eNewsChannels Monday, December 1, 2008
Neotrope®

eNewsChannels - Business, Entertainment and Technology News
   
    Search eNewsChannels: 
English Translate Page:
 

Eularis Releases First-Ever Pharma Study: ROI of Pre-Launch Named Patient Programs

Wed, 17 Sep 2008 14:47:22 -0700 PDT
by Tabitha Berg
Email this Page Share this Page Feedback

NEW YORK, N.Y. and LONDON, U.K. — Eularis today announced the release of a first-ever study on the ROI of named patient programmes (NPP), also known as compassionate use programs. The paper, “Implementing a pre-launch named patient programme - evidence of increased market share,” provides pharmaceutical companies with insight and mathematical justification into the cash market share and revenue impact of pre-launch NPPs on brands, while outlining the benefits and challenges that they create. NPPs provide pharmaceutical and biotechnology companies with a way to ethically provide pre-launch medicines available in countries outside of the approved markets.

Dr. Andree K. BatesThrough these programmes, patients with a genuine unmet medical need are able to access the potentially live-saving medicines before those medicines are licensed and commercially available in their home country. By implementing an NPP, companies increase patient access to new treatment options and in turn create additional revenue opportunities.

While many companies have employed NPPs in an effort to manage patient access, maximize market share and optimize profits, until now, no studies have been conducted reporting on the efficacy of these programmes. In a market environment where an effective launch can result in success or failure of a pharmaceutical, evidence-based strategy is essential to launching and maintaining a successful product. The study reports on the positive ROI and increased launch market share that can be achieved by using NPP programmes pre-launch. The study used a control group of brands that had not used NPP, and matched these with brands that had, across multiple countries and therapeutic categories. The paper also reports on additional non-financial benefits such as product visibility and physician cultivation and relationship development.

“The pharmaceutical industry has already widely-adopted named patient programmes into many product launch strategies,” said the author of the paper, Dr. Andree K. Bates, president of Eularis. “To date, there has been limited data available on the actual frequency, usage and clinical success of these programmes, and their ultimate impact on a product launch. This study is the first to be able to quantify the positive revenue impact that these programmes wield.”

The paper (published in the Journal of Medical Marketing, September 2008 issue) also explains the regulatory and practical challenges of implementing NPPs across Europe, including regulatory constraints and inconsistent guidelines between countries. The paper addresses the difficulties that pharmaceuticals companies face by not being able to actively promote an NPP of an unlicensed pharmaceutical, which makes it difficult for patients and physicians to learn of NPPs.

Dr. Andree K. Bates, president of Eularis, will be speaking about NPPs at CBI’s Premier Forum on Pre-Approval Access for the Bio/Pharmaceutical Industry conference in Baltimore, MD in October 2008. Bates has gained wide recognition within the international pharmaceutical industry for her expertise in marketing return analysis and is speaking in Tokyo and Sydney in October on this topic also. In addition to this paper and other articles in peer-reviewed journals, she has also authored several must-have reports for pharmaceutical industry marketers, and several chapters in books on pharmaceutical analytics. To arrange an interview with Dr. Bates, please contact Catherine Allen at +1 617.779.1879 or via email at CAllen@Eularis.com.

To read the paper, “Implementing a pre-launch named patient programme - evidence of increased market share,” please visit: www.palgrave-journals.com/jmm/

About Eularis

Eularis provides sophisticated pharmaceutical analytics that provide data-driven insight into the financial impact of corporate and marketing decisions. Unlike traditional analytics approaches which are lengthy and whose reliance on historical or analogue data reduces their accuracy, Eularis’ proprietary 94.8 Analytics Process is based on the current market situation. This proven approach helps pharmaceutical marketing teams to quickly plan, measure, validate, and optimize their sales and marketing performance. Eularis offers pre-launch analytics, marketing mix modeling (both professional and consumer), portfolio optimization, sales force effectiveness, managed care analytics, and patient compliance solutions.

Co-headquartered in London and New York City, the company has developed significant experience in the global pharmaceutical market through client engagements with AstraZeneca, GlaxoSmithKline, Merck, Pfizer and many others.

For more information about Eularis, visit www.eularis.com.

Technorati Tags: , , ,
SPHERE: Related Content — CLICK HERE to See What Else is Out There!

About The Author / Editor:


StumbleUpon It!Tabitha Angel Berg is an aspiring author and musician and joined eNewsChannels in Nov. 2006 as an editor and mistress of the content management system. She likes ferrets better than cats and tea better than coffee, and is still waiting on the perfect ebook reading device.
» Learn More About Tabitha Berg

— advertisement —

Promote Your Company
to the Media and on This News Portal

Press release services and Internet marketing from Neotrope®
Proven, targeted solutions since 1983 • Member BBB
» Targeted News Distribution     » Press Release Writing

Feedback to this Story

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

» Privacy Statement. The requested information is used only to prevent abuse.

