PharmExec Blog

Forget Digital Differentiation: Focus on Cross-Channel 'Fusion'

Forget digital differentiation and innovation. You need to be focusing on cross-channel ‘fusion’, writes Peter Houston.

Like you, I get invites to attend educational webinars on an almost daily basis; I probably actually attend one every couple of weeks.

Most invites get passed over because it’s not my field, I’ve heard it all before or I don’t have the time to attend. One caught my eye recently though, mainly because a phrase in the title chimed with a lot of the work I am doing in the magazine market: “Cross-channel”. Read More »

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Posted in E-Media, Guest Blog, Technology, social media | Tagged , , , | 2 Comments

Safety Trumps Access to Pain Meds for FDA

By Jill Wechsler, Washington Correspondent.

The Food and Drug Administration has come down on the side of reducing abuse of opoid medications, over encouraging wider availability of low-cost painkiller meds. The agency decided to block generic versions of the original OxyContin formulation, which is fairly easy to manipulate by illegal users. The aim is to help halt the epidemic of prescription drug abuse raging across the country. FDA’s decision leaves the market open to Purdue Pharma’s newer version of the drug, which the agency determined has features that make it more difficult to abuse via injection or snorting. Read More »

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Posted in Guest Blog, Op-Ed, Regulatory, Safety, healthcare | Tagged , , , | Leave a comment

Budget Cutters Propose Big Hits on Pharma

By Jill Wechsler, Washington Correspondent.

The Obama administration’s budget plan for fiscal year 2014 apparently assumes that the pharmaceutical industry can support Medicare and other health programs through changes in drug coverage and payments. It also relies on industry fees to keep the Food and Drug Administration up and running. Meanwhile, FDA and other public health agencies are contending with the sequestration mandate, which is taking another bite out of government programs and payment policies. Read More »

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Ad Agency Encourages Pharma Marketers to Reboot

People tell you who they are, but we ignore it – because we want them to be who we want them to be. – Don Draper

At the beginning of the Reboot Camp – held at New York City’s Alexandria Center on April 12 – Intouch Solutions’ CEO Faruk Capan declared the days of Don Draper effectively over. The route to patients’ hearts and minds isn’t Old Fashioned cocktails and intuition; it’s solutions based on patient, provider and payer needs, and making disparate data streams pool around brand objectives.

Read More »

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Posted in Advertising, Agency Insight, Emerging Markets, FDA, Marketing, Patient Communication, People, Regulatory, Sales, Strategy, Technology, healthcare, leadership, patient education, social media | Tagged , , , , , , , , , , , , | 1 Comment

Drug Pipelines in Canada: Is There a Buyer for Future Innovation?

Last week, Canada’s National Prescription Drug Utilization Information System (NPDUIS), a federal-provincial fact-finding panel that works closely with the Patented Medicines Prices Review Board (PMPRB), issued its fourth New Drug Pipeline Monitor (NDPM) looking at drugs currently under development that may have an impact on future drug expenditures. The report is another example of how payers have become increasingly interested in tracking their exposure to reimbursements for new medicines, especially in an era of budgetary retrenchment. Specific to Canada, the report also illustrates tensions between federal and provincial approaches to managing the burden of health care expenditure, which in some provinces are consuming upwards of 40% of the public budget. Read More »

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Posted in Global, IP, Market Access, Orphan Drugs, R&D, Regulatory, healthcare, pricing | Tagged , , , , , | Leave a comment