IMS MIDAS Market Segmentation - IMS Health
IMS MIDAS Market Segmentation - IMS Health
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 />
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