NOTE: All comments are moderated and comment-spam will be IP blocked.
Comments which are blatant attacks on a company or brand mentioned
in the article will be ignored. Please comment intelligently and responsibly.



  Related Stories
advertise on this magazine site
 
 
  eNewsChannels RSS Subscriptions
  eNewsChannels Story Archives
  The Blogosphere
be part of the solution to global warming - join we
News Channels
COLUMN: CrazyCats
News: Advertising
News: African American Interest
News: Agribusiness
News: Alliances
News: Apple, iPhone and iPod
News: Archaeology
News: Architecture
News: Armed Forces
News: Arts and Entertainment
News: Associations
News: Astronomy and Space
News: Auctions
News: Auto and Motorsports
News: Aviation
News: Awards
News: Baby Boomers
News: Banking and Finance
News: Beauty Pageants
News: Beauty Products
News: Biotech and Biometric
News: Boating and Marine
News: Books
News: Business
News: Casino
News: Celebrity
News: Chemical Industry
News: Clothing and Fashion
News: Collectibles
News: Computing
News: Construction
News: Consulting
News: Contests
News: Corporate Social Responsibility
News: Datacom
News: Defense
News: Digital Imaging
News: Economic Development
News: Electronics
News: Employment
News: Energy and Oil
News: Entertainment Industry
News: Environmental
News: Events
News: Family and Parenting
News: FDA Approval
News: Films and Film Making
News: Fine Arts
News: Fitness
News: Food and Beverage
News: Foodservice and Restaurants
News: Franchise Industry
News: Funeral and Cemetary
News: Furniture
News: Gay and Lesbian Interest
News: General Editorial
News: Global Aid
News: Government
News: GPS Solutions
News: Green Products
News: Healthcare
News: History and Americana
News: Holidays
News: Holistic
News: Home and Garden
News: Horse and Equestrian
News: Hospitals
News: Hotel and Hospitality
News: Hunting and Fishing
News: Information Technology
News: Insurance
News: Interior Design
News: Internet Culture
News: Internet Services
News: Investment Services
News: Jewelry
News: Jewish Interest
News: Latino Interest
News: Linux Applications
News: Made in the USA
News: Manufacturing
News: Medical
News: Medical Devices
News: Men's Interest
News: Mergers and Acquisitions
News: Mining and Metals
News: Mobile Computing
News: Motorcycles
News: Multimedia
News: Museums and Galleries
News: Music Entertainment
News: Nanotech
News: Native American Interest
News: Neurotechnology
News: Non-Profit Organization
News: Opinion
News: Outsourcing
News: Patent and Trademark
News: Pets
News: Pharma
News: Photography
News: Plastics
News: Podcasts
News: Police, Fire and Rescue
News: Politics
News: Pop Culture
News: Printing and Publishing
News: Product Launches
News: Public Companies
News: Public Relations
News: Publishing
News: Radio
News: Real Estate
News: Recording Industry
News: Religion
News: Reports and Studies
News: Retail Products
News: Robotics
News: Safety and Security
News: Schools and Education
News: Sciences
News: Seniors
News: Sexual Health
News: Social Networks
News: Software for Business
News: Software for Entertainment
News: Sporting Goods
News: Sports
News: Taxes and Accounting
News: Telecom and VoIP
News: Television and Video
News: Tools and Test Equipment
News: Toys and Games
News: Transportation
News: Travel
News: Video and DVD
News: Video Games
News: Web Hosting
News: Websites
News: Women's Interest
Newsdesk
REVIEWS: Films and Video
REVIEWS: Music and Gear
State: Alabama
State: Alaska
State: Arizona
State: Arkansas
State: California
State: Colorado
State: Connecticut
State: Delaware
State: District of Columbia
State: Florida
State: Georgia
State: Hawaii
State: Idaho
State: Illinois
State: Indiana
State: Iowa
State: Kansas
State: Kentucky
State: Louisiana
State: Maine
State: Maryland
State: Massachusetts
State: Michigan
State: Minnesota
State: Mississippi
State: Missouri
State: Montana
State: Nebraska
State: Nevada
State: New Hampshire
State: New Jersey
State: New Mexico
State: New York
State: North Carolina
State: Ohio
State: Oklahoma
State: Oregon
State: Pennsylvania
State: Puerto Rico
State: Rhode Island
State: South Carolina
State: South Dakota
State: Tennessee
State: Texas
State: Utah
State: Vermont
State: Virginia
State: Washington
State: West Virginia
State: Wisconsin