Pharmaceutical Technology

NOVEMBER 22, 2022

China will continue to take steps towards becoming as competitive in high-value innovative pharma as it is in the generics industry, with The Wall Street Journal reporting Chinese biotechs raised $1.6tn through 568 venture financings last year, up from $11bn in 418 deals in 2020.

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PM360

JUNE 26, 2023

Expanding Opportunities for Pharma Companies in Emerging Markets Despite these challenges, pharmaceutical companies have excellent reasons to launch their products in emerging markets. These partnerships can be with local governments, healthcare providers, local startups, and non-governmental organizations.

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eMediWrite

AUGUST 30, 2023

Pharma MSMEs might not have the negotiation leverage or other options necessary to properly handle late payments. Challenges posed by payments that are late for pharma MSMEs For pharma MSMEs, late payments present formidable obstacles. Government initiatives are crucial for fostering change.

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Pharma Marketing Network

DECEMBER 17, 2021

Big pharma has compelling reasons to change the way business gets done. Increasing competition for talent, as well as the uncertainty of remote versus in-person workspaces, impacts new hire engagement. And last, but certainly not least—governance. What is Big Pharma doing to tackle climate change? Why make it inviting?

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pharmaphorum

JANUARY 19, 2023

Run by Life Science Integrates, Pharma Integrates was in its 11th year in 2022. He continued: “I think this is largely because, since 2012, the budget has been hugely skewed towards acute services […] Successive governments have raided the budget of the healthcare system. The health systems are broken, but so is the pharma model. [We]

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PharmaKinnex

AUGUST 23, 2022

The Traditional Pharma Model Isn’t Working – It’s Time to Evolve! From new legislation to functional shifts in marketing and advertising, the pharma industry works hard every day to keep up with new regulatory requirements and the constantly evolving expectations of prescribers and patients. August 23, 2022.

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Clarivate

JANUARY 23, 2024

To learn more about how Clarivate and CMR International help pharmas future-proof their portfolios, please visit us here. Jasmin has a Masters degree in Corporate Governance from Kingston University, London and a Bachelors degree in Economics and English Literature from the University of Mumbai.

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Pharma Marketing Network

DECEMBER 17, 2021

The pharma industry has been slower to embrace digital technologies than other less-regulated sectors but the COVID-19 pandemic has greatly changed this long-standing mindset. In 2020 and 2021, we saw pharma forced to become more flexible and open-minded than ever before. HCP Engagement and Pharma Salesforces.

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Pharmaceutical Technology

NOVEMBER 4, 2022

Consistent government action needed. For the life sciences and pharmaceutical sector, the Conservative government promised £34 billion ($38.98 The government’s actions on funding remain critical for small to medium enterprises (SMEs) like Ochre. UK’s competitive potential. says O’Meara.

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European Pharmaceutical Review

JUNE 8, 2023

A new report by the Association of the British Pharmaceutical Industry (ABPI) has identified the UK biopharma industry is increasingly seeking talent with artificial intelligence (AI) and data skills to maintain competitiveness as digital technology continues to drive innovation.

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Contrarian Sales Techniques

FEBRUARY 21, 2023

How A Pharma Sales Rep Can Contribute to Society One way that pharma sales reps can contribute to society is by ensuring that healthcare providers are informed about the latest advances in treatments and therapies. This can have a significant impact on patient outcomes and overall public health.

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pharmaphorum

JANUARY 16, 2023

Two top pharma companies have exited the UK’s voluntary medicines pricing agreement in protest at what the industry has said is a “punitive” system of revenue clawbacks, casting doubt on the future of the scheme in its present form. In December, the ABPI warned that clawback – totalling almost £3.3

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pharmaphorum

OCTOBER 20, 2022

Together, these groups compile vast amounts of data, including rich information on patient populations, target customers, and the competitive landscape. Historically, competitive and market analysis data has been stored in spreadsheets. Truly understanding the competitive landscape and market environment.

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Contrarian Sales Techniques

FEBRUARY 29, 2024

In this blog post, I’d like to go deeper into that world, and not just finding an entry-level position in a Pharma company. Regulatory compliance: Familiarize yourself with relevant regulations that govern pharmaceutical sales practices. Consider taking introductory courses or online resources to improve your scientific literacy.

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Pharmaceutical Technology

JULY 21, 2022

As part of ESG (Environmental, Social, and Governance), the social good delivered by robust healthcare systems are at the core of healthy populations. In 2010, only eight big pharma companies had an access strategy for low- and middle-income countries, but today, 17 of the biggest 20 companies do.

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PM360

APRIL 7, 2023

What other policy issues or potential changes by the government should companies be aware of? However, we expect drugs without strong therapeutic alternatives to have an advantage in negotiations, while drugs in highly competitive classes will be negotiating from a weaker position. The 340B battle will rage on.

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World of DTC Marketing

JULY 21, 2021

Drug pricing is done by internal teams who look at what the market will bear and the competitive landscape. If drug prices are to come down, the federal government needs to negotiate drug prices for Medicare, and a new breed of CEO, who really puts patients first, needs to take control. Again this is not true.

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MedReps

SEPTEMBER 19, 2022

There’s no shortage of challenges for those new to pharma, medical sales and even veterans. Often we’re lucky if we even get to see our physicians, let alone overcome their objections regarding insurance coverage and competitive claims. Then, there are internal hurdles like compliance standards and ever-increasing goals.

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World of DTC Marketing

MAY 26, 2021

Here is the executive summary of the Government’s report on AbbVie. AbbVie has obtained or applied for over 250 patents on Humira to block competition from lower-priced biosimilars. SUMMARY: Sometimes there are just no words to express my outrage. I’m disgusted, sad , and angry.

