Consumer Activists Demand Mandatory Medication Innovation
September 1st 2002Patient advocates recently surprised pharmacists and manufacturers by convincing an FDA advisory panel to recommend increased government scrutiny of its voluntary patient information policy. FDA's Drug Safety and Risk Management Advisory Committee met in July to review the status of a private sector initiative for distributing medication information to patients obtaining prescriptions in pharmacies.
Lilly Marketers Cross the Line
September 1st 2002In a new twist on "direct mail campaigns," marketers at Eli Lilly have taken DTC to an unprecedented level. The company is currently under investigation by the Florida attorney general for allegedly mailing Prozac Weekly (fluoxetine) to a woman who did not have, or request, a prescription for the product.
Industry Audit & Companies of the Year
September 1st 2002The Enron/Arthur Andersen debacle has been a painful warning that there is more to analyzing corporate performance than the smoke and mirrors that often pass for accounting and financial scrutiny. Indicators such as brand value, new product revenue, presence and percentage of business conducted in the US market, and sales growth provide more reliable criteria for companies' short and long-term prospects.
CRM The "Ecosystem" Difference
August 1st 2002Successful pharmaceutical sales and marketing organizations operate much like healthy ecosystems: each interdependent group fills a critical need for the company's growth and survival. (See "Sales and Marketing Ecosystem," ) Yet many pharma com-panies can barely sustain past growth performance, let alone attain a higher level. If the trend continues unchecked, several pharma companies could falter.