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Pricing is an organization's most powerful profit driver. This key strategic decision is particularly challenging in the life sciences where there is a highly complex relationship between value, price, access and utilization caused by the variety of stakeholders and market inter-dependencies.
Representatives from Simon-Kucher and Partners (SKP), the world's leading pricing and market access consulting company, will draw on examples/cases studies for both the US and ex-US to highlight the fundamentals of pricing for pharmaceutical and biotechnology products, including:
- the role of pricing in a product's lifecycle: from clinical development to launch and post-launch
- approaches to measuring value
- common pitfalls to avoid
- elements of a successful pricing strategy the pricing and market access organization in a life sciences company
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