Ethical & unethical pharma market

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ETHICAL & UNETHICAL PRACTICES IN PHARMA

description

This presentation is about what tactics are Pharma Companies are using for getting sales

Transcript of Ethical & unethical pharma market

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ETHICAL & UNETHICAL PRACTICES IN PHARMA

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PAKISTAN PHARMACEUTICALS MARKET

World Pharma Market Worth $300 Billion Pakistan Pharma Market Worth $6.4

Billion-2% of World Total 30 MNCs and 400 national

manufacturing units Share of MNC 45% Share of NCs is 55% Growth Rate 12% per annum

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Top Companies

TOP MNC GlaxoSmithKline holding 12% Market Share

National Company Getz Pharma holding 4% Market Share

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Top MNCs in Pakistan

GSK-GlaxoSmithKline Pfizer Abbott Novartis Sanofi-Aventis Roche Bayer Eli-Lilly Johnson & Johnson

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Top National Companies

Getz Sami Hilton Bosch Highnoon Macter Searle Wilson

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Contribution to Economy

600 companies are active in the field 100,000 employees 1% of sales of each company goes to

R&D fund of MOH More than 47000 Registered Drugs 1100 registered Molecules Almost all are price controlled

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Types Of Companies

MNCs

National Companies

Marketing/ Franchisee/ Third Party

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New Business Model (Outsourcing)

Vikor Pharma Muller and Phipps Premier Agencies Helium

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ETHICAL PRACTICES

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International Federation of Pharmaceutical Manufacturers & Associations

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Value of Ethical Promotion of Medicines •Ethical promotion helps ensures that:

•Healthcare professionals have access to information they require;

•Patients have access to the medicines they need; and •That medicines are prescribed and used to benefit patients worldwide

© IFPMA 2013

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DOs & DON’Ts

ALLOWED Promotional Aids (strict provision) Items of Medical Utility (strict Provision) Hosting of Scientific Promotional Meeting Limited Sponsorship to genuine scientific event Cultural courtesy cards/gifts(i.e. inexpensive gifts

not related to items of medical utility and allowed by local Law)

Meals/Dinners if in connection to an event and secondary

© IFPMA 2013

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DOs & DON’Ts

NOT ALLOWED Monetary Gifts Personal Gifts (i.e. flowers, jewelry, cars, etc.) Recreational Activities (i.e. golf, tickets to

sporting events, concert, vacations, etc.) Sponsoring of family events or paying for a

guest/companion Meals/Dinners if not in connection to an event Any form of entertainment (i.e. company paid

for musical performance during dinner

© IFPMA 2013

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Marketing Strategies

Human Resource Department

Marketing Department

Training Department

Hiring of Qualified & Skilled Personnel

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Marketing Strategies

Develop Marketing Strategy &

Promo Material

Implement in the Field

Approval by Medical

Department

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Marketing Strategies

One to one Detailing to HCPs by Medical Rep through When, Why, How

Give Samples/starter packs to Drs

Give Items of Medical Utility for promotion

Participation in International and National Conferences

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Marketing Strategies

Clinical Meetings

Educational Programs for Drs.

Sponsorship in Conferences and Seminars

Donations to Govt. Hospitals

Participation in Tender Business

Economical Gifts like Pen, Torch, Tissue paper

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UNETHICAL PRACTICES

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Targeted Prey

HCPc Nurses Technicians Pharmacist

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Unethical Practices

Bribe

Pick and Drop Services Payments of Utility Bills Heavy Discounts FOC Goods Checks/Cash incentives Expensive Lunch/Dinner

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Unethical Practices

Free Medical Camps

Monthly Salary

Jewelry

Furniture/Fixture

Office Equipment

Expensive Electronic Items

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Unethical Practices

Expensive Gifts

Excursion Trips

Vacation Packages

Local and Foreign Trips

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Unethical Practices

Renovation of Clinic

Partner ship offers

Installment offers

And other Services

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