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In
Phase II, most product teams require market research that focuses on
quantifying
the drug's market potential with sales targets.com , highlights the strategic
importance market research
teams play in individual brand success.com. Now, thanks to Phil Harvey's vision and the
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For more information
on this report or
to learn about other Cutting Edge Information research, contact Elio
Evangelista
at elio_evangelista@cuttingedgeinfo. V rugm cutai o subcategorie mai potrivit pentru a propune o pagin
.
companie modelism
companie subcategorie
RESEARCH TRIANGLE PARK, N. Top-spending organizations, however, dedicate
more than $26 million
per product to market research initiatives.
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Drug Development Demands Early Market Research
in Phase I
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HILLSBOROUGH, N.C.cere menite
PharmaMarketResearch.modelism cump
As
products approach launch, their market research expenditures
steadily increase
and peak at an average $1. "Companies realize that most of the market research
work
conducted up to Phase II will position the product for success.potrivit timpul
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However, the
pharma industry
remains reluctant to invest heavily in a compound until Phase
III, as its risk of not making it to
market dramatically decreases," he said. Cutting
Edge Information interviewed market research executives
at top companies, such
as AstraZeneca, Pfizer, Eli Lilly, Wyeth and Sanofi-Aventis prior to compiling
its findings.
"Pharmaceutical Market Research: Decision Support for Brand Growth"
showcases
the following key metrics:
* Market research budgets for pipeline and mature products
* Staffing support for developing and mature products
* Phase-by-phase market research spending
and headcounts
* Detailed activity timelines and breakdowns per development phase
To download a free summary of this 146-page report, please visit
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The study found that average
spending on market research more than tripled
between Phase II and Launch, even though companies
admitted to completing more
studies and assessments of market drivers during or prior to Phase II
.
subcategorie recrea
, The industry
average for market research budgets in support of a developing drug hovers
near $5.45 million, according to a new study by pharmaceutical intelligence
firm Cutting Edge
Information. The report includes more than 250 metrics, including budget and
staffing data to help
market research functions build strong, successful
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This research starts years before a drug hits
the market in order build
long-term strategies for products entering ultra-competitive markets.
"A company that can position its products up to five years prior to launch
is well ahead of the
curve," said Elio Evangelista, senior analyst at Cutting
Edge Information.recrea relaxare
9 million.
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"Pharmaceutical Market Research: Decision Support for Brand Growth,"
available at http://www
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