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It’s Time to Admit: In an Era of High Distrust, Pharma DTC TV Ads Are Ineffective

World of DTC Marketing

For decades, pharma companies have relied on direct-to-consumer (DTC) television ads to build awareness and drive demand for prescription drugs. Awareness Alone Isn’t Enough Pharma DTC ads still do one thing reasonably well: generate broad awareness. A 60-second ad spot during prime time or sports broadcasts ensures mass reach.

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Astellas Pharma CEO Q&a (Part 2): We Have To Have Alternatives for Prescription Medicine Business

MedCity News

The post Astellas Pharma CEO Q&a (Part 2): We Have To Have Alternatives for Prescription Medicine Business appeared first on MedCity News. In part 2 of our Q&A, Okamura addresses the need for biopharma companies to leverage digital technologies in disease management.

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Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In

MedCity News

Multiple stakeholders are to blame for prescription drug costs, including pharmaceutical companies and PBMs, according to Merith Basey, executive director of Patients for Affordable Drugs. The post Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In appeared first on MedCity News.

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An Ohio Pharmacy Was Fined $250K. It Represents Everything Wrong With the Prescription Drug Industry.

MedCity News

Pharma needs to lead the charge, but employers and pharmacies must also be agents of change. It Represents Everything Wrong With the Prescription Drug Industry. We must realign the financial incentives and democratize access through data sharing. Here’s how we can do it. The post An Ohio Pharmacy Was Fined $250K.

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Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs?

MedCity News

If you thought that Big Pharma and the PBMs were the only bad guys in the saga of unreasonably high prescription drug prices in the United States, you would be wrong. The post Video: Besides, Pharma and PBMs, Who Drives Up Drug Costs? Hear who else is to blame from the CEO of Blue Shield of California.

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The continued shame of pharma

World of DTC Marketing

Nationwide, prescription drug spending last year is estimated to be $328 billion among all payers, including private insurance, Medicare Part D, and patients’ out-of-pocket expenses. Still, the pharma industry is fighting hard to keep it off the table. Nearly 9 in 10 older adults take prescription medication.

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After protests, pharma industry reaches 'landmark' drug spending deal with UK government

Fierce Pharma

s drug pricing policy, the pharma industry has secured a new government spending deal featuring a higher revenue cap and an innovative drug-friendly rebate mechanism. s drug pricing policy, the pharma industry has secured an improved government spending deal. After blasting the U.K.’s After blasting the U.K.’s