Launching new medicines - a major bottleneck in the pharma industry
- scurtum
- May 18, 2020
- 1 min read
Updated: May 19, 2020
Sequential launching medicines coupled with reference pricing is costing pharma companies hundreds of million dollars in forgone revenue.
OGT is proposing a simultaneous launch of new medicines in all considered markets with Optimal Global Launch Pricing.
This is a two part proposition:
- Pricing function - to keep regulatory agencies appraised of potential launch prices throughout the 12 years R&D process, with documents:
- INDP - Investigation New Drug Prices
- NDAP - New Drug Application Prices
- Actual launch optimal pricing
Next few blogs will detail and come up with live examples.
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