According to Cutting Edge Information Study, Brand Teams Rely Upon Medical Affairs for Strategy
2008-08-21 07:18:00
RESEARCH TRIANGLE PARK, NC–(EMWNews – August 21, 2008) – A recently released study by
Cutting Edge Information, “Medical Affairs: Delivering Strategic Value,”
shows that medical affairs departments serve an integral role in setting
brand strategy and message (www.pharmamedicalaffairs.com).
Medical affairs departments provide a vital source of knowledge and insight
into the marketing of brands. Medical affairs teams also prove critical in
directing a commercial team’s understanding of the drug’s capabilities,
disease area, physician audience and patient population. Close
coordination and strong communication with medical affairs teams prevent
irresponsible marketing.
With their knowledge of scientific literature and product dynamics, medical
affairs ensures that marketing messages portray what the science supports.
Furthermore, medical affairs departments maintain close ties with
physicians and opinion leaders to whom they can turn for insight and
direction. Doctors are key customers, and garnering their input provides
critical information about prescribers and potential drug profiles.
“In today’s regulatory environment, every facet of pharmaceutical business
now takes science into strict consideration,” says Elio Evangelista,
research team leader. “Yet, the regulatory pressure is somewhat
counter-intuitive. By limiting medical affairs and marketing communication
to avoid undue influence, the regulatory changes have discouraged marketing
teams from consulting medical affairs for scientific grounding and
insight.”
For pharmaceutical companies, this correct order of influence means medical
affairs’ role is expanding as it leverages unique talents, relationships
and positions to the advantage of the company. Rather than becoming more
sheltered, medical affairs has moved to the center of the fray.
Findings provide benchmarks to help companies improve the efficiency of
their medical affairs efforts. Research covers the following highlights:
-- Surveyed companies' decision-making processes regarding medical affairs structure and internal alignment -- The effect of globalization on companies' medical affairs practices -- Medical affairs departments' sources of funding -- Benchmarks for spending levels for thought leader development, MSL programs, medical publications, medical education, medical information and investigator-initiated trials -- Impact that various regulations have had on companies' operations
Download a complimentary brochure of “Medical Affairs: Delivering
Strategic Value” or purchase the report at:
http://www.cuttingedgeinfo.com/pharmamedicalaffairs/PH112_Download.asp#body.
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions