SOURCE: InfoMedics, Inc.
|
October 28, 2009 11:21 ET
Pharmaceutical Product Life Cycles Enhanced With InfoMedics' Feedback Programs
Doctor-Patient Communication Improves Treatment Outcomes, Increases Impact of Pharmaceutical Marketing
READING, MA--(Marketwire - October 28, 2009) - InfoMedics, Inc. has implemented
patient feedback programs to improve doctor-patient communication and
enhance the impact of marketing programs for biopharmaceutical brands
through every phase and challenge of the product life cycle: disease state
awareness, early experience, branded launch campaign, growth, mature
product and patient compliance.
InfoMedics'
doctor-patient feedback programs close the loop between patients and
doctors by documenting patients' experiences with prescription drugs and
medical devices by providing real-time data to each patient's prescribing
doctor.
This information lets doctors know when drugs are working well for their
patients and also alerts them to potential issues -- such as a risk of
non-adherence -- that can be used as talking points during the next office
visit. The process also includes an array of patient education tools, and
provides physicians with unique insights about how the drugs they prescribe
are affecting their patients.
"With decreasing budgets and increasing regulatory and public scrutiny,
pharmaceutical companies need to be more strategic than ever in marketing
their brands," said Gene Guselli, president and CEO of InfoMedics. "Over
the last 14 years, our patient feedback solutions have consistently proven
that they can be applied to tackle a challenge at any point in a product's
life cycle and result in positive improvements in the communication between
patients and their doctors as well as benefits to the pharmaceutical
brand."
The following table includes examples of how patient feedback is applied at
each stage of the product life cycle; to receive the case studies on which
these examples are based, please visit
http://www.infomedics.com/CaseStudies/.
Application
of patient Example
Goal Strategy feedback program Impact
------------ ------------ ------------ ------------ ------------
Disease Raise Prepare for Give Oral 77.9% more
state awareness real world patients medication NRx among
awareness of current treatment opportunity for participat-
disease paradigms to migraines ing
management and unmet communicate physicians
challenges needs with
physician
about
condition/
disease
state
------------ ------------ ------------ ------------ ------------
Early Raise Provide Support Oral 28% increase
exper- awareness patient patient with medication in NRx
ience about the feedback for education; for
brand's every deliver Parkinson's
effective- prescription branded disease
ness feedback
to MDs
Strengthen
product
positioning
------------ ------------ ------------ ------------ ------------
Branded Generate Integrate Support Oral 426% more
launch trial and messaging, patient with medication NRx among
campaign adoption education education; for ADHD participat-
and sales deliver ing physic-
Develop detail with branded ians vs.
brand patient feedback non-partici-
loyalty feedback to MDs pating
------------ ------------ ------------ ------------ ------------
Brand Sustain MD Create a Leverage MD Eye drop for 73.2% more
Growth loyalty tipping feedback chronic eye NRx among
point by loop into condition participat-
Increase giving consumers ing
CRM data MDs and CRM physicians
actionable program
data about
patients
------------ ------------ ------------ ------------ ------------
Mature Motivate Position Let patient Oral 91% of
Brand patients to brand as feedback contracep- patients
stay loyal leader in reinforce tive intended to
to brand patient unique, continue
prior to satisfaction positive with
patent brand brand
expiration Support messages
patients'
Fend off new upgrade from
competitors existing
formulation
to new
formulation
------------ ------------ ------------ ------------ ------------
Patient Prevent Tailor Identify Oral 17% increase
Adherence medication patient and manage Medication in patient
drop off and support to barriers to for high persistency
improve increase adherence cholesterol
outcomes patient
adherence
------------ ------------ ------------ ------------ ------------
These scalable patient-doctor feedback solutions deliver reproducible
results which are both impactful and measurable. Typical results include:
-- Positive impact on NRx -
-- average 62% lift across all programs
-- average 16% lift in NRx for late stage product
-- average 163% lift for launch product
-- Increased patient adherence: 17-26% increase in refills
-- Increased brand loyalty: 90% retention of lift over 12 months
-- ROI: average 4:1 across all programs
About InfoMedics, Inc.
InfoMedics, Inc. works with biopharmaceutical marketers to facilitate
communication between patients and their doctors by inviting patients to
provide feedback about their prescribed treatments directly to the doctor.
The goal is to help doctors make more informed choices and enhance the
patient care experience.
InfoMedics works with the world's top pharmaceutical companies, to address
challenges that arise during the product life cycle. These programs
increase brand awareness and loyalty among prescribing doctors and improves
adherence among prescribed patients.