Under what circumstances do customers engage ISA?
There are several difficult questions that arise throughout the
Life Sciences Product Life Cycle. ISA is usually brought in to address
the commercial development questions specifically attributed to
a particular product, franchise, or portfolio (usually from Clinical
Trial Phase II onward). These include:
A. Development Stage (Pre-Launch) - Clinical Trials Phases
Example Questions:
- What possible commercial scenarios will our Clinical
Trial Phase II product encounter and how should we be preparing
for those outcomes?
- What indications are the most commercially viable?
- What product development and labeling options are
most and least plausible?
- What therapeutic areas provide the best opportunity
for success?
- What should our Market Entry Strategy be?
- How do we prepare the market for our product?
- Learn more.
Read a case study.
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B. Launch Stage
Example Questions:
- What are the infrastructure requirements to win?
- What are the customer segments best-suited for this
product and what market development strategies and investments
are necessary to address these segments?
- What price-value propositions (WAC, payer contract
pricing, value-adds) will the market accept and what are the Key
Success Factors for executing those options?
- How will customer-stakeholders react to this products
value proposition and what can we do to positively influence their
reaction?
- How can we prepare ourselves for likely competitive
responses?
- Learn more.
Read a case study.
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C. Growth Stage
Example Questions:
- What strategic partnerships might accelerate product
growth?
- What additional indications/formulations/ clinical
data should be pursued to maximize revenue during the product-life
cycle?
- What is the impact of new market entrants?
- What steps must be taken now to mitigate slowed
growth?
- What is the optimal co-pay status? What does Tier
II buy us?
- Learn more. Read
a case study.
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D. Maturity Stage
Example Questions:
- What customer segments are able to slow erosion
and under what circumstances would they be willing to act on your
behalf?
- How will generic competition (and other competitive
activity) impact sales in late life cycle?
- Does a buyer exist for this asset?
- Learn
more. Read a case study.
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E. Harvest Stage
Example Questions:
- How can profit be maximized among non-promoted assets?
- What tactics can be deployed to slow generic erosion?
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