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Πέμπτη 4 Μαΐου 2017
Τετάρτη 26 Απριλίου 2017
It is not a great time to be a pharmaceutical rep
By Martha Rosenberg*
More than a
decade ago, the job of the pharmaceutical rep was enviable. Direct-to-consumer
advertising pre-sold many drugs so doctors already knew about them. Medical
offices welcomed the reps who were usually physically attractive and brought
lunch. In fact, reps sometimes had their own reception rooms in medical
offices.
By 2011
thanks to drug safety scandals and new methods of marketing, the bloom had
fallen off the pharma reps’ roses. The number of prescribers willing to see
most reps fell almost 20 percent, the number refusing to see all reps increased
by half, and eight million sales calls “could not be completed” at all,
reported ZS Associates.
Τρίτη 18 Απριλίου 2017
The top 10 drug launches of 2017
After an unusually slow year for new drug
approvals—the FDA greenlighted just 22 meds in 2016—it remains to be seen
whether drugmakers can do much better in 2017. One thing’s for sure, though: No
matter what total the industry tallies up this year, the crop will bring some
would-be blockbusters and market disrupters.
At the top of the list, according to EP
Vantage’s 2017 preview, which ranks the year’s rollouts by 2022 sales, is
Ocrevus (ocrelizumab), the Roche multiple sclerosis drug that’s promising to shake
things up in more ways than one. In clinical trials, the candidate bested Merck
KGaA's standard therapy Rebif, and it’s also gone where no other MS drug has
gone before, posting positive data in patients with the primary progressive
form of the disease. Those data will put the heat on other meds—and invite
payers to pile pressure onto the segment, too.
Δευτέρα 3 Απριλίου 2017
Pharma's most-valuable brands 2017
U.S. pharma brands jumped in value almost across the board in Brand Finance's annual look at the nation’s most valuable. The lone exception? Valeant Pharmaceuticals
While Johnson & Johnson, Pfizer, Merck & Co., AbbVie, Eli Lilly and Bristol-Myers Squibb all gained brand value—$500 million, on average—Valeant dropped almost $1 billion. The embattled pharma went from $2.67 billion last year to just $1.48 billion in this year’s tally.
That's quite a turnabout: Just one year prior, Valeant had soared to join Pfizer at the top of the pharma chart, based at the time on its strategy of buying in drug development, with takeovers of Salix, Mercury Holdings and Sprout Pharmaceutical in 2015.
Brand value is different from reputation, which is why pharma could gain industrywide amid the drug-pricing controversy that raged almost all the way through 2016.
Brand Finance also tallies global brand value, and its worldwide pharma report, the top 10 global pharma brands, saw value increase unilaterally. Roche led global growth with a 56% increase in value at No. 1 and a $6.09 billion value.
Κυριακή 2 Απριλίου 2017
What Are The Top-Selling Prescription Medications In History?
You
may or may not be surprised to learn that Lipitor, a prescription medication for lowering bad
cholesterol and manufactured by drug giant Pfizer, is the top-selling prescription drug of all
time according to recent reports, which indicate the medication has brought in
$148.7 billion in sales over the drug’s 21 years since it was approved in 1996.
What
other prescription medications are the top sellers? Humira, Seretide, Remicade,
Plavix, Enbrel, Rituxan, Herceptin, Avastin, and Nexium round out the top 10.
Humira, a drug from AbbVie Inc., is used for the treatment of a variety of
conditions from arthritis and ulcerative colitis to plaque psoriasis and
Crohn’s disease.
Seretide, also known as Advair, is a top-selling asthma inhaler drug from GlaxoSmithKline; a bronchodilator also used to treat COPD.
Remicade, manufactured by Janssen Biotech (formerly Centocor Ortho Biotech) is similar
to Humira in that the drug is used to treat Crohn’s disease, plaque psoriasis,
ulcerative colitis, and rheumatoid and psoriatic arthritis.
Plavix is a blood thinner brought to the
market by Bristol-Myers Squibb and Sanofi SA, and is designed for patients with coronary
artery disease and may help prevent heart attack, stroke, and other heart
conditions.
Most
people are familiar with most of these drugs, which have brought in billions in
sales since approval. For instance, Humira was approved in 2003 and through
2016 had $95.6 billion in sales. Plavix was introduced into the pharmaceutical
market in 1997, and has brought in sales of $82.3 billion.
While
Lipitor is still a huge seller for Pfizer, the majority of sales are in
overseas markets and China since the expiration of its patent in November of
2011.
Many
believe that while our new President has vowed to bring down prescription drug
prices, it won’t be an easy task, or one that’s tackled during his time in
office, considering other obstacles such as trade and tax reform, changes to
healthcare, and more.
