Remove rare-disease-sales-compensation
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Three Sales Compensation Pitfalls to Avoid for a Rare Disease Product Launch

The Marketing Advantage

May 9, 2023 Since the Orphan Drug Act was passed in 1983, the number of products being researched and approved for rare and orphan diseases has increased dramatically, offering hope and life-saving treatments for the millions of patients affected by these often under-served conditions.

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How to Set Territory-Level Goals for Rare Disease Products

The Marketing Advantage

February 26, 2024 The rare disease and orphan drug space remains one of the most difficult markets in which to set accurate and equitable territory-level goals. Territory-Level Goal Setting for Rare Disease Products Too often, common methodologies used to set goals for rare disease products are ineffective.

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470% price increases

World of DTC Marketing

Humira, a drug used to treat rheumatoid arthritis and other autoimmune diseases, is the highest grossing drug in the world. Hundreds of Millions in Executive Compensation and Bonuses: Since separating from Abbott in 2013, AbbVie has paid its highest-ranking executives over $480 million in compensation. net revenue for Humira.

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7 commercial, sales, and marketing predictions for 2023

pharmaphorum

Rarely are organisations able to view HCP relationships holistically – across clinical, medical, and sales – or reap the benefits of creating a unified understanding of the customer. Incentive compensation models will reward the right omnichannel behaviours. A unified view of the HCP will emerge from clinical to commercial.

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How to Adjust Your Sales Compensation Plan for the Omicron Variant

The Marketing Advantage

The severity and impact of the Omicron variant is still being assessed, forcing biopharma companies to grapple with immense uncertainty during one of the most important planning periods of the year, including 2022 sales incentive compensation planning. TERRITORY-LEVEL CONTINGENCY PLAN. 100%/80%) in order to make the territory whole.

Sales 52
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BREAKING NEWS: Moderna sues Pfizer and BioNTech over mRNA COVID-19 vaccines

European Pharmaceutical Review

Moderna claims that, when COVID-19 emerged, neither company had the same level of experience with “developing mRNA vaccines for infectious diseases” as Moderna, adding: “they knowingly followed Moderna’s lead in developing their own vaccine.”. ” But why sue now?

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Extend Your Product Life Cycles & Increase Profitability By 10X

PharmaKinnex

The pharmaceutical industry needs to be shifting its sales and marketing tactics to fit into this new, blended environment…this includes developing a new sales compensation model for the future…] ². According to recent estimates, as many as 30% of pharmaceutical sales were conducted virtually in 2020².

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