INTRODUCTION Flashcards

1
Q

a process that starts with identifying and understanding the needs and wants of the customer (demand) and then fulfilling those needs and wants (supply)

A

Marketing

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2
Q

a business that focuses on a particular type of product within a specific market segment

A

Nicher

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3
Q

the inherent property of a body that makes it oppose any force that would cause a change in its motion

A

Inertia

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4
Q

a process by which the market for pharmaceutical care is actualized

A

Pharmaceutical Marketing

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5
Q

broad area of biology, involving the use of living systems and organisms to develop or make products

A

Biotechnology

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6
Q

involved in discovering new or improved therapies that treat unmet medical and consumer needs

A

pharmaceutical industry

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7
Q

TOP 10 PHARMACEUTICAL COMPANIES IN THE WORLD (2019)

A
  1. Pfizer
  2. Roche
  3. Sanofi
  4. Johnson & Johnson
  5. Merck & Co.
  6. Novartis
  7. AbbVie
  8. Gilead Sciences
  9. GSK
  10. Amgen
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8
Q

an American biopharmaceutical company headquartered in California that specializes in developing novel human therapeutics

A

Amgen

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9
Q

AMGEN PRODUCTS (RBP)

A

● Repatha (Evolucumab) - cardiovascular drug
● Blincyto (Blinatumomab) - ALL
● Prolia (Denosumab) - osteoporosis

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10
Q

a leading British pharmaceutical company that specializes in a broad range of therapy areas but is particularly successful in the fields of HIV/AIDS, respiratory and vaccine

A

GlaxoSmithKline (GSK)

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11
Q

GSK PRODUCTS

A

● Tivicay (Dolutegravir) - integrase inhibitor
● Triumeq (Abacavir/Dolutegravir/Lamivudine) integrase inhibitor
● Incruse (Umeclidinium) - Anticholinergic
● Nucala (Mepolizumab) - IL-4

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12
Q

research-based biopharmaceutical company based in California that has historically found great success as leaders in HIV/AIDS research and in treating Hepatitis infections

A

Gilead Sciences

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13
Q

GILEAD PRODUCTS

A

● Epclusa (Velpatasvir/Sofosbuvir)
● Harvoni (Ledipasvir/Sofosbuvir)
● Truvada (Emtricitabine/Tenofovir)

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14
Q

originated as a spin-off of Abbott Laboratories

A

AbbVie

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15
Q

ABBVIE PRODUCTS

A

● Humira (Adalimumab)
● Imbruvica (Ibrutinib)

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16
Q

This multinational company focuses on a wide range of disease areas, including oncology, immunology/dermatology, neuroscience, and respiratory. This company is based in Switzerland.

A

Novartis

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17
Q

NOVARTIS PRODUCTS (GGS)

A

● Gleevec (Imatinib mesylate)
● Gilenya (Fingolimod)
● Cosentyx (Secukinumab)

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18
Q

known as MSD (Merck Sharp & Dohme)

A

Merck &Co.

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19
Q

MSD PRODUCTS (GJK)

A

● Gardasil 9 - Human Papillomavirus 9-valent vaccine
● Januvia (Sitagliptin)
● Keytruda (Pembrolizumab)

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20
Q

Janumet

A

Sitagliptin & Metformin

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21
Q

an American multinational company that was established over 130 years ago and has become a staple household name thanks to popular consumer goods like Aveeno, Neutrogena, and Listerine

A

Johnson & Johnson

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22
Q

J&J PRODUCTS

A

● Stelara (Ustekinumab)
● Zytiga (Abiraterone acetate)
● Darzalex (Daratumumab)
● Imbruvica (Ibrutinib)

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23
Q

This French multinational company saw 4.2% revenue growth within its pharmaceutical sector, which contributes 85.44% of the company’s total revenue.

A

Sanofi

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24
Q

SANOFI PRODUCTS (LAL)

A

● Lovenox (Enoxaparin)
● Aubagio (Teriflunomidum)
● Lantus (Insulin glargine)

