Successful Product Launches with the Right Thought Leaders

June 30, 2010 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

When a biopharmaceutical company introduces a new medicine to the market, it comes after years of research, years of clinical development, and some times even years of regulatory review. With the patent ticking away from the early days of discovery, recovering the cost of such an investment in time and money requires a rapid and successful product launch. Achieving rapid success requires careful planning and a tremendous amount of valuable advice. This sage advice usually comes from respected thought leaders with years of experience in their respective therapeutic areas of expertise.

>From the early discovery phase, key opinion leaders help guide a company’s basic research to ensure unmet medical needs are met in a meaningful and cost-effective way. After moving beyond the proof-of-concept stage and into clinical development, other thought leaders play a critical role in assisting with the design of clinical trials that will be implemented through a network of investigators. Throughout the clinical development phases, thought leaders help guide a company with the most important messages other physicians will hear about the strengths and weaknesses of such a new medicine. And finally, as this new product enters the marketplace and is prescribed by the medical community, thought leaders play an important role ... read more »

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The Illuminating Value of a Key Opinion Leader Research Assessment: Validation versus Identification

June 29, 2010 · Leave a comment

During a recent client feedback survey interview, a pharmaceutical company executive defined Thought Leader Select’s value in this manner:  “We always think we know our physician key opinion leaders in a given therapeutic area.  Your company provides immense value not only in validating our KOLs with thorough, objective information on their skills and experiences, but also in pointing out to us that there are other experts out there whom we should be engaging in the development of new medicines.”

A case in point is Thought Leader Select’s recent analysis of a pool of global key opinion leaders in the therapeutic area of infectious diseases for a large, multi-national pharmaceutical company. For the study, the company supplied the names of 32 medical experts they had engaged in Europe and North America and asked Thought Leader Select to profile and compare the skills and experiences of these physicians with those of 23 new thought leaders identified and profiled by Thought Leader Select in those same geographic regions.

The results of the study provided the client company with a better understanding of the skills and experiences of not only their current pool of medical advisors, but those of an expanded pool as well.  In the analysis of the new, larger pool of physicians in the areas of development most important to the client, Thought Leader ... read more »

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Power to the Patients: Takeaways from the "New Health Report"

June 24, 2010 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

A recent report suggested that patients can have a significant influence on the success or failure of new drugs. The “New Health Report,” conducted by Richard Day Research and published by Quintiles, a large multinational contract research organization (CRO) to the pharmaceutical industry, surveyed executives from biopharmaceutical companies and from healthcare companies, as well as a number of patients. They found that patients are gradually moving into a position of influence over the success of a new medicine, a position long held by the medical community.

There is an old saying in the art of negotiating– “whoever believes he has the power, has the power.” This interesting paradox can be seen in government. The politicians believe they have the power, and so they wield it readily to control the people; whereas the people do not believe they have the power, and are thus subjugated to the will of the government. In reality, it is the opposite. The government derives its power from the people, and the people of the land have the real power. But in most cases, the government believes it has the power, as so it does.

In medicine, physicians have always held a position of power over the interventions of diseases. They make life and death decisions armed with a wealth of ... read more »

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Europe's IMI Sets Pace for Public/Private Partnerships in Pharmaceutical Development

June 23, 2010 · Leave a comment

A recent PharmaTimes article highlighted the efforts of the largest public/private partnership in the pharmaceutical industry, Europe’s Innovative Medicines Initiative (IMI).  The IMI, jointly funded for 2 billion euros by the European Commission and the industry group, the European Federation of Pharmaceutical Industries and Associations (EFPIA), seeks to address the development and delivery issues for critical new medicines that may be too large for an individual institution or company to tackle alone.

According to PharmaTimes, the IMI focuses on “unmet needs common to the pharmaceutical industry and patients – the key concepts being pre-competitive research, open innovation and patient-tailored therapies.”   Now in its third year accepting proposals, the initiative will target a number of new developments in pharmaceuticals and patient education, including the development of personalized medicine approaches for the treatment of diabetes and a variety of training programs for creating “informed patients.”