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Pharmaceutical Technology

JANUARY 30, 2023

The UK government’s decision to set an unprecedented payback rate of 26.5% on National Health Service (NHS) sales of branded medicines in 2023, almost double that of the previous year, has sent shock waves through the pharma industry. Calculations behind the jump in payback rate The government-calculated 2023 clawback level of 26.5%

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Medico Reach

DECEMBER 2, 2022

To bring effective medicines and Innovations in healthcare industry , a Clinical Research Organization or Contract Research Organization (CRO) are a must for the Biotech, Medtech, and pharma industries. It helps pharma companies, along with other medical organizations, to innovate and maximize positive outcomes.

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PM360

NOVEMBER 12, 2023

This should, at least in theory, make them an appealing target for biopharma companies looking to expand beyond the hugely competitive markets of the U.S., This is supported by epidemiology data from Evaluate Pharma. Pricing negotiation with the government might be a brave new world for the U.S. Europe, and parts of Asia.

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pharmaphorum

JANUARY 27, 2023

While global macroeconomic uncertainty continues to impact financing, the pharma industry has focused on UK biotechs to strengthen product pipelines. There is global capital out there for us to attract, as well as finance in the City of London [that] we need to unlock, but competition is fierce.”

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European Pharmaceutical Review

OCTOBER 10, 2023

According to the Association of the British Pharmaceutical Industry (ABPI), a consultation by the UK Government proposing radical changes to the Statutory Scheme for branded medicines has been heavily criticised by the pharmaceutical industry. These include exemptions for the newest medicines, blood and plasma derived products and vaccines.

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Medicine Pharma Government Competition 101

Contrarian Sales Techniques

FEBRUARY 26, 2023

These countries, known as "compulsory licensing" countries, have laws that allow the government to issue licenses to local companies to produce generic versions of patented drugs without the patent holder's permission. Some examples of compulsory licensing countries include India, Brazil, and South Africa.

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Pharmaceutical Technology

JULY 29, 2022

This is borne out of the fact that while nearly three-quarters are confident in the education and training for those in the pharma sector, just 64% are confident with the industry’s ability to source engineers against competition from other sectors. Government policy and regulation: Index score 6.96/10.

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eMediWrite

MAY 10, 2022

To find the best method for your pharma brand, combine opportunity, strategy, and action. Marketers and managers must employ a data-driven, customer-focused approach to strategy and planning to win in pharma marketing today. Compare your business to the competition. The COVID-19 pandemic’s impact on content marketing.

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pharmaphorum

NOVEMBER 10, 2022

Expressing a desire that a shared passion for innovation and excellence within cancer care should be put at the centre of policies in order to establish resilience and competitiveness, Montserrat did note that sustainability was also important across the 27 EU member states. The responsibilities of pharma.

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Pharma Marketing Network

OCTOBER 27, 2021

Competitors in this space include government entities, big technology companies and industry players such as healthcare information technology players along with pharma and medical technology companies. Digital platforms have been able to fill gaps and solve problems that were ignored by large enterprises and government services.

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pharmaphorum

JULY 21, 2016

New measures proposed by the Government will impact community pharmacies across the UK; the biggest change of this nature in decades. How will pharmacy suppliers, such as consumer health companies, operate in the increasingly cost constrained and competitive environment?

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pharmaphorum

NOVEMBER 25, 2022

Alberto Chiesi also remarked that the industry is grappling with growing global competition, in which Europe is losing ground in R&D: 48% of new products globally are developed in the United States, compared with 25% in Europe. The situation was reversed only 25 years ago. And so, pharmaceutical spending is an investment, he said.

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European Pharmaceutical Review

NOVEMBER 30, 2023

For example, the GMP report stated that the contract development and manufacturing organisation (CDMO) eXmoor pharma, will be launching a cell and gene therapy process development and clinical manufacturing facility in Bristol. Licensing of the manufacturing suites is expected in early 2024.

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Contrarian Sales Techniques

FEBRUARY 11, 2023

Back to My Medical Sales Representative Role Now, selling to Government health facilities like the district hospitals or Klinik Kesihatan is different from selling to General Practitioners (GP) and retail pharmacies. This can make it easier to close a sale, but it also means that the competition for business can be intense.

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Contrarian Sales Techniques

DECEMBER 3, 2023

The bottom line is that traditional calling strategies are simply not effective in today's competitive marketplace. Data Governance : Establish data governance policies to ensure the consistency, integrity, and security of your customer data. This can lead to frustration, annoyance, and even anger on the part of the customer.

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Quantified

OCTOBER 31, 2022

Sales coaching has remained relatively the same for the past few decades, with promising technologies like AI still considered alternative to some pharma sales organizations. To put it bluntly, it’s harder than ever for reps to sell or for pharmas to remain profitable. What’s driving the need for a sales coaching revolution?

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Contrarian Sales Techniques

DECEMBER 14, 2022

What Influence the Future of the Large-Cap Pharma Industry? The acquisition activity of large pharmaceutical companies is also a result of the lackluster sales of older drugs, the government's scrutiny of the pricing of drugs, and the emergence of new tech firms such as Google and Apple.

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Evolve Your Success

JUNE 21, 2022

Pharma Sales To Med Device CEO: The Jeff Smith Story Part 1. It was during the Asian economic crisis, which I mentioned because if you had dollars like we did, the Hong Kong government made a choice to peg the Hong Kong dollar to the US dollars as inflation was going through the roof. You started in pharma. Love the show?

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