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25
The Switzerland multinational company develops innovative drugs and devices in a number of key indications, such as oncology, immunology, infectious diseases, and neuroscience
Roche
26
ROCHE PRODUCTS (HAR)
● Herceptin (Trastuzumab) ● Avastin (Bevacizumab) ● Rituxan (Rituximab)
27
The world’s largest multinational pharmaceutical company, headquartered in Connecticut, USA.
Pfizer
28
PFIZER PRODUCTS
● Eliquis (Apixaban) ● Ibrance (Palbociclib) ● Xeljanz (Tofacitinib)
29
Pfizer and BioNTech’s vaccine
Comirnaty
30
First to authorization in the U.S. and first to a full approval. mRNA-based COVID-19 shot
Comirnaty
31
Tx autoimmune diseases and moderate to severe active rheumatoid arthritis
HUMIRA (ADALIMUMAB)
32
Patent drug by AbbVie created competitive opportunities for biosimilars products.
HUMIRA (ADALIMUMAB)
33
Company: Moderna
Spikevax
34
Company: Merck & Co. Diseases: Melanoma, non-small cell lung cancer, head and neck cancer, Hodgkin lymphoma, urothelial carcinoma, gastric cancer and more
PEMBROLIZUMAB (Keytruda)
35
It is produced by Bristol-Myers Squibb (U.S.) and Pfizer (U.S.).
ELIQUIS (APIXABAN)
36
Anticoagulant used in treatment of atrial fibrillation and Deep Vein Thrombosis (DVT).
ELIQUIS (APIXABAN)
37
produced by Celgene (U.S.), for the treatment of multiple myloma
REVLIMID (LENALIDOMIDE)
38
companies: AbbVie, Johnson & Johnson
IMBRUVICA (IBRUTINIB)
39
It is manufactured by Johnson & Johnson (U.S.). This drug is used for treating plaque psoriasis.
Stelara (Ustekinumab)
40
It is produced by Bayer (Germany) and Regeneron Pharmaceuticals (U.S.)
EYLEA (AFLIBERCEPT)
41
Diseases: Wet age-related macular degeneration, diabetic macular edema, diabetic retinopathy, macular edema
EYLEA (AFLIBERCEPT)
42
Company: Gilead Sciences Disease: HIV
bictegrav-emtricit-tenofov ala (Biktarvy)
43
TOP 10 BEST SELLING DRUGS IN 2022
1. Comirnaty 2. Humira (Adalimumab) 3. Spikevax 4. Keytruda (Pembrolizumab) 5. Eliquis (Apixaban) 6. Revlimib (Lenalidomide) 7. Imbruvica (Ibrutinib) 8. Stelara (Ustekinumab) 9. Eylea (Aflibercept) 10. Biktarvy
44
main supplier of raw materials to the pharmaceutical industry
chemical industry
45
cover vast distribution needs of the pharmaceutical industry
Supply chain intermediaries
46
help pharmaceutical industry’s R&D achieve challenging routes of administration
Drug delivery specialist
47
Several experts have suggested the following requirements for an effective globalization:
⬛a.) local expertise ⬛b.) sales capabilities ⬛c.) customer service network ⬛d.) supply base
48
External Influences
Demographic shift Epidemiological changes Changing geopolitics Emerging ethical issues Healthcare system changes Regulatory changes State cost-containment
49
Customer Dynamics
Increased sophistication Increased copayment More health-conscious Consumerism Social changes Patient advocacy movement Negative perception of industry
50
Industry Dynamics
Technology advances Economic pressure Shortage of innovation Diversification Increased rivalry Generic competition Virtualization Consolidation Globalization Integration Pharmacoeconomics Patient expiration Direct-to-consumer marketing
51
The market drivers in the pharmaceutical industry
Major stakeholders
52
____________ stakeholders include every single company employee
Internal
53
Kotler and Clarke (1987) categorize these external stakeholders into three (3) main groups
⬛1. Inputting ⬛2. Mediators ⬛3. Consumers
54
include suppliers, regulators, and politicians
Inputting stakeholders
55
include prescribers, university professors, and other health care professionals who stand between the company and its final customer – the patients
Mediators
56
include not only the patients and their families or advocacy groups, but the media, general public, and competitors too
Consumer
57
Groups are individually identified and characterized according to their type (_____________, ________________, _________________)
influencing, supporting or conflicting
58
Pharmaceutical companies promoting different therapeutic categories come in contact with various physician categories and specialization
Prescribers
59
based on professional rank or title
Categorization criterion
60
Categorization criterion
⬛Entry-level medical resident ⬛Progressing to academic ranks – lecturer ⬛Assistant professor ⬛Full professor
61
Medical service rank
⬛Consultant ⬛Registrar ⬛Senior registrar ⬛Clinic director
62
Professional ranking of physicians creates a ______________________ that is observed and respected in all markets.
hierarchical tree
63
The pyramid of influence
Opinion Leaders (OL) Clinic Directors or Department Heads Medical Specialist General Practitioner (GP)
64
usually full university professors or leaders of medical associations
Opinion Leaders (OL)
65
lead a team of various ranking institutional physicians
