KOL Relationship & Brand Building in Pharma Marketing
anjalimakhijani4
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15 slides
Nov 30, 2021
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About This Presentation
Key Opinion Leaders (KOLs) in Pharmaceutical Context are the clinical experts who can play a critical role in influencing the opinion and clinical practice of their peers and also the healthcare organizations. Thus it is important to have KOL Management as a part of the Marketing strategy.
KOL Man...
Key Opinion Leaders (KOLs) in Pharmaceutical Context are the clinical experts who can play a critical role in influencing the opinion and clinical practice of their peers and also the healthcare organizations. Thus it is important to have KOL Management as a part of the Marketing strategy.
KOL Management is a continuous process that involves identifying the right experts who are interested and aligned with your brand/molecule, profiling their key strengths and segmenting them according to their positions, mindset and collaboration preferences etc.
Involving KOLs throughout the product lifecycle helps in instant feedback, building long-term relationships and customer loyalty in a long run.
Size: 3.88 MB
Language: en
Added: Nov 30, 2021
Slides: 15 pages
Slide Content
KOL Relationship Management and It’s importance in Pharma Marketing Anjali Makhijani Bsc -Biotech, MBA- Healthcare Management Asst. Manager- Medico-Marketing
A key opinion leader (KOL) is a trusted, well-respected influencer with proven experience and expertise in a particular field. Definition- Key Opinion Leaders Physicians with rich experience of 25 or more years Super specialists, like Endocrinologists, Diabetologists, Cardiologists etc. with expertise in their area
Professor of a medical institute Spoken at a national conference or event Published their research in a medical journal Participated in a significant number of clinical trials Held a position as a board member within a respected organization Treated or diagnosed a high volume of patients in a single specialty area Characteristics of a KOL
Dr. V. Mohan MBBS, MD, Ph.D , D. Sc., FRCP Academic Positions: Adjunct Visiting Professor - Hubert Department of Global Health, Rollins School of Public Health, Emory University, Atlanta, USA Adjunct Associate Professor- University of Ulm, West Germany Visiting Professor- Department of Medical Research, SRM, Medical College Hospital & Research Centre Chennai PhD Supervisor- Sastra University, Thanjavur, Tamil Nadu, India Publications: Over 1350 Publications- Includes 878 original research articles in peer reviewed journals Over 1,36,000 citations with a h-index of 137. 309 review articles and invited editorials and 170 chapters in text-books on Diabetes and Internal Medicine published in India and abroad. Books Published: MVDSC Handbook of Diabetes Mellitus Dr. Mohan’s MVDSC Handbook of Diabetes Mellitus World Clinics Diabetology: Type 2 Diabetes Mellitus Current Trends in Diabetes: Focus on South Asians
Medical Organisations/Bodies associated with: Past Chairman, RSSDI Research Committee, Research Society for Study of Diabetes in India (RSSDI) Member, Advisory Board , SRM School of Public Health, Chennai Past President , Diabetes in Asia Study Group (DASG) WHO Temporary Adviser , Consultation on Diagnosis of Diabetes Mellitus and related disorders of glucose metabolism, Geneva. Awards/Recognitions: Dr.R.V .Sathe Award for research in Diabetes.(Diabetes Association of India). Indian Medical Association - Tamil Nadu State Branch Award Medirock 2005 by IMA, Vellore Life Time Achievement 2012 by Indian Medical Association , Pondicherry State Branch, Puducherry Dr. B.R. Ambedkar Centenary Award for Excellence in Biomedical Research by Indian Council of Medical Research (ICMR), New Delhi Dr.B.C . Roy National Award by the Medical Council of India, New Delhi Padmashri Binode Kanungo Gold Medal Oration Award during National Update on Clinical Diabetes (NUCD) 2016
Role of a Key Opinion Leader (KOL) in Pharmaceutical Industry Research & Discovery Identifying unmet medical needs Proposing Research Areas Identifying Pharmacological goals Instigating their own clinical trials Clinical Trials Phase II & III Assist in the design of the Clinical Trial Provide advice on product profiling & labelling Advocacy Advice on the approval process Provide information on the drug benefits Presentation of trial results Conducting their own studies & presenting results Product Awareness & Building Product awareness Publications and Lectures Medical education programmes Contribute to patient management
Example of Successful KOL Engagement Dr. Shashank R. Joshi is an Indian endocrinologist, diabetologist and medical researcher , considered by many as one of the prominent practitioners of the trade in India World’s first approved dual PPARA- Lipaglyn TM ( Saraglitazar ) Involvement of KOL in the Phase III Trial
Example of Successful KOL Engagement Developing Brand Advocacy by group of KOLs World’s first approved dual PPARA- Lipaglyn TM ( Saraglitazar ) Involvement of Cardiological Society of India
Example of Successful KOL Engagement Product Awareness & Brand Building World’s first approved dual PPARA- Lipaglyn TM ( Saraglitazar ) Editorial by KOL to Create Brand Awareness
Example of Successful KOL Engagement Proposing New Research Areas and Positioning World’s first approved dual PPARA- Lipaglyn TM ( Saraglitazar ) Poster Presentation, Abstract Prsentation - AACE, ADA: Saraglitazar in NASH
Benefits to Pharma
Different Types of KOL Engagement Activities Medical Advisory Board Meetings Speaker Training Programs Peer-to-peer presentation Clinical Trials Disease Awareness
KOL Marketing Vs Influencer Marketing KOL Marketing Influencer Marketing Preferable to have Experts from the same therapy area, field, expertise as the molecule/brand Not necessary to have Experts from the same therapy area, field, expertise as the molecule/brand Involvement throughout the product lifecycle Ad hoc, as per the need of the promotional strategy Dominate the Leadership mindspace Many other companies approaching the same experts for different activities- Leadership Mindspace is not developed Tangible outcomes and Business Generation from the engaged experts in the long term May only give brand visibility but Tangible outcomes are not guaranteed