How to Improve Your Drug’s Formulary Placement
We are organizing a webinar on “How to Improve Your Drug’s Formulary Placement,” which will primarily focus on current trends in commercial formularies and provide strategic recommendations for improved drug access. The webinar will be conducted on June 11, 2024, at 12:00 pm ET | 9:00 am PDT | 6:00 pm CEST.
The formulary system aims to ensure the safety, efficacy, and cost-effectiveness of medications with improved patient outcomes, facilitating healthcare providers in selecting appropriate drugs and discussing available alternatives with patients. These factors are critical to determining the placement of a drug on a formulary. A comprehensive evaluation process is followed to determine the drug’s inclusion in the list of approved medications for prescription within a specific healthcare system or under a particular health insurance policy. The journey to improving a drug’s formulary placement entails a deep understanding of the market landscape, tracking coverage details, and optimizing strategies to secure a favorable position.
Meet our expert, Mukul Sarwal, who boasts extensive experience in business research and advisory consulting and provides invaluable support to major healthcare and pharmaceutical firms. He has assisted clients with market and opportunity assessment, competitive intelligence, pipeline assessment, market entry strategy, go-to-market strategy, and competitive intelligence. His expertise lies in deciphering complex market trends and strategizing critical business operations, serving as a trusted advisor.
Curious about what this insightful webinar brings for you?
This webinar will unfold opportunities for various key stakeholders to fully understand the nuances of market access and secure a favorable formulary position from the start. What factors drive formulary placement, and how do utilization restrictions impede access? Our speaker will provide an in-depth understanding of the benefits landscape, tracking some coverage and restriction details and monitoring the key formulary changes. Pharmaceutical companies can enhance their drug’s formulary placement and ensure better access for patients by staying informed, analyzing data, and engaging with stakeholders effectively.
Register now to secure your spot at the insightful webinar on improving drug formulation placement by filling out the form below or emailing us at contact@iebrain.com.