Pharmaceutical Market- Effective Lifecycle Management Strategies, 2017 Report
The Pharmaceutical Market Report was published in April 2017 and contains 82 no. of
pages.
The Pharmaceutical Market - Effective Lifecycle Management Strategies, 2017 Report
describes the process of managing the entire lifecycle of a product including its research,
design and manufacture, service and disposal. LCM is a well-established tool to maximize
sales throughout the product lifecycle and acts as a competitive edge to provide greater
profitability and retain market share as the patent expiry or market exclusivity rights of
products approaches.
Pharmaceutical Market report provides a comprehensive assessment of product lifecycle
(LCM) management strategies that are being implemented by pharmaceutical companies
around the world. Pharmaceutical market continues to face a variety of threats and
challenges. These are not new challenges, as they are mostly the result of a wide variety of
economic, operational and commercial issues that in many cases have been overlooked,
accumulating over decades and increasingly gaining momentum.
Complete Report on Pharmaceutical Market Lifecycle Management Strategies is Available
at http://www.reportsnreports.com/reports/974411-pharmaceutical-lifecycle-
management-strategies-in-2017.html .
Important challenges are described in the report including pricing pressures, rising
development costs, stringent regulatory and reimbursement policies, declining R&D
productivity and drug patent cliffs (the immediate decline in sales after the patent
expiration). These issues, particularly the productivity gap, leave pharmaceutical companies
exposed to generic and biosimilar competition, which can erode a significant percentage of
their sales and market share within a short period of time. Companies risk losing up to 90%
of the revenue of some of their biggest products to generic and biosimilar competition.
Scope of the report
The need for effective LCM strategies in the pharmaceutical industry
The most common LCM strategies being implemented
What are the business opportunities and commercial rewards arising from the
implementation of LCM strategies
The key factors that impact the choice of LCM strategy
Strategies the Big Pharma companies implemented in recent years to preserve
revenues and market share