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Demonstrating the value of medicines
Demonstrating the value of medicines
Reprinted from the Medical Marketing Manual
Patrick Hopkinson, Paul Trueman and Francois Schubert describe the fundamental
changes in the pharmaceutical market that are driving the need for companies to
demonstrate the value of new medicines.
This is a reprint of Chapter 18 from the
Medical Marketing Manual which is edited by Paul Higham and Peter D
Stonier. The unique format of the Manual means that individual chapters are
updated whenever necessary.
The Manual has been written by senior
medical and marketing executives in the pharmaceutical and allied service
industries as a guide to the commercial development of medicines, particularly
the interaction between the research, development, medical and marketing
functions.
The Editors have used their wealth of experience and
knowledge in both the medical research and marketing spheres to provide a
unique publication, which in 18 chapters and 5 Supplements covers all important
aspects of the subject.
PREFACE to the Medical Marketing
Manual by Paul Higham and Peter D Stonier
The pharmaceutical
industry is changing rapidly. Gone are the days where the products of Research
and Development were exposed somewhat reluctantly by their scientific champions
to the palette of marketing activity some 1-2 years before launch. Now, it is
essential that there is communication and co-operation between researchers,
clinical development experts and marketers. This collaboration must be
co-ordinated from the point of invention to patent expiry and beyond, to ensure
that long-term investment leads to tangible patient benefits so creating
competitive edge, payor acceptance and ultimately increasing shareholder
value.
There is a need to demonstrate value for money for new medicines
and in many countries market access is critical to the ultimate success of
failure of scientific innovation. To satisfy these demands, traditional
marketing methods are being supplemented by the new technologies of the
internet and e-commerce, by pharmacoeconomics and by well developed
reimbursement and pricing strategies.
The Medical Marketing
Manual addresses all these rapidly changing and complex issues. Each
chapter is written by an acknowledged expert and gives an up-to-date and
authoritative perspective on the key issues facing the industry.
Demonstrating the value of medicines
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