the sheer volume of sales and the opportunity to position their products on a national level. They ensure that the products sold are appropriate and safe, which is why pharmareps often rely on their expertise to promote products effectively.
While digital channels are gaining traction, there’s an interesting paradox HCPs still place immense value on face-to-face interactions with pharmareps. The pharmaceutical industry is going through a transformative period when it comes to engaging with healthcare providers (HCPs).
For pharmareps, understanding the market and staying prepared with stock availability is key to turning these breaks into long-term gains. Stock Shortages in Malaysia In Malaysia, stock shortages are not uncommon, especially for generic medicines. A recent example is the insulin shortage that occurred in August 2024.
In this deep dive, we will explore how much do pharmaceutical sales reps make, the factors that influence pharmaceutical sales rep salaries and provide insights into what you can expect in terms of compensation in this field.
Ninety percent of physician thought leaders prefer certified pharmareps. No need to buy books about breaking into the pharma sales role or attend conferences. If you’ve read this and are wondering how to even get the interview, then you’ll want to consider becoming a Certified Pharmaceutical Sales Representative.
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. As a pharmarep, you need to be able to switch gears faster than a Myvi weaving through KL traffic.
Imagine what a pharmarep will look like in 10 years. Will they still be out driving all the time? Maybe they’ll just be using their phones. Or perhaps they’ll be engaging with doctors in virtual reality. While we can’t say for sure what the future will hold, we can try to make educated guesses.
Meet Wei Wei isn't your typical high-flying pharmarep. The truth is, Wei used to be that kind of rep. Forget fancy suits and briefcases overflowing with brochures for the latest wonder drug. All charm and spiel, pushing expensive branded meds on busy doctors.
According to Veeva Pulse data , COVID-19 has accelerated the shift to digital for life sciences, with significant growth in remote and digital engagement since early 2020, and a 10X increase of HCPs using three or more channels in their engagement with pharma 1.
As a former pharmarep and district manager, I would value any tool that echoed my brand’s message to HCPs. Reps spend most of their time identifying patient type and efficacy. This can help them access relevant prescription support, thereby building a direct relationship between them and the brand, to influence adherence.
As pharmareps’ access to physicians continues to decline, this case study examines the effectiveness of reaching physicians through other means—the EHR. THE CHALLENGE. Today’s physicians struggle to balance the increasing demands of patient loads, electronic health record (EHR) systems, and time spent on administrative tasks.
To cater to all of these preferences at the same time, we are seeing Pharma teams turn to online educational platforms that can be used to host both video/audio/visual content, on-demand webinar recordings, and live virtual meetings. Depending on the context, educational components such as eLearning modules and quizzes might be added.
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