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new products. For a blockbuster drug with potential annual sales of at
least $500 million ~ $1 billion within 3-4 years following launch, these
companies spent between $100 million and $500 million in marketing
dollars.
* Benchmark partners stressed the importance of managing thought leader
development as an integrated, multi-phased process. Companies seek to
tailor their efforts, activities and relationship investments to match
the value of each thought leader segment and to reflect the roles of
each segment at different points in time.
Product and marketing executives seeking to improve their own drug launch process will find this detailed report invaluable for learning how the best in the world do it. By implementing the basic drug launch formulas of best-in- class organizations, companies can fine-tune their products' positioning with added assurances of success.
Download additional findings in the complimentary report summary at: http://www3.best-in-class.com/rr864.htm or contact our Solution Specialists at (919) 403-0251 or bestpractices@best-in-class.com.
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Best Practices, LLC, conducts work based on the simple yet profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies. Best Practices, LLC has been a leader in pharmaceutical research and consulting for nearly 15 years; our clients include 43 out of the top 50 pharmaceutical companies. Visit us online at www3.best-in-class.com.
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