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DoP releases new UCPMP for pharma and medical devices companies

AuroBlog - Aurous Healthcare Clinical Trials blog

The Department of Pharmaceuticals (DoP) has issued a new Uniform Code for Pharmaceutical Marketing Practices (UCPMP) 2024, permitting pharma companies to provide brand reminders such as informational and education items and free samples to medical professionals with restrictions on sample packs and total value.

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Emotional empathy is driving brand equity

pharmaphorum

How the COVID-19 pandemic is forging pharmaceutical brands into better shape. Day by day it becomes clearer that some brands are coming through the pandemic in better shape than ever. These are the brands that have clearly demonstrated emotional intelligence, that have shown emotional empathy to their target audience.

Branding 112
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What is pharma’s responsibility for online health information?

World of DTC Marketing

Research has shown that 74% of all U.S. This is one area where pharma companies can restore trust and excel. . ” 42% of Americans research their doctor’s suggestions after a visit. Over 75% of Americans use social media to research their health symptoms. . Of those, 80% turn online to do so.

Doctors 227
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The futility of banner ads

World of DTC Marketing

For every $1 million invested in online banner ads, just 0.1%, or $1,000, derives value for brands, resulting in $999,000 wasted by brands. So why is pharma wasting so much money? Research has shown that only 35% of digital display ads received views.

Branding 270
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Product launch metrics are changing in pharma

World of DTC Marketing

Pharma companies have been investing deeply into digital advertising but vastly under measuring customer engagement and other metrics. All this means is that DTC and HCP marketers will have to do a lot better job connecting their spending to quantitative brand metrics. The pandemic has changed both HCP and patient behaviors.

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The social media problem for healthcare

World of DTC Marketing

A year ago, Facebook was making a hard charge to get the pharma business. From my estimates, most of it failed because pharma companies are afraid of misinformation concerning regulations around DTC marketing.

Branding 224
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A new era of pharma marketing?

World of DTC Marketing

Just 13% of people trust the pharma companies they interact with. If pharma is going to leap to a new era of marketing, they have to get to know their audiences. If pharma is going to leap to a new era of marketing, they have to get to know their audiences. 68% say the interactions feel transactional.

Marketing 214