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Biocon Case Study Presentation
Biocon Case Study Presentation
Drug in India
Prevalence:
21% of cancer cases were in India
27% of cancer deaths worldwide were in India.
Treatment:
Surgery, chemotherapy, Radiotherapy, Biological Therapy
Targeting EGFR.
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Analysis - Market Overview
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Analysis - Company Overview
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Analysis - Competition Overview
Erbitux
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Analysis - SWOT
Strengths Weakness
1. The First Indian Proprietary drug. 1. No Phase 3 Clinical trials.
2. Phase 2 Clinical trials: Chemo and 2. No Experience with Oncology Market.
radio with 100% response conducted in
India.
3. Accelerated DCGI Approval
4. Good Rapport during phase 2 studies.
5. 6 dose Cycles.
Opportunities Threats
1. High Incidence, and low survival rates. 1. Few Patients could afford the Drug.
2. Indian Economy growing by 9% 2. Phase 3 approval by USFDA and EMA
(Market Size) for ERBITUX, And DCGI approval by
3. Being the first company to launch. 2006 end.
4. High Erbitux Treatment. 3. 3 years market experience
(Colorectal).
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Strategy
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Tactics
Conducting Mega Launch Event
Targeting 150 Oncologists
2 International Speakers
Media Coverage
4 TV Interviews with 4 main channels to increase the awareness of the disease and BIOMAB.
2 Focus Groups
Conducting group before the launch with top 10 KOLS and another group in the launch day with
the international speaker
2 Touring Sessions.
Conducting the session using top 2 speakers, targeting 2 main oncology centers to furthermore
increase treatment (triple therapy) and Biomab awareness.
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Tactics (continue)
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Tactics (continue)
Creating strong detailing campaign with DCGI approval trial results for the 6
dose cycle (80% radiotherapy and 100% response triple therapy).
Establishing Consumer Help Hotline and web services.
Establishing PSP
For the early detection and scanning cancer markers in 5 labs (under the MOH umbrella)
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Pricing and Distribution Decision
1. Pricing:
Penetration pricing strategy, a price elasticity survey should be done before
the launch to collect data from class A and B Physicians (20 Physicians).
Establishing an estimated Price of 1,500$ to 2,000$ per dose.
Establishing detailing campaign for the 6 dose cycles vs Competitor.
2. Distribution:
Using the CFA agency, distributing using cold chains directly to physicians.
Making contracts with the most well know Retail pharmacies.
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Operational plan
Challenges
and
Strategy Who Tactics
Opportunitie
s
Focusing to build 1.Mega Launch Event.
Being the first
strong brand equity Marketing, 2.Focus Groups with KOLS.
company to
by being the first Sales and 3.Touring Sessions.
launch.
Indian treatment for Medical Team 4.Detailing campaign with DCGI approval trial results.
H&N cancer.
High Erbitux Pricing BIOMAB with 1.Price elasticity survey.
Treatment. affordable price. Marketing 2.1,500$ per dose.
3.Detailing campaign for the 6 dose cycles vs Competitor.
Establishing Patient 1. Consumer Help Hotline and web services.
High Incidence, Awareness and early 2. Brochure containing hotlines and website instructions.
Marketing,
and low survival detection Campaign 3. Awareness Standalone under the umbrella of MOH for
Sales, and
rates. GPs and IMs.
IT Team
Few Patients 4. Media Campaigns.
5. PSP
Phase 2 Clinical Create a strong Marketing, 1.Meet the Experts, CME, and SLMs.
trials conducted rapport with Top Sales Team, 2.Local Treatment Consensus.
in India. notch Oncologists. Medical Team
No experience Establishing strong 1.Headhunting well experienced sales team.
13 Sales Team
with Oncology sales team to start 2.2 induction training waves.
Training Team
Timeline
Duratio Augus
Task Name Jan Feb March April May June July Sept. Oct Nov Dec
n t
Price Survey
Touring 3 days
Session
Hotline and
Website
Meet The 1 day
Expert
CME 1 day
SLM 1 day
Consensus. 3 days
Media
Campaign
Standalone 3 days
Induction 3 days
PSP
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P&L
Standalone; 18.52%
Website; 2.59%
CME; 9.26%
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“It always seems impossible until
it's done.”
Nelson Mandela.
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