Pharmaceutical Marketing Presentation

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Pharmaceutical Marketing: an investigation into current practices through case studies and interviews MSc in Pharmaceutical Quality Assurance and Biotechnology Paul Sherlock C99026309

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Pharmaceutical Marketing: an investigation into current practices through case studies and interviews

Transcript of Pharmaceutical Marketing Presentation

Page 1: Pharmaceutical Marketing Presentation

Pharmaceutical Marketing: an investigation into current practices through case studies and interviews

MSc in Pharmaceutical Quality Assurance and BiotechnologyPaul SherlockC99026309

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Aims and Objectives

Investigate marketing practices of pharmaceutical companies

Comparison of guidelines and regulations in 4 markets

Examine the methods of how companies sell their products

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Research Methodology

Literature search (regulations and guidelines from industry organisations)

Marketing case studies – Claritin (Clarityn) and Lipitor (in progress)

Interviews of pharmacists, doctors and pharmaceutical representatives

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Results

Case study – Clarityn (Claritin)

US/Canada Packaging

European Packaging

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Clarityn/Claritin websites

US Website European website

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Claritin/Clarityn advertisements

US, 1996

EU, 1998

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Lipitor website

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Lipitor Commerical

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Results – interviews of pharmacists

On average see a representative for 15 - 30 minutes per visit

Representatives have a job to sell and inform but independent assessments must be done

Information from representatives is important No training for pharmaceutical marketing Marketing would influence consumer choices Disagree with DTC advertising Internet some influence

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Disagree with DTC advertising Internet big influence See representatives on a regular

basis Representatives have useful roles Average visit of 10 -20 minutes No training towards marketing Mixture of opinions on gifts

Results – interviews of doctors

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Intensive training Arrange meetings through

appointments/evening meetings Appointments last about 5 – 30

minutes Other marketing methods

complement the representatives work No bonuses are offered

Results – interviews of pharmaceutical representatives

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Implications of findings/Conclusion

Pharmaceutical Marketing has big influence on companies sales

Huge amount of regulations/guidelines

Information from representatives is useful but follow-up research has to be done

DTC advertising of prescription drugs is generally a bad idea.

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Future Work

E-media

More global comparisons

Larger survey of doctors/pharmacists/representatives