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Market Research Report

Cymbalta Case Study: Successfully Entering a Crowded Market with a New Mechanism of Action

Published by Best Practices, LLC Contact us : +1-860-674-8796
Published 2008/12 Content info 53 Pages
Product code BEPR79004
Price From  US $ 4495 Order/Price list
US $ 4495 PDF by E-mail (Single User License) + Hard Copy
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Description TOC

Table of Contents

EXECUTIVE SUMMARY

  • Cymbalta Market Entry
  • Cymbalta Market Entry Insights are Broad-Reaching
  • Cymbalta Using Third Party Expertise Well

BUSINESS CHALLENGES

  • Antidepressant Market Saturated with Established Brands
  • Cymbalta Faced Short Post-Launch Patent Life

MARKET ENTRY-STRATEGY

  • Non-Intuitive Methods of Action Challenge Common Wisdom
  • Strategy and Tactics Require Sound Execution
  • Product Efficacy & Safety are Essential to Compete
  • Differentiation on a New Benefit was Key to Winning Market
  • Science is the Lever to Move Physicians to New Insights
  • Public Relations can Create Buzz for New Treatment Paradigms
  • Educate Patient to Drive Interest in New Treatment Paradigms
  • Introduce New Medical Ideas through Third-Party Experts
  • Build Positive Coverage by Providing Media Access to KOLs

TACTICS TO DRIVE SUCCESS

  • No Silver Bullets: Cymbalta Deployed Multiple Launch Tactics
  • Use Complete Toolkit to Glean Market Insight
  • Early LCM Planning Supports Strategy & Execution Excellence
  • Craft a Durable Brand Promise for Long-Term Success
  • Extend Brand Promise across Multiple Specialities
  • Lead with KOLs Receptive to Counter-Intuitive Message
  • Deploy MedEd through Multiple Channels to Prepare Market
  • Target Multiple Specialists & GPs to Extend New Paradigm
  • Inform Consumers through Educational Messages, PR & Personal Stories
  • Carefully Craft Entry Points into a Crowded Market
  • Use Additional Indications to Enhance Drug Profile
  • Ally with Advocacy groups to Raise Disease Awareness
  • Anchor DTC to Interactive Website to Deliver Deeper Message
  • Reinforce Educational Message through Web Tools
  • Build Brand Momentum through Targeted Marketing
  • Use Contract Sales Force to Extend Reach
  • Gain Therapeutic Area Expertise through Co-Promotion Pacts
  • Use Innovative Risk-Sharing Strategy with Co-Promote Partners
  • Accelerate Post-Launch Growth through Savvy Managed Care

RESULTS

  • Cymbalta Achieved Rapid Growth Despite Competition
  • Marrying Clinical & Commercial Differentiation Drive Success

LESSONS LEARNED

APPENDIX

  • Cymbalta (Duloxetine) Profile
  • Cymbalta among Top DTC Spenders
  • Develop Management Structure for Partnerships
  • Use Contracting Strategies to Discourage Counter-Detailing

ABOUT BEST PRACTICES, LLC

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