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Creating and capturing value beyond the pill: why it's a necessity, how to do it right and key success factors
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How to Create and CaptureValue Beyond the Pill
“Big Pharma has to move beyond just ‘selling the pill‘ ”Joseph Jimenez, Novartis CEO
Beyond-the-pill is a logical and inevitable path forward for all
PAYERS
Rising costs of chronic disease management – focus on outcome vs cost
UNMET NEEDS
Opportunities for improved care
NEW TECHNOLOGIES
New service possibilities
PHARMAS
Increasingly difficult to differentiate through pills alone
PATIENTS
Demanding more support on managing chronic conditions
Creating value by embedding products into a holistic
offering with the aim to improve patient outcomes and
provide tangible competitive advantages
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Leading pharma companies have started to experiment with services beyond-the-pill
Innovative solutions that facilitate shared decision making between patients and physicians
„Proteus ingestible sensor for tracking medication intake receives FDA clearance“
Integrated care model for schizophrenia patients in
Germany
In-house Care Mgt. Subsidiaries:
Partnerships & Alliances: Healthcare Stakeholder Collaborations:
Patient Support Programs:
&
For example:
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Done right, significant impacts can be achieved with services beyond the pill
Better Health OutcomesIn outpatient settings, patient assistance program enrolment plus additional medication services (e.g., counseling, reminders) is associated with improved disease indicators for patients.
(Tisha Moniek Felder, Jan. 2010, http://digitalcommons.library.tmc.edu/dissertations/AAI3398971)
Easier Access to TherapyEspecially for newly launched products with delays in coverage decisions by PBMs, health plans and government payers.
(Suzanne Shelley, Pharmaceutical Commerce, February 26, 2013)
Increased Brand LoyaltyThrough the “Lipitor For You” program Pfizer maintained three times the normal market share for Lipitor after the first generic hit.
(http://beyondthepill.medivo.com/2012/08/coupons-and-co-pays-how-a-few-brands-are-battling-generics/)
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Adding standard off-the-shelf services to a product is the fast & easy tactical approach
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Patient website...
An app... A reminder...
A brochure ...
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But these services are often disconnected and fail to truly address stakeholder needs
Awareness
DiagnosisMonitoring
Fear & anxietyPoor physician-patient communication
Diagnostics not part of all check-ups or
not reimbursed
Can a simple brochure deal with emotional & inter-personal challenges?
Can a simple brochure deal with emotional & inter-personal challenges?
Early symptoms not recognized
Is an awareness campaign sufficient?
Is an awareness campaign sufficient?
Therapy
Challenges along a patient‘s journey
Complex medication for
co-morbid patients
Side effects and drug-drug interactions
Is a simple product information enough? Is a simple product
information enough?
Can a reminder address intentional non-adherence?
Can a reminder address intentional non-adherence?
Intentional & non-intentional non-
adherence
Social withdrawal, avoidance, isolation
What about the patient‘s overall well-being?
What about the patient‘s overall well-being?
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Our beyond-the-pill excellence method ensures a strategic approach
Diagnose Define Design Implement
Nature of disease: e.g. no symptoms / difficult diagnosis etc.?
Stakeholders: Needs along the patient journey?
Competition: Minimum services required to match offerings?
Brand: Specific requirement e.g. injection or first dose monitoring?
Goal of the overall service strategy?
Fit with product portfolio?
Key components (breadth & depth of offerings) of service strategy?
How success is to be measured?
Priority steps & needs to be addressed with services?
How to co-create services with customers to ensure relevance and acceptance?
How to include internal cross-functional knowledge and input?
Priority steps & needs to be addressed with services?
How to co-create services with customers to ensure relevance and acceptance?
How to include internal cross-functional knowledge and input?
What factors drive the service model?
Which service strategy?
What services to offer?
How to implement the services?
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Diagnose: Full understanding of disease, competition and stakeholder landscape service implications
Example of Structured Analyis:
Competition Baseline to match services currently offered by competitors? Areas of differentiation?
Disease & Brand Nature of the disease & implication on service? Product fit with the current disease and therapy settings? Any product features presenting a need or an opportunity for service offerings (eg. injection, first dose monitoring)?
Stakeholders Physical, emotional & financial journey of patient – unmet needs & decision points?
Diagnostic
To understand the implications of the disease, brand, competition and stakeholder needs for the service model strategy.
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Define: A strategy and service model that best fits you
Limited OfferingGeneric services targeting one or few steps in the patient pathway
(e.g. benefits investigation)
Lev
el o
f C
ust
om
izat
ion
Low
High
Breadth of OfferingFew Many
Focused OfferingHighly customized services targeting
one or few steps in the patient pathway (e.g. emergency on-site diagnosis for acute indications)
Broad OfferingBundle of generic services targeting most steps of the patient pathway
(e.g. blockbuster offering for primary care indication)
Relationship OfferingComplete solutions that are highly customized and cover the entire patient pathway (e.g. complex chronic specialty indications)
Executive Insight Service Models:
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Design: Services that are truly relevant with ownership and commitment from your customers
Collaborate with stakeholders
along patient journey to fully understand needs and opportunities
Executive Insight‘s inclusive and collaborative Deep Dive Methodology
Co-create innovative solutions with you
by harnessing collective imaginative power
Process OptimizationDiagnosis Education/Training
Adherence / ComplianceLifestyle/Peer-to-Peer
MonitoringTreatment DecisionAwareness
Access
Tpyes of services created e.g.:
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Winning Beyond-the-Pill Service Strategy
Implement: Driven towards meeting key success factors
Take a needs-based approach
Patient/stakeholder’s (not the brand) perspective to address
needs along the patient journey
Consider ALL stakeholder groups
Other key players beyond HCP & patients e.g. care-
givers, pharmacists
Co-develop solutions with customers
Higher relevance and adoption of service solutions
Clarify ownership & resourcing
Allocation of funding and resources pre-launch as well as early affiliate involvement
Start early
Sufficient lead time for piloting & implementation with roadmap of comprehensive service solution well before launch
Leverage external partners
Multiple areas of expertise and multi-country execution
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Our experience is already helping to shape beyond-the-pill thinking in the market
Thought-leading publications: Founders of the beyond-the-pill group on LinkedIn:
http://www.executiveinsight.ch/publications http://www.linkedin.com/groups?gid=4383768&trk=myg_ugrp_ovr
Track record:
Beyond-the-pill projects with leading global pharma companies
Call us to discuss how you can also develop & implement a winning beyond-the-pill strategy
Company address
Contacts
Meike WenzelMobile: +41 79 322 12 [email protected]
Executive Insight AGMetallstrasse 9CH-6304 Zug
Tel. +41 (0)41 710 71 [email protected]
Marc PesseMobile: +41 78 639 52 [email protected]
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