Questions for the Harvard case “Metabical: Pricing, Packaging, and Demand Forecasting for a New Weight-Loss Drug” For March 20, write responses to the following questions for the Metabical case. 1) How is Metabical different from the existing weight-loss options? How is it better or worse than the other options? Metabical is the first prescription drug approved specifically for overweight individuals (BMI between 25 and 30), those individuals who have weight-loss goals of approximately 10 to 30 pounds; other prescription weight-loss drugs were approved for use in both obese (BMI >30) and severely obese (BMI>40) individuals. Metabical is a dual-layer formulation: the first layer contained an appetite suppressant and …show more content…
Test trials suggested that 60% of the first-time users would repurchase a second supply and 20% of these would finish the program. This might be a weakness because those are really small percentages, believing that only 20% would finish the program might be a negative fact for the product and the company. 3) What factors should be considered when making decisions about the size of the package (the number of pills to include)? What package size would you recommend? The factors that should be considered when making decisions about the size of the package are: + Duration of the treatment (Metabical was approved to be a 12-week treatment plan) + To be effective, the drug had to be a constant presence in the blood stream, so the optimal package would be a days-of-the-week package similar to birth control, this for easily keep track of dosing by seeing each pill and its corresponding day of the week. + The price should be considered too, because a 12-week price tag may be out of reach for many individuals to pay at the outset. So what we recommend is to divide the treatment in three, so the package would be sold as a monthly treatment. In this way, people won’t quit the treatment and it would be a comfortable price to pay. 4) What different factors does Printup use to identify an appropriate price for a package of Metabical? What
In 2008, a marketing and positioning strategy was needed for Cambridge Sciences Pharmaceutical’s (CSP) new weight loss drug called Metabical. Metabical was touted as being a revolutionary weight loss drug with fewer negative side effects than the usual medicinal weight loss remedies.
Dosages of the drug vary from one extreme to another based upon the patients needs.
5. Predict: How often do you think the patient should take a pill? Every 2 to 4 hours
Ensures all the pills are separated into the correct times as well as days. And
Since Metabical is a prescription drug for weight loss which can only be bought via a prescription, the overweight patients are not the only decision makers involved. The health care providers are also decision makers in this process for they are the ones who prescribe the drug.
Dostinex medication dose depends on a number of factors, for example, the condition being treated and how a patient reacts to the initial dose of the medication. When used to prevent normal lactation, the dose given is 1 mg taken on the first day after delivery. As for the prolactin disorder, the starting dose is 0.5 mg weekly. If need be, increments may be done by 0.5 mg weekly, till a maximum dose of 2 mg is attained and the dosage should be increased after every four
Please be advise to consume only one pill every six hours, two times a day. High-risk of multiple pregnancy will occur, if consuming more than the recommended
b.ii. The dosage will depend on the age, weight, and other health issues of the person.
The problematic issue for Bristol-Myers was to position its new aspirin drug to the potential customers and decide a good price which can not only make it acceptable by the customers, but also give a fair profit to the company. In other words, the company had to formulate an effective marketing and promotional strategy for its new drug, Datril. The company was not merely willing to establish its new brand in the analgesic market; the main issue was to establish this new brand in the presence of a strong competitor, Tylenol.
Patients randomized to Rituximab will receive 400 mg intravenously (IV) every 3 weeks up to 12 months. Patients randomized to standard of care for chemotherapy will receive treatment per the Physician’s choice and recommended dosage. All patients will be followed for up to 24 months after last dose of study medications or until death. Overall response rate (ORR), progression-free survival (PFS), overall survival (OS) and clinical benefit will be determined.
For example, Vedula (2012) notes that FDA guidelines state pharmaceutical companies can use peer-reviewed articles to publicize evidence of a drug’s effectiveness for off-label uses, as long as a number of conditions are met—perhaps the most essential of which is that “the information disseminated must not be false or misleading.” However, Vedula continues, there is no unyielding regulation that all research findings have to be published. Therefore, a company can still choose to selectively disseminate favorable findings. His article concludes that there is now a copious amount of evidence that suggests selective reporting of study results, based on the strength and direction of findings, is performed extensively by the pharmaceutical industry.
There are several considerations to take into account when deciding on a package account. Printup concluded that Metabical was most effective for 12 weeks. This meant consumers taking Metabical would be most satisfied with their results if they were consistently committed to taking the pill on a daily basis. If the individual missed a day, he or she would not yield long-lasting results and most likely regard the drug as a failure. Printup also had to consider that there was enough for individuals to take a pill a day without forgetting or skipping a day. In order to do so, Printup believed designing a package similar to birth control pills so consumers
budget for production costs and expenses, and for changing the curent portion packs. There are two
2000mg/day. If doses >2000mg/day are required, give in 3 divided doses (not to exceed 2500mg/day)
What are the factors deciding packaging count decisions? How many tablets in a packet of drug? What should be the pricing strategy?