Τετάρτη 15 Μαρτίου 2017
Top 15 pharma companies by 2016 revenue
Source: FiercePharma
Still,
it does feel as if something's happening here. The building tensions over
pricing, and a review of the top 15 companies by 2016 revenues,
suggests the relentless march forward of drug prices and profits may have
slowed. Sales
for the top 15 companies were up about 4% for the year combined, certainly not
a figure that shows great strides. Four companies in the top 15 saw their
revenues fall for the year, while others reported results that would be
classified as flat.
The
companies prominent in the diabetes field have been under payer pressure for
several years now, and sales at Sanofi and Novo Nordisk illustrate that, even
if Eli Lilly managed to see some significant gains in diabetes meds in the
fourth quarter.
Δευτέρα 13 Μαρτίου 2017
5 Types of Training Every Pharmaceutical Sales Representative Needs
It is well-known that selling is a dynamic profession, and you need to upgrade your knowledge about your products and services constantly to be a successful salesman. But, the task of salesmen in the pharmaceutical sector is tougher when compared to their counterparts in other industries. Here, the prospect (I mean the doctor) has more knowledge about medicines and diseases than the salesman. How does the pharmaceutical representative make an impact on the doctor and how does he help introduce his company’s medicines? The answer – he needs to be as knowledgeable as the doctor himself. When sales representatives join pharmaceutical companies, they undergo intensive one-month pharmaceutical sales classroom training sessions, where they are trained aggressively by doctors and medical sales managers. This is usually a full time certification course. Once this sales training is complete, they go out to the market and work in the field.
Τετάρτη 8 Μαρτίου 2017
The future of pharma's salesforce
PharmaTimes magazine | Katrina
Megget*
The future of pharma's salesforce has been a
hotly debated topic for years. Now we wave goodbye to one-size-fits-all and
embrace a field force fusion
It has been a turbulent few years for pharma's
salesforce as the industry has tried to find its feet amid a shifting
healthcare landscape. For all intents and purposes, the sales rep should be
dead, yet the role remains, and largely intact – albeit head count has reduced
and other roles and job titles have sprung up. Indeed, the salesforce of the
future is beginning to take shape. And there's even a place for the sales rep,
experts say. That's because the new salesforce will be a blend of roles and
capabilities.
"The salesforce is changing," says Alan
Kidd, business development manager at CHASE. "It's becoming increasingly a
mix – an educational and promotional mix, which includes digital and
e-detailing, other roles and even health outcomes consultants."
This is echoed by Ryan Wooller, business development
director at Star. He says the salesforce of the future will be made up of
different role types, deployed in different geographies with messages tailored
to reflect the requirements of the local health economies. "The days of
the one-size-fits-all national sales team are numbered," he states.
Τετάρτη 22 Φεβρουαρίου 2017
Top 10 patent losses of 2017
Eric Sagonowsky | FiercePharma
Among the many meds that’ll lose patent
protection in the U.S. this year are 10 drugs that each contribute in a big way
for top drugmakers. Eli Lilly, Pfizer, Takeda, Bristol-Myers Squibb and Gilead
are each set to hit the patent cliff this year with some of their respective
big sellers.
Together, they brought in more than $10 billion
last year in the U.S. and cover a range of indications: multiple sclerosis,
HIV, erectile dysfunction and cancer, among others. They’ll be hot targets as
generic rivals rush to steal share with cheaper options.
Just when a drug will lose market exclusivity
isn’t always clear, with add-on patents and legal settlements occasionally
clouding the picture. We've focused not only on drugs that will lose their
patent shields in 2017, but those that, because of patent litigation or
settlements, will find themselves vulnerable to generic or biosimilar
competition.
Δευτέρα 30 Ιανουαρίου 2017
Pharma's latest idea for getting drug info in front of docs? Give them a single login
Six
big pharma companies are joining forces to create a one-step login for doctors
and healthcare providers to get drug information. The newly formed Align
Biopharma group includes Allergan, AstraZeneca, Biogen, GlaxoSmithKline,
Novartis and Pfizer, along with life sciences software solutions company Veeva
Systems.
They’re
banding together to address the problem doctors have in digitally accessing
information from pharma companies. While use of digital information among
doctors has grown—as visits by pharma sales reps continue to decline—so has the
difficulty in managing a wide array of sources.
The
goal of the group is to create two industry standards—one for identification
and the other for consent and preferences, with work on the identification standard
already begun. With one standard, physicians and healthcare providers would be
able to use a single login to access an array of different pharma sites.
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