Industry Monitoring, Research, & Analysis Used as a Vital Decision Resource
| Industry | Pharmaceutical Manufacturer |
| Problem | Manufacturers often have trouble staying abreast of the current issues, innovations, and promising upstart companies in the rapidly changing pharmacy market. Manufacturers need to stay ahead of their competitors and these current events may present opportunities that a manufacturer may wish to support to improve their sales. |
| PHSI Solution | PHSI continually monitors the pharmacy industry for the latest news and developments and keeps manufacturers aware of the current market dynamics. PHSI has written several white papers customized to fulfill individual client needs. Recent white papers include: Manufacturer discount cards; Electronic prescribing; Pharmacist/physician collaborative agreements; Financial health of industry trade partners; Physician Dispensing; and Mail order pharmacy. |
| Results | Many manufacturer clients rely on PHSI to inform them of relevant issues that may impact their business. Recently, a manufacturer used the white paper on discount card programs as part of a review of their corporate policy. PHSI market insight is often used as input for corporate strategy decisions. |
Poll Results
August 2023 Question of the Month
What steps do you take when learning about an electronic prescribing challenge?
Root cause analysis: 0%
Compendia review: 0%
Engage a partner: 0%
All of the above: 50%
None of the above: 50%
July 2023 Question of the Month
Does your organization have a strategy for Humira biosimilar launches?
Yes, well defined: 0%
We have a framework: 50%
Waiting for clarity: 0%
No: 0%
Unaware of need: 50%
June 2023 Question of the Month
How far in advance of NDA/BLA expected approval do (or should) manufacturers begin planning their compendia submission strategy?
During Phase II Trials: 0%
Initiation of Phase III Trials: 66%
6 months prior to approval: 33%
3 months prior to approval: 0%
At time of approval: 0%
After approval: 0%
No strategy: 0%
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