Price Waterhouse Coopers: Non-compliance costing pharma billions?

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I enjoy reading analyst reports from financial companies. They are great for making me laugh as a lot of the insights are DUH 101 and have no basis in reality. A perfect example is the latest report issued by PWC titled "Pharma 2020: The Vision, Which Path Will You Take? CEO's can just throw away their strategic plans and use this as a roadmap to company enlightenment and riches. Among other things, the report explains that pharma is leaving over $3 billion on the table because of noncompliance of patients. (DUH) It took how many high paid analysts to figure this out?



I don't like assumptions when your business planning. Not in today's marketing environment which is changing rapidly. Business plans are not worth anything once they are printed because the variables that effect the implementation of the plan are always in motion. I believe that all business plans should be flexible and that the goal of any company is to react to changes within the market with speed of implementation. Now there are those that say "speed" and "pharma marketing" should never be used together to which I say "horse hockey!" Big pharma had better learn to be nimble or else they will lose potential business that can add millions of dollars to the bottom line. But let's get back to the PWC report and the issue of compliance.



According to the report:



In a perfect world, all patients would adhere to their treatment regimens. But the world is far from perfect. The FDA and National Council on Patient Information and Education report that 14% to 21% of US patients never fill their original prescriptions; 60% cannot identify their own medications; and 12% to 20% use other people’s therapies. Even patients who do not commit such flagrant abuses often compromise the effectiveness of the therapies they take by consuming them at irregular intervals or failing to complete the course, while some people with chronic diseases stop taking their medications altogether

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Compliance. How can pharma make people more compliant? Or... How can pharma alter patient behavior? Uhhhhh......alter behavior? Isn't that the job of ALL marketers and why marketers spend billions of dollars on marketing programs? Hell we can't even get people to fasten their seat belts or stop smoking !



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The issue here is that you are taking a pill and putting into your body. A foreign substance is invading your privacy and leading to side effects that most people don't want. Even if it helps them stay healthy the issue here is that pharma cannot effect patient compliance with mass marketing. Yes there are some products that encourage you to stay on therapy but for the most part pharma has given up on compliance because of the lack of success. It's all about personal marketing but God forbid that any pharma marketing organization should think about that...what would the media say? Can you imagine "Drug companies push people to stay on their medications to increase sales".


Compliance is an important issue but if physicians cannot get people to lose weight to get healthier or stop smoking to live longer there isn't any mass market program that can be implemented in the mass market to increase compliance. The only program that can increase compliance is continued emphasis on compliance at every level in the health care model, from physicians to pharmacy. Physicians should call patients to get them back into the office to ask them about taking their medications and should have, as part of a computerized program, a list of patients who are due to get renewals on their Rx's. Pharmacies should also have a program to call patients to ask about renewing scripts once a current Rx should have been exhausted. Yes this would require a new way of thinking and more interventions but the only way to increase compliance is with hand holding and reminders. You see time is the new currency and people don't have time to make appointments with their doctors go to the physicians office, wait in the waiting room, then get to see their doctor and ask for another Rx. Even when you get the Rx you still have to drive to the drugstore and wait again for your Rx. People just don't have the time or are unwilling to trade the time for what they see a "little benefit".



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What is needed is a new way to dispense drugs easily and for patients to request new Rx's without having to allocate 2-3 hours out of their busy days. It's not a pharma problem it's a health care problem !

I will be reviewing the rest of the PWC Report later for some good chuckles but to the authors it maybe time for them to come back to the reality of a marketplace in which consumers have all the power, in which the marketing environment is hostile towards pharma and the politicalization of the FDA. Thus endth the lesson

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