Effectively Navigate the Rapidly Evolving Pharmacy Market
Effectively Navigate the Rapidly Evolving Pharmacy Market
The pharmaceutical industry is a lot of things, but “stagnant” isn’t one of them. In fact, what we often hear from biopharma customers is that the market evolves so quickly at times that it can be hard for their teams to keep up.
In recent years, the dispensing market, which now includes retail, specialty, hospital/IDN, infusion, digital, and HCP in-office dispensing pharmacies, has seen a rapid evolution in how care is delivered.
Manufacturers, either bringing new products to market, or optimizing existing product strategies, need as much insight as possible to best select the pharmacy networks that exceed the expectations of all stakeholders, especially patients, prescribers, and payers. That’s where a good industry consultant can help.
As a pharmaceutical consulting company, Archbow helps biopharma manufacturers develop dispensing strategies that navigate the rapidly evolving specialty pharmacy market. Our 360-degree approach includes a customized mix of strategic and tactical actions, such as:
Pharmacy network design
Biopharma market landscape assessments, including industry trends, competitive intelligence, analog research, real-world benchmarking, and market research
Operations and technology assessments for pharmacy programs
Pharmaceutical Fair Market Value assessments
Cost modeling for pharmacy programs
Biosimilar strategies
Specialty Pharmacy RFP management and vendor selection
Contract review and negotiation
Program implementation
Data definitions, analysis, and insights
Pharmacy program performance monitoring and analysis
Manufacturers need to approach pharmacy strategic planning in a way that is customized for their unique product and patient/prescriber populations. That’s where the right advisors, with unparalleled strategic and tactical experience, can make a genuine difference.
Learn more about our pharmacy team and the differentiators that matter most to manufacturers, and contact us today for assistance with your strategic and tactical pharmacy needs.
You can also learn more about Best Practices for Improving SP Program Performance and read our Health System Specialty Pharmacy Trend Report.
See our work in action with these real-world case studies:
Keep reading with these related blog posts:
Control vs. Access: Why Clinical Characteristics Should Guide Specialty Pharmacy Strategy
9 Considerations When Designing Your Specialty Pharmacy Network
Archbow Consulting helps pharmaceutical and biotech companies in the USA and Europe reach their commercial goals with strategic and tactical approaches to distribution, pharmacy, and patient access. Archbow was founded by industry veterans to meet a need in the marketplace for consulting options that offer diverse real-world experience, are able to leverage deep connections across the industry, and can also provide actionable strategic guidance. We invite you to learn more about our team, services, and clients’ success, and connect with us via email, LinkedIn, Twitter or subscribing to this blog which you can do below.