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Patient Level Data: Harvesting the Information
This is the final installment of
a three-part series examining patient level data as
a valuable market research and brand management tool.
Your May e-Tip! notes how patient level data can be
used to address strategic marketing challenges.
Discerning whether a prescription
was new or just a refill was a complex task before secondary
patient level data (PLD) became a reliable resource.
Shortcomings in prescription tallies and sales records
forced marketers to support this information with primary
research to gauge their drugs' performance in the market.
Now, thanks to the availability of
secondary PLD linked to a physician, users can affordably
learn more about the market and their products' performance.
The HIPAA* compliant data reveal how a physician's patient
base looks, their prescription history and treatment
compliance. Since it covers the continuum of care over
time, the data can also be harvested for a host of strategic
applications.
Current Applications
Marketers wanting to reposition their brand from a second
line agent to a physician's first choice can use PLD
to track the effectiveness of their promotional campaign.
The data would expose how usage changed and whether
it's different by specialty. PLD can also pinpoint how
a drug is used in relation to similar therapies. For
instance, firms can track whether a brand is prescribed
as a standalone treatment, adjunctive therapy or switch,
and modify their marketing plans accordingly.
Secondary patient level data can be
applied in many other ways:
- Enable the creation, profiling and measurement of
market segments for positioning and message strategy
- Capitalize on market shifts when a competitor's
product is recalled or receives negative press
- Analyze patient histories to justify a drug's price
based on its impact on reduced hospitalizations
- Establish which therapies lead to the most favorable
outcomes, qualifying for formulary recommendation
Future Applications
As users become more comfortable with PLD, they'll gain
greater confidence in projecting the data to the overall
universe. The growing sophistication of projection formulas
and market-proven success will lead to additional applications
such as territory management and sales force compensation.
This additional perspective will also enable marketers
to jumpstart newly launched drugs by customizing messages
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