Ongoing projects like the Innovative Medicines Initiative and Italy’s Drug Development and Discovery Unit (see our previous post about the D3 here) are opening up greater opportunities for the pharmaceutical industry to pool its resources and work with the medical community for better public health.

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The Future of Ambulatory Health Services: The Healthy Home

June 22, 2010 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

Ambulatory care is the basic building block of primary healthcare in the United States. From its early origins of a family physician visiting sick patients in their homes to sophisticated group practices that offer secondary and even tertiary care, ambulatory care has evolved to a point where it competes with institutionalized care. However, not to be outdone, larger institutions have encroached the playing field of ambulatory care. Thus, the U.S. healthcare delivery system has gradually dissolved the clear demarcation between ambulatory care and institutional care. So where is this all heading?

There is one more geographical migration of primary healthcare that I believe will occur over the next few decades. But before I present this new frontier for primary care, let me highlight some of the developments that are occurring, and will continue to take place, within the healthcare delivery system that will accelerate this new migration. Information technology is finally changing the landscape of healthcare. Better technology to manage an explosion of new medical knowledge, making this information available anywhere and anytime, is enhancing our ability to manage the health of the nation. With the impetus from managed care to make people more fiscally and clinically accountable for their health and wellness, the average person has become much more aware of his or ... read more »

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Throwing the Baby Out with the Bath Water: ACCME Bans Industry Scientists from CME

June 17, 2010 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

A recent decision by the Accreditation Council for Continuing Medical Education to not allow scientists employed by pharmaceutical, diagnostics, and devices companies to give educational presentations to physicians at medical meetings has “stirred up a bee’s nest.” In other words, if you graduated from an accredited university, conducted sound research within academia for several years, then joined a pharmaceutical company to carry on your research and were invited to a scientific congress to present your research findings to physicians, you are now being banned to do so because your work might be tainted and biased by your employer. Instead of addressing concerns of biased reporting or misrepresentation of the facts, the ACCME has decided to “throw the baby out with the bath water.”

I have known brilliant scientists who have spent their lifetimes conducting impeccable research within the halls of academia, only to be asked to come into the private sector to complete their research. Is the ACCME now saying those dedicated individuals have “sold their souls to the devil” and suddenly lost all integrity and objectivity? Have there never been researchers within academia that have falsified their data for personal gain and been exposed to the public? Should we ban all researchers in academic centers from presenting their research to physicians at ... read more »

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The Thought Leaders Driving Thought Leader Select: A Blog Series–Daniel Bagi

June 16, 2010 · Leave a comment

Daniel Bagi joined Thought Leader Select to steer the company’s business development efforts in Latin America in the spring of 2010. With over two decades working for pharmaceutical and biotechnology companies, Dr. Bagi brings a high level of industry expertise to his consulting work with Thought Leader Select’s clients and prospects.

Daniel earned a Doctor of Medicine degree from the University of Monterrey (Mexico), and he has served the industry in a variety of capacities, including product development, regulatory affairs, licensing, and business development.  He directed global clinical development for a suite of anti-cancer drug therapies at Lorus Therapeutics of Markham, Ontario and IGT Pharma of Vancouver, British Columbia.

More recently, Dr. Bagi has served as a senior consultant to EM Diagnostics, a US-based breast cancer diagnostic company, and, since 2005, he has served as a medical consultant to Riso Pharma Tech, a Toronto company dedicated to developing pharmaceuticals for Latin America and the Middle East.

TLS Blog:  Good morning, Daniel.  Please tell us why you decided to join us at Thought Leader Select.

