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IMS MIDAS Market Segmentation - IMS Health

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<strong>IMS</strong> <strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong><br />

CLARITY AND CONFIDENCE IN A COMPLEX WORLD


<strong>IMS</strong> <strong>MIDAS</strong> <strong>Market</strong><br />

<strong>Segmentation</strong> is a new and<br />

powerful global measurement<br />

standard enabling rapid,<br />

consistent definition of the<br />

protected, unprotected and<br />

generic pharmaceutical market:<br />

Clearer identification of future<br />

opportunities; development of<br />

more effective product and<br />

portfolio strategies and<br />

delivery of continued growth.


<strong>IMS</strong> <strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong><br />

Identify and quantify the full potential for future growth<br />

with definitive information on generic, unprotected and<br />

protected products using <strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong>.<br />

Authorised generics, patent protected brands, licensed early entries, copy products,<br />

data exclusivity... the list goes on. Knowing where your true competition lies has<br />

become a challenging but critical task in today’s increasingly complex markets.<br />

<strong>IMS</strong> <strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong> is the first of an extensive program of nextgeneration<br />

market measurement services developed by <strong>IMS</strong> – New Models,<br />

New Metrics – information-centred initiatives which are transforming our<br />

foundation data assets: adding greater breadth and depth and creating new measures.<br />

Bringing clarity and confidence in a complex world.<br />

Private Label<br />

Generics<br />

Brands with<br />

Pediatric<br />

Exclusivity<br />

Branded<br />

Generics<br />

CopyProducts<br />

Unbranded<br />

Generics<br />

Generics with<br />

Exclusivity<br />

Authorized<br />

Generics<br />

Off-Patent<br />

Brands<br />

Protected<br />

<strong>Market</strong><br />

Unprotected<br />

<strong>Market</strong><br />

Generics<br />

<strong>Market</strong><br />

POWERFUL INSIGHTS INTO MARKET COMPOSITION<br />

Grounded in robust methodology, powerful analytics, and<br />

the best global healthcare information, <strong>MIDAS</strong> <strong>Market</strong><br />

<strong>Segmentation</strong> provides a new way to understand and<br />

measure the fundamental composition of the<br />

pharmaceutical market.<br />

At the heart of <strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong> lies a unique<br />

approach to coding products consistently across multiple<br />

markets - for the first time allowing product performance<br />

to be compared in an equivalent segment based on<br />

protection status.<br />

Using standard definitions developed with respected<br />

industry associations, leading international companies and<br />

the European Generic medicines Association (EGA),<br />

<strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong> enables:<br />

• Clearer assessment of market opportunities<br />

• An understanding of market position versus the<br />

competition<br />

• Consistent performance benchmarking<br />

• Evaluation of late lifecycle options<br />

• <strong>Market</strong> entry opportunities for successful generic<br />

launches


Unique, total market visibility<br />

TOTAL PRESCRIPTION-BOUND MARKET<br />

Originally Protected<br />

Never Protected<br />

Protected<br />

Not Protected<br />

Never<br />

Protected Generics<br />

Other (copy) Products<br />

INN Unbranded<br />

Company Branded<br />

Branded<br />

THE UNPROTECTED MARKET<br />

STEER YOUR PORTFOLIO TOWARDS THE BEST<br />

OPPORTUNITIES<br />

Lifecycle management is no longer an art but a proven<br />

science that is essential to ensuring optimal ROI.<br />

<strong>MIDAS</strong> <strong>Market</strong> <strong>Segmentation</strong> is a vital tool for confident<br />

decision-making and portfolio planning to drive the<br />

development of compelling lifecycle strategies, defend market<br />

share, identify opportunities, and maintain competitive edge:<br />

• Track movements and trends on a monthly basis<br />

• More accurately model scenarios around protection<br />

expiry, portfolio mix and company benchmarking<br />

• Determine the opportunities and drivers for each<br />

individual market segment<br />

• Support your strategic direction with external stakeholders<br />

• Ensure deployment of resources for the best results<br />

TAKE FULL ADVANTAGE OF GENERICS POTENTIAL<br />

The unprotected segment of the pharmaceutical market,<br />

consisting of off-patent brands and generics, is commanding<br />

increasing attention as the generics sector continues to<br />

outperform overall market growth.<br />

• Reliably identify your true competition including<br />

unbranded, branded, and company branded generics plus<br />

the original off-patent brand<br />

• Consistently measure generics markets across geographies<br />

• Identify the most attractive new markets for your future<br />

generics portfolio<br />

• Achieve the right portfolio mix<br />

• Develop successful market entry strategies<br />

FRESH INSIGHTS FOR A CHANGING WORLD<br />

Establish market exclusivity expiry dates<br />

• Explore the vulnerability of a corporation/therapy<br />

class/molecule within future unprotected markets<br />

Differentiate between protected and unprotected markets<br />

• Identify the value of the protected/unprotected<br />

market in a particular area<br />

• Understand company brand strategy<br />

in chosen markets<br />

Assess the true market impact of generics on markets<br />

• Evaluate time to peak generic penetration following<br />

protection expiry<br />

• Review strategies that have successfully limited<br />

generic erosion in similar markets<br />

Create powerful models for future launches<br />

• Establish market and country differences in generic<br />

launch strategies<br />

• Compare sales or launch curves of subsequently<br />

launched products with first launched products<br />

• Understand lost sales from original brands<br />

after protection expiry<br />

• Determine optimum launch strategies<br />

for an unprotected market<br />

Develop new strategies for late lifecycle planning<br />

• See how a line extension can protect the original brand<br />

• Establish optimal launch time for a line extension<br />

to protect an impending expiry


INTELLIGENCE. APPLIED.


ABOUT <strong>IMS</strong><br />

Operating in more than 100 countries, <strong>IMS</strong><br />

<strong>Health</strong> is the world's leading provider of market<br />

intelligence to the pharmaceutical and healthcare<br />

industries.With $1.8 billion in 2005 revenue and<br />

more than 50 years of industry experience, <strong>IMS</strong><br />

offers leading-edge business intelligence products<br />

and services that are integral to clients’ day-to-day<br />

operations, including portfolio optimization<br />

capabilities; launch and brand management<br />

solutions; sales force effectiveness innovations;<br />

managed care and over-the-counter offerings; and<br />

consulting and services solutions that improve<br />

ROI and the delivery of quality healthcare<br />

worldwide. Additional information is available at<br />

http://www.imshealth.com<br />

<strong>IMS</strong> HEALTH®<br />

EUROPE & WORLDWIDE<br />

7 Harewood Avenue<br />

London<br />

NW1 6JB UK<br />

Tel: +44 (0)20 3075 5888<br />

Fax: +44 (0)20 3075 5999<br />

THE AMERICAS<br />

660 West Germantown Pike<br />

Plymouth Meeting<br />

PA 19462-0905<br />

USA<br />

Tel: +1 610 834 5206<br />

Fax: +1 610 832 5438<br />

www.imshealth.com/newmodelsnewmetrics<br />

TM<br />

©2006 <strong>IMS</strong> <strong>Health</strong> Incorporated or its affiliates. All Rights Reserved.<br />

MSFO1006

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