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Maxlax - Marketing Plan
Maxlax - Marketing Plan
Maxlax - Marketing Plan
MARKETING PLAN
EXECUTIVE SUMMARY
Executive Summary
• Spasticity is a common cause of temporary incapacitation in Pakistan
• Most common remedy used are Muscle Relaxant which are further bifurcated into
Centrally acting drugs and Peripherally acting drugs.
• With life style changes in particular that of the Urban area, spasticity prevalence is
on an upward Trend.
• Peripherally acting drugs have not captured a sizable market share and are on a
negative growth trend.
• Centrally acting drugs have managed to capture a substantial share and the
growth trends are quite encouraging.
Executive Summary (Cont…)
• The most popular salts in the segment are Tizanidine, Orphenadrine Citrate,
Eperisone and Thiocolchicoside.
• Major shares of the market are being held by Searle, Novartis and Sami.
• In the Tizanadine market Novartis with Ternalin, Sami with Movax and Martin
Down with Musidin have made headways.
MARKET ANALYSIS
Market Analysis
(Qualitative)
• With the current growth trends Movax is tipped to topple Ternalin by 2009.
CVS
OTHERS 8%
19%
Musculo-Skeletal
Pakistan Pharma Market:
11%
Musculo-Skeletal(Total):
CNS Value: Rs. 6.6 billion
10% Sys. Anti-Infectives Growth : 7.1%
IMS QTR-I, 2008 24%
Market Analysis – Sub Macro
(Quantitative)
Musculo-Skeletal System (M)
Other
Anti-Gout 6%
Muscle Relaxant 1%
9%
AR-Topical
5%
Musculo – Skeletal :
Value: Rs. 6.6 billion
Growth: 7.1%
AR-System
79% Muscle Relaxant(Total):
Wilgesic
6%
Musidin
Sinaxamol 5% Neubrol
7% 32%
Myonol
11%
Muscoril
11% Movax Ternalin
14% 14%
IMS QTR-I, 2008
Market Analysis – Micro
(Quantitative)
Bioavailability 40%
2-4 mg T.I.D
INDICATION
Spasticity
(LBP, MS, Spinal Chord Injury, Ankylosing Spondylitis etc.)
Strength Weakness
Opportunity Threat
Product
• Attractive Packaging.
Price
• One of the most economical brands. Price comparable with Movax.
Promotion
• By preference mix of, Orthopaedicians, Physicians, Rheumatologist and GPs. (125
Doctors)
Placement
• Available in complete range through a network of 43 distributors at 1500-2000
Pharmacies.
Customer Segmentation
• OPD Camps
• Price Comparison
• Monthly Gifting
• Reference Distribution
Marketing Warfare
Guerrilla Marketing Strategy
OPD Camps
• A total of 550 camps will be conducted per month in first 5 months of products launch.
• Camps will commence from 1st Sep, 2008 in each territory.
• List of planned camps to be communicated to H.O till 31 st Aug, 2008.
• Samples for camps will be sent to Field Force in monthly sample quota.
Price Comparison
By comparison Maxlax is more economical than Ternalin or Musidin and comparable to
Movax.
Monthly Gifting
As a product reminder field force will get sufficient quantity of gifts every month as a
part of active promo strategy.
Reference/Journals Distribution
New reference for increasing use in Migraine and Hypertension will be distributed
COMPETITION ANALYSIS
COMPETITION ANALYSIS
TERNALIN - NOVARTIS
• Recently Ternalin 2mg capsule form was launched which has found little acceptance.
• Large scale promo is no longer favored.
• Promo comes in the form of branding literature, stickers and advertisements.
Movax - SAMI
• After launch Musidin grew rapidly. However growth rate was not sustained for long.
• Typical focus on OPDs
• Promo comes in form of small scale sampling, advertisement, small posters etc.
PRODUCT
Financial Controls / Budgets