02.02.2013 Views

Launch Excellence in the Diabetes Market: Lessons from - IMS Health

Launch Excellence in the Diabetes Market: Lessons from - IMS Health

Launch Excellence in the Diabetes Market: Lessons from - IMS Health

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

WHITE PAPER | DIABETES LAUNCH EXCELLENCE<br />

Growth <strong>in</strong> <strong>the</strong> market for Type II <strong>Diabetes</strong> treatments has consistently<br />

out-performed <strong>the</strong> pharmaceutical market as a whole, and <strong>IMS</strong> believes that<br />

this will cont<strong>in</strong>ue for <strong>the</strong> next decade, driven by <strong>the</strong> obesity epidemic, an<br />

ag<strong>in</strong>g population, and <strong>the</strong> advent of new <strong>the</strong>rapies. In fact, <strong>in</strong> <strong>IMS</strong>’s<br />

perspective, diabetes stands out as one of <strong>the</strong> elite group of major <strong>the</strong>rapy<br />

areas that will cont<strong>in</strong>ue to outperform <strong>the</strong> market as a whole to 2016. With<strong>in</strong><br />

this out-perform<strong>in</strong>g group, it is also <strong>the</strong> only primary-care-driven <strong>the</strong>rapy<br />

area of any size, <strong>the</strong> o<strong>the</strong>rs be<strong>in</strong>g specialist areas.<br />

However, while epidemiology and unmet need mean <strong>the</strong>re are multi-billion<br />

dollar opportunities for successful launches and many potential contenders<br />

for blockbuster status, success is still not a foregone conclusion.<br />

<strong>IMS</strong> has studied <strong>the</strong> launch strategies and subsequent market performance of<br />

<strong>the</strong> frontrunner products <strong>in</strong> <strong>the</strong> dipeptidyl peptidase IV (DPP-IV) <strong>the</strong>rapeutic<br />

class worldwide to understand what separates clear market leaders <strong>from</strong> those<br />

with less impressive sales. From this, we’ve drawn key learn<strong>in</strong>gs pert<strong>in</strong>ent to<br />

companies prepar<strong>in</strong>g to launch one of <strong>the</strong> many products currently <strong>in</strong><br />

development for Type II <strong>Diabetes</strong>.<br />

THE NEXT DECADE: A CROWDED FIELD<br />

Over <strong>the</strong> next ten years, most of <strong>the</strong> new <strong>the</strong>rapies <strong>in</strong>troduced for Type II <strong>Diabetes</strong> will<br />

cluster <strong>in</strong> just a few drug classes, mean<strong>in</strong>g that <strong>the</strong> market will see a small number of<br />

first-<strong>in</strong>-class launches followed by an avalanche of follower brands. These follower<br />

products will naturally face a challeng<strong>in</strong>g launch environment if <strong>the</strong>y cannot<br />

demonstrate value propositions that are differentiated <strong>from</strong> first-<strong>in</strong>-class products <strong>in</strong><br />

<strong>the</strong> eyes of cl<strong>in</strong>ical op<strong>in</strong>ion leaders, prescribers, and payers.<br />

Never<strong>the</strong>less, experience has shown that companies whose products are not first to<br />

market can still w<strong>in</strong>—<strong>in</strong> specific segments or countries. Here, we exam<strong>in</strong>e how various<br />

strategies have played out for companies market<strong>in</strong>g DPP-IV <strong>in</strong>hibitors and consider<br />

<strong>the</strong> implications for products <strong>in</strong> <strong>the</strong> pipel<strong>in</strong>e.<br />

<strong>IMS</strong> HEALTH | LAUNCH EXCELLENCE IN THE DIABETES MARKET 2

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!