Daniel Bagi:  For me, one of the most important aspects of any professional endeavor is the work environment, which is defined by the attitudes and expertise of your colleagues.  Negativity can cause failure.  I was first approached by Neil Mellor (principal business development agent for North America), and Neil is ... read more »

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Thought Leader Select Launches KOL Incubator

June 15, 2010 · Leave a comment

New press release out today from the offices of Thought Leader Select–

FOR IMMEDIATE RELEASE

June 14, 2010 (CHAPEL HILL, NC)—Thought Leader Select, a North Carolina company dedicated to delivering sophisticated solutions for key opinion leader relationship management in the pharmaceutical industry, announces the launch of its KOL Incubator.

The company, known for its proprietary deep profiling research methodology that promotes industry engagement with the right medical experts in an array of therapeutic areas and disease states, has complemented its web-based tool for identifying medical expert teams for a variety of drug development needs.  The KOL Incubator tracks new and young physicians as they engage in breakthrough clinical research, publish in medical journals, and speak at scientific conferences.

The new engine will track the progress of these health care providers, known in the healthcare community as “rising stars,” as they advance medical science.  The incubator will gauge the impact of their work at regional, national, and international levels as their landmark work defines treatment guidelines for the next generation of medicines for better public health outcomes.

As these budding key opinion leaders accumulate a body of work that proves their standing of respect within the medical community, Thought Leader Select will move them into their core database of the world’s top medical experts.  “This is an ideal role for us to play in advancing the ... read more »

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Fast Facts from Thought Leader Select–Payer KOLs

June 10, 2010 · Leave a comment

Key opinion leaders (KOLs) are health care leaders who make a high-impact footprint while advancing medical science. Thought Leader Select specializes in delivering objective, validated data on the skills and experiences of KOLs, so that pharmaceutical companies can seek their appropriate advice and guidance in the development of new medicines.

Thought Leader Select measures many areas where KOLs leave their respective marks in the medical community, including conducting clinical research studies, publishing articles in leading journals, and presenting breakthrough knowledge at scientific conferences.

In a recent assessment of over 300 North American specialists in atrial fibrillation, Thought Leader Select measured the frequency of these global key opinion leaders’ respective participation in regulatory and reimbursement activities. Using keywords to link these KOLs with such activities covering a six-year period, Thought Leader Select found that only 50 of the 300 physicians had any significant, relevant experience related to regulatory and reimbursement issues, such as participation on Pharmacy and Therapeutics Committees, FDA Advisory Boards, etc.

While the overall pool of 300 medical experts in atrial fibrillation showed significant diversity in skills and experience in a variety of areas, there are only a small number of these experts that have any experience in regulatory and reimbursement issues. Pharmaceutical companies wishing to seek consultative advice from these highly specialized thought leaders need to find effective ways to differentiate ... read more »

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The Thought Leaders Driving Thought Leader Select: A Blog Series–Cammie Brannan

June 9, 2010 · Leave a comment

Cammie Brannan joined Clear Point Health and Thought Leader Select as a research associate in 2005. In her current role managing thought leader relations at Thought Leader Select, Cammie works directly with physicians and other health care professionals to ensure the accuracy and integrity of the data for each key opinion leader assessment.  Cammie spent a decade working in accounting and financial management, earning a reputation as a leader in compiling data and optimizing its presentation for decision-makers in a variety of industries.  Prior to joining Thought Leader Select, Cammie worked for a North Carolina firm that provided research and consulting services to the pharmaceutical industry, with emphasis on the drug-naming process.

The Thought Leader Select Blog sat down with Cammie to discuss her industry experience and her professional contribution to Thought Leader Select.

TLS Blog:  Good morning, Cammie.  Why did you join Thought Leader Select?

Cammie Brannan:  I had been doing contract market research for a company in Raleigh, NC. We specialized in all of the aspects of naming new pharmaceutical products—market research, market testing, etc.  I interacted quite a bit with health care professionals—we surveyed them.—gaining their valuable feedback on potential new names for drugs. For instance, were the names appealing, memorable, and would they be confused with other products on the market.  It was a pretty interesting business.

While I was ... read more »

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