Clinic Directors or Department Heads
66
experts in their field following long years of focused training and practice
Medical Specialist
67
General Practitioner is also known as
Pathologist or Family physician
68
come in contact with a large number of diverse medical cases
General Practitioner (GP)
69
The _______________________ describes the ongoing flow of knowledge and influence from the OL all the way to the GP.
pyramid of influence
70
OTHER INFLUENCERS (supporting)
●Pharmacists and other health care professionals (nurses, psychologists, social and rehabilitation workers) ●Supply chain intermediaries (distributors, wholesalers, suppliers) ●Hospital administrators ●External consultants ●Medical sales representatives
71
the pharmaceutical industry is one of the most ____________ government-regulated industrial sector
Regulators
72
provide resources to a healthcare system such as insurances and employers
Financers
73
Their motives are open accessibility for all citizens and employees to health care, fairness, transparency, accountability, and cost-containment.
Financers
74
Involved in decision-making and involvement in the purchase of pharmaceuticals.
Patients
75
Low involvement Routine decision-making
Inertia
76
High involvement Routine decision-making
Brand loyalty
77
High involvement Extended decision-making
Complex
78
Low involvement Extended decision-making
Variety seeking
79
Different Stakeholder Needs Patients
Optimal Care Informed decision Less costs
80
Different Stakeholder Needs Prescribers
Scientific rationale Cost containment
81
Different Stakeholder Needs Opinion Leaders
Maintain Leadership
82
Different Stakeholder Needs Financers
Balance benefits vs costs
83
Different Stakeholder Needs Regulators
Ensure efficacy and safety
84
Top Corporation in the Philippine Pharmaceutical Market, 2014
1. Unilab 2. Pfizer 3. Abbot Laboratories 4. GSK 5. Boehringer ingelheim 6. Sanofi aventis 7. Novartis 8. Roche 9. Merck Sharpe & Dohme 10. Bayer
85
WHAT ARE THE LEADING CAUSES OF MORTALITY IN THE PHILIPPINES?
1. Diseases of the Heart 2. Diseases of the Vascular System 3. Malignant Neoplasms 4. Pneumonia 5. Accidents** 6. Tuberculosis, all forms 7. Chronic lower respiratory diseases 8. Diabetes Mellitus 9. Nephritis, nephrotic syndrome, and nephrosis 10. Certain conditions originating in the perinatal period
86
constitute the major part of a country’s production and marketing effort
Physical goods
87
As economies advance, a large proportion of their activities is focused on the production of services.
Services
88
Marketers promote events. Events can be trade shows, company anniversaries, entertainment award shows, local festivals, health camps, and so on.
Events
89
Marketers create experiences by offering a mix of both goods and services. A product is promoted not only by communicating features but also by giving unique and interesting experiences to customers.
Experiences
90
Due to a rise in testimonial advertising, celebrity marketing has become a business.
Persons
91
Place marketers are largely real estate agents and builders. They are using mega events and exhibitions to market places
Places
92
Properties can be categorized as real properties or financial properties. Real property is the ownership of real estates, whereas financial property relates to stocks and bonds. Properties are bought and sold through marketing.
Properties
93
The organization’s goodwill promotes trust and reliability. The organization’s image also helps the companies in the smooth introduction of new products.
Organizations
94
The production, packaging, and distribution of information is a major industry.
Information
95
Every market offering includes a basic idea. Products and services are used as platforms for delivering some idea or benefit. Social marketers widely promote ideas.
Idea
96
General Concepts and scope of Marketing
1. Goods 2. Services 3. Events 4. Experiences 5. Persons 6. Places 7. Properties 8. Organizations 9. Information 10. Idea
97
Focuses on CUSTOMER needs
MARKETING
98
Begins BEFORE production
MARKETING
99
Continues after sale
MARKETING
100
COMPREHENSIVE term in terms of meaning
MARKETING
101
Philosophy of Business
MARKETING
102
Profits through CUSTOMER SATISFACTION
MARKETING
103
Let the SELLER be aware
MARKETING
104
INTEGRATED approach
MARKETING
105
LONG-TERM perspective
MARKETING
106
CUSTOMER first then product
MARKETING
107
Focuses on SELLER needs
SELLING
108
Begins AFTER production
SELLING
109
Comes to an end with sale
SELLING
110
NARROW term in terms of meaning
SELLING
111
Routine day to day physical process
SELLING
112
Profits through SALES VOLUME
SELLING
113
Let the BUYER be aware
SELLING
114
FRAGMENTED approach
SELLING
115
SHORT-TERM perspective
SELLING
116
PRODUCT first then customer
SELLING
117
Marketing Environment
Macro Micro Internal