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Combo Therapies Draw Pharma's Attention
The recent surge in the developmentof new combination therapies mayprove lucrative for the pharmaceuticalindustry, especially as a strategy to offsetdeclines in the market share of particularproducts. The finding stems fromthe report "Defending Brand Revenue:Pharmaceutical Lifecycle ManagementPlanning." The report includes an examinationof 24 leading pharmaceuticallife-cycle management (LCM) organizations,case studies outlining LCM cases,LCM tactical costs and effectiveness,and strategies for brand managers to useto increase profits.
The data collected showed that globalinvestments for new combinationdrugs average $65 million. The companiesincluded in the study, however,indicated that these costs can rangefrom $40 million to $120 million. Thefinancial windfall and commercial benefitsare not the only advantages withcombination therapies. New combinationproducts can provide patients withadditional efficacy benefits, and physiciansoften prefer combination treatmentswhen appropriate because theyhelp alleviate patient compliance issues.
Articles in this issue
about 20 years ago
CAN YOU READ THESE Rxs?about 20 years ago
Bar Coding Thwarts Illegitimate Drug Useabout 20 years ago
Hypertension Counseling Requires a Multifactorial Approachabout 20 years ago
COMPOUNDING HOTLINEabout 20 years ago
Pharmacy Law: Duty to Warn Waived When Patient Refuses Counselingabout 20 years ago
EnterpriseRx Pharmacy Management Systemabout 20 years ago
Hospital Installs Automated Medication Cabinetsabout 20 years ago
"Smartphones" Help with Clinical Trial Informationabout 20 years ago
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