Strategic advisory: Product differentiation
Situation
Large biotech company was looking to differentiate two drugs with similar attributes in the same therapeutic indication
Task
The goal of the advisory meeting was to gather insights that will allow for optimization of product positioning in the therapeutic landscape/market by understanding the data and characteristics that were most differentiating for each
Action
Engaged 15 advisors (MD or NP/PA) who had experience across the treatment spectrum with both products
Result
The primary post-meeting findings indicated that specific classes of drug interactions could drive regimen choice, but that many providers were not aware of these potential interactions
Drug interactions were elevated as a key educational and messaging component as a result