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» Products & Services » » Product Launch » Resource Allocation

Competitive Product Launch Resourcing: Activity and Investment Benchmarks

ID: 5839


Features:

4 Info Graphics

28 Data Graphics

940+ Metrics


Pages/Slides: 38


Published: 2024


Delivery Format: Online PDF Document


 

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  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • SPECIAL OFFER
Non-members: Click here to review a complimentary excerpt from “Competitive Product Launch Resourcing: Activity and Investment Benchmarks”

STUDY OVERVIEW

In the highly competitive and rapidly evolving pharmaceutical market, successful product launches depend heavily on precise investment planning and activity prioritization. To maximize outcomes, pharmaceutical and biotech organizations must strategically allocate resources across commercial, medical, and patient access activities, based on Peak Year Sales Forecasts (PYSF).

Best Practices, LLC undertook this research to deliver comprehensive insights on activity-specific investments during pre-launch and launch years. Based on extensive data from 61 product launches, the study highlights evolving resourcing trends pre- and post-COVID, offering a data-driven guide to help organizations optimize their launch strategies. With detailed benchmarks aligned to sales forecasts, this study equips industry leaders to make informed, impact-driven decisions.

KEY TOPICS

  • Industry investments for pharma product launches (pre-launch years to launch year)
  • Launch resource allocation based on PYSF
  • Launch investment distribution across commercial, medical, and patient access activities
  • Pre- and post-COVID launch investment trends

KEY METRICS

  • Total U.S. investment trends for the three pre-launch years and the launch year – by PYSF
  • Gauging the product’s total commercial and medical investment by year
  • Investment breakdown for years – 3, – 2, – 1, and the launch year – by PYSF
  • Annual distribution of benchmark archetypes and function-based spend across pre-launch and launch years
  • Comparison of post-COVID and pre-COVID commercial and medical activity investments across pre-launch and launch years
  • Proportional activity investment distribution by year
  • Breakdown of spend distribution by market archetype for commercial and medical activities in pre-launch and launch years
  • Mitigating risks of underserved critical areas and improving launch strategy
  • Allocation of investment by activity category for years – 3, – 2, and – 1, and the launch year
  • Year-over-year launch activity investment changes
  • Investment focus for years – 3, – 2, and – 1: Top-prioritized categories and tactical efforts

SAMPLE KEY FINDINGS

  • Distribution of Activity Investment By Year: Post-COVID commercial activity investments focus much more on DTC expenses and sales force prep with a muted emphasis on early market research.

METHODOLOGY

Best Practices, LLC engaged 5
8 Commercial leaders from 48 top pharmaceutical, biotech, and life sciences companies through a benchmarking survey instrument, analyzing resourcing strategies across 61 product launches. Benchmark partners represented key functions, including Marketing, Commercial, and Product Franchises, providing valuable insights into industry best practices.

Industries Profiled:
Health Care; Pharmaceutical; Diagnostic; Biotech; Medical Device; Manufacturing; Consumer Products; Chemical; Biopharmaceutical


Companies Profiled:
Abbott; AbbVie; Agenus; Amgen; Astellas; Baxter International; Bayer; Biogen; Boehringer Ingelheim; CSL Behring; Cutanea Life Sciences; Dicerna Pharmaceuticals; Eli Lilly and Company; EMD Serono; Ferozsons Laboratories Limited; Ferring Pharmaceuticals; Genentech; GlaxoSmithKline ; Gossamer Bio; Grünenthal; Inspire Pharmaceuticals; Ipsen; Janssen; Kyowa Kirin; Kedrion Biopharma; Lupin; Lundbeck; Nektar Therapeutics; Novartis; Noven Pharmaceuticals; Novo Nordisk; OncoCyte; OTSUKA; Pharmacyclics; Regeneron; Roche; Santhera Pharmaceuticals; Scilex Pharmaceuticals; Inc.; Sebela; Servier; Shire; Sunovion; Synthon; Takeda Pharmaceuticals; Tesaro; Teva Pharmaceuticals; Theravance; Zydus Cadila

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.