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Biopharma Launch Edge provides a comprehensive range of launch services designed to help deliver groundbreaking outcomes, by providing a faster, simpler and more successful launch process.
Biopharma launches set the tone for product lifecycle success. However, in this dynamic and uncertain environment, launches are often complex and fraught with increasing challenges, which explains why many of them underperform.
The EY Biopharma Launch Edge solution rewrites the rules to help deliver successful product launches. EY can help you and your organization deliver greater impact and get innovation to more patients faster, through the delivery of groundbreaking outcomes, step-change in engagement of others and unwavering confidence throughout.
The graphic above shows how the EY Biopharma Launch Edge offering can help companies to deliver more successful launches through the delivery of groundbreaking outcomes, step-change in engagement of others and unwavering confidence throughout.
The rapidly changing launch landscape
More than two out of three biopharma products launched since January 2020 have underperformed. About 38% of the products missed expectations by more than a 50% gap, according to the EY Commercial Launch Center of Excellence.
With the growing cost of drug development and reduced times to peak sales, getting a drug launch right is more critical than ever. The external factors that have added more complexity to the launch process include:
Intensifying competition
Rise of specialty drugs and advanced therapeutics that require a more bespoke launch
Reduced engagement with stakeholders due to the COVID-19 pandemic and other factors
Rising influence of payers
Substantive health care reforms (e.g., Inflation Reduction Act)
Need for omnichannel digital engagement with consumers and other stakeholders
Poor launch performance is often the result of inefficiencies at every stage of the prelaunch phase. Top internal factors include:
Lack of visibility across functions and regions
Inconsistent success metrics and tracking
Low visibility of launch readiness at local levels
Lack of alignment on strategy and execution, between global and local, and between clinical and commercial
Huge volume of interdependent, preparatory activities
Insufficient or delayed investment and resources
Inconsistent execution
EY value creators
Multidisciplinary team with agile ways of working and deep therapy area expertise
Real-time launch tracking through digital control tower
Orchestration across multiple vendors to drive “shared success”
Robust disease area strategy leveraging therapy experts and access to health care providers
Strategic value proposition development based on deep persona insights
Access and pricing strategy based on our payer insights
Clinical practice change strategy leveraging our knowledge and relationships within health care
Advanced insights/real-world evidence (RWE) capabilities for cross-functional scenario planning
Translation of global launch agenda into operational market launch plans via deep local market knowledge
Global-local integration, consistency and scaling through tested iterative approach
Change management experience embedded in behavioral science and personalization
Cross-functional capability build for launch teams of the future
Global Center of Excellence (data and AI specialists) producing data-to-insights engines and delivering real-time value
Automated, near-real-time, interactive dashboards with customized performance metrics to guide early decision-making
Data-led consolidation across markets to elevate launch risks and delay signals
The graphic above shows EY’s approach and value creators for the Biopharma Launch Edge Offering. These value creators include:
Agile launch control
Strategy driven by insight
Market pull-through of launch strategy
Leading-edge capabilities
Faster insight-to-action process
Why EY?
To deliver a successful drug product launch in today’s dynamic and challenging marketplace, you must reimagine your launch strategy and operations from the ground up. But you don’t have to do it alone. EY Biopharma Launch Edge provides you with the tools to plan, navigate, execute, and measure a strategic and sustaining launch. The results? Groundbreaking outcomes that deliver on sales expectations; a step-change in engagement of others, resulting in speedy mobilization and shared successes; and unwavering confidence throughout, delivering efficiencies relating to time, resources, and budget, and, ultimately, putting innovation in the hands of the patients.