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» Products & Services » » Product Launch » Resource Allocation

Competitive Product Launch Activity and Resourcing Levels to Stand Out in Evolving Market Environments

ID: PSM-393


Features:

10 Info Graphics

44 Data Graphics

1540+ Metrics


Pages: 61


Published: 2024


Delivery Format: Shipped


 

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919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • STUDY SNAPSHOT
  • KEY FINDINGS
  • VIEW TOC AND LIST OF EXHIBITS
In today’s dynamic healthcare landscape, intensifying competition, evolving stakeholder dynamics, and the rise of digital and omnichannel strategies have heightened the complexity of resource planning for biopharma product launches. To remain competitive, drug manufacturers must align their investments in light of all these factors, leveraging data-driven insights to drive efficiency, maximize impact, and achieve long-term success.

This updated report from Best Practices, LLC benchmarks investment and resource allocation trends for pharmaceutical product launches across three pre-launch budget years through the launch year. Based on data from 61 pharmaceutical and biotech launches, the research delivers critical insights into resourcing for commercial, medical, and patient access value activities. It also examines evolving investment patterns pre- and post-COVID, offering detailed resourcing benchmarks by market archetype and Peak Year Sales Forecast (PYSF).

This updated version builds on previous research to equip brands with the latest benchmarks and actionable strategies to optimize launch budgets and resource planning, ensuring a competitive edge.

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

Study Snapshot

Best Practices, LLC engaged 58 Commercial leaders from 48 leading pharmaceutical, biotech, and life sciences companies through a benchmarking survey instrument, capturing resourcing efforts from 61 product launches. Benchmark partners worked in such functions as Marketing, Commercial, and Product Franchises.

Key topics covered in this report include:

  • 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
  • Launch resource allocation by market archetype
  • Pre- and post-COVID launch investment trends

Key Findings

Select key insights uncovered from this report are noted below. Detailed findings are available in the full report.

  • Launch Investment Benchmarks by PYSF: Products forecasted to exceed $1 billion in PYSF command 1.6X the total four-year investment of those in the $500M to $1B tier.
  • Distribution of Activity Investment By Year: Resourcing becomes more evenly distributed at launch, while promotional efforts and sales force prep remain a priority at peri-launch.
Table of Contents

Sr. No.
Topic
Slide No.
I.
Research Objectives & Methodology  Pg. 3
II.
Universe of LearningPg. 4
III.
Executive SummaryPg. 6-17
IV.
Launch Investment Benchmarks by PYSFPg. 18-24
V.
Launch ActivitiesPg. 25-39
VI.
The Influence of Market Archetypes on Launch ResourcingPg. 40-60
VII.
About Best Practices, LLC  Pg. 61

    List of Charts & Exhibits

    I. Research Objectives & Methodology

    • Overview of business objectives and research methodology

    II. Universe of Learning

    • Benchmark study partners: New data added to the benchmark class
    • Benchmark study partners: Legacy data represented in the research

    III. Executive Summary

    • One-page summary highlighting the business issue, analysis, and key insights
    • Strategic investment plan development
    • Post-COVID total launch year investment distribution
    • Pre-COVID total launch year investment distribution
    • Building baseline expectations for commercial and medical launch resource plans
    • Key diagnostic questions for outlier investment benchmarks (yearly spend per $1M PYSF)
    • Mitigating risks of underserved critical areas and optimizing launch strategy
    • Proportional activity investment distribution by year
    • Positioning products relative to market potential and competitive intensity
    • Archetype factors shaping best-in-class resource allocation

    IV. Launch Investment Benchmarks by PYSF

    • Total U.S. investment for the product in the three years leading to launch and the launch year – by PYSF
    • Gauging total commercial and medical investment by year
    • Total investment distribution for year – 3 by PYSF
    • Total investment distribution for year – 2 by PYSF
    • Total investment distribution for year – 1 by PYSF
    • Total launch year investment distribution by PYSF

    V. Launch Activities

    • Benchmark archetypes and function-based spend: annual distribution across pre-launch and launch years
    • Post-COVID and pre-COVID commercial activity investments across pre-launch and launch years
    • Post-COVID and pre-COVID medical activity investments across pre-launch and launch years
    • Proportional distribution of activity investment by year
    • Spend distribution by market archetype for pre-launch and launch years for commercial activities
    • Spend distribution by market archetype for pre-launch and launch years for medical activities
    • Guarding against underserving critical areas and optimizing the launch approach
    • Investment allocation distribution by activity category (year – 3, year – 2)
    • Investment allocation distribution by activity category (year – 1, launch year)
    • Year-over-year percent change in launch activity investment
    • Year - 3 investment focus: Top prioritized activity categories and tactical efforts
    • Year - 2 investment focus: Top prioritized activity categories and tactical efforts
    • Year - 1 investment focus: Top prioritized activity categories and tactical efforts

    VI. The Influence of Market Archetypes on Launch Resourcing

    • Product positioning relative to market potential and competition
    • Commercial investment activity allocation distribution by activity category (launch year –3, launch year –2)
    • Commercial investment activity allocation distribution by activity category (launch year –1 and launch year)
    • Medical activity and patient access value activity allocation distribution by activity category (launch year –3, launch year –2)
    • Medical activity and patient access value activity allocation distribution by activity category (launch year –1 and launch year)
    • Best-in-class resource allocation for a differentiated product entering a novel therapy area
    • Total pre-launch and launch year investment for differentiated products entering novel treatment areas (in million USD)
    • Total yearly investment per $1K PYSF for differentiated products in novel markets
    • Total yearly investment for different commercial activities for differentiated products in novel markets
    • Total yearly investment for different medical and patient access value activities for differentiated products in novel markets
    • Best-in-class resource allocation for a differentiated product entering established markets
    • Total pre-launch and launch year investment for differentiated products entering established markets (in million USD)
    • Total yearly investment per $1K PYSF for differentiated products established markets
    • Total yearly investment for different commercial activities for differentiated products in established markets
    • Total yearly investment for different medical and patient access value activities for differentiated products in established markets
    • Best-in-class resource allocation for an upstart product entering a crowded market
    • Total pre-launch and launch year investment for upstart products entering crowded markets (in million USD)
    • Total yearly investment per $1K PYSF for upstart products entering crowded markets
    • Total yearly investment for different commercial activities for upstart products in crowded markets
    • Total yearly investment for different medical and patient access value activities for in crowded markets