
The revenue performance of a pharmaceutical drug at launch sets the stage for its commercial future. However, approximately two-thirds of new drugs fall short of first-year sales expectations, according to a study by McKinsey. What will it take to beat these odds?
For starters, a laser focus on what can be controlled—aligning the launch model to stakeholder needs. Yet, today’s commercial environment presents a mismatch in stakeholder needs that muddy the waters and poke holes in an outdated approach. Payers are seeking risk-sharing agreements and real-world outcomes; regulators are looking for evidence of comparative effectiveness; and providers are making themselves less accessible.
Through stories of drug launches, the panelists will bring to light the disconnect between payers, regulators, providers, and patients, and discuss the ways pharma companies can step out beyond traditional boundaries to increase their chances for a successful launch.
Key takeaways: