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Fresh Approaches to Launch Success: |
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Fewer than 6% of product launches are actually successful, an alarming statistic given the hundreds of millions of dollars pharma companies invest in clinical and commercial development each year. The main culprit? A “one-size-fits-all” strategy that often ignores cultural nuances and fails to customize the launch to a specific geography. IMS recently wrapped up fresh analysis of more than 3,000 brands spanning 64 therapy areas and 8 countries, and has formed new conclusions regarding what companies must do to position their brands for success. Important inputs to this are novel commercial approaches and recognition of the varying timescales that need to be factored into pre-launch and post-launch strategies, as well as the performance management systems needed to support these. In this video, join IMS experts as they:
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