Case Study : New Product Launch: Positive formulary* success in 100% of the targeted accounts within 8 months
Issue
- New product launch
- Limited market access capabilities in priority CCG/Health Boards
- Short time frame to gain positive formulary positioning
Action
- OUTiCO intelligence used to prioritise key customer targets across 25 priority CCG/Health Boards
- 3 OUTiCO Multi-Channel Account Managers deployed for 288 days over 8 months
- 8 month project focused on a mixed payer group including Medicines Management, Commissioners and Chief Pharmacists
Outcome
- 100% of the 25 CCG/Health Board positively positioning product on formulary
- Relevant database of key customers across all accounts
- 82% coverage of cross functional Payer/HCP target list spanning 30 CCGs
- Over 300 payer contacts during project duration
- Formularies gained generated sales over 263k within first 12 months
*An official list giving details of prescribable medicines
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