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ADDED-VALUE- Pre-Summit Half-day Workshop: Wednesday 24th October

"New Product Forecasting in Pharma"

The inherent uncertainty of the business environment complicates planning and

coordination of essential business functions. Understanding fundamental market drivers

and their influence in shaping product demand is integral to good business planning and

full utilization of company resources.

ZS Associates has developed customized forecasting tools and processes to serve our

clients in more than 100 engagements, and now offers training sessions to provide our

clients with the knowledge and tools to enhance their forecasting capabilities.

 

About the program

New product forecasting in Pharma is a half-day training program designed for

Pharma executives with responsibility for developing forecasts. It will provide

participants with the principles and tools essential for a good forecast. Individuals who

work in market research, strategic planning, and product management are the key

stakeholders in a forecast development process and will benefit from a comprehensive

understanding of the process and their role in making a successful forecast.

 

New Product Forecasting

  • Introduction and developing a disease model
  • Patient-based forecasting vs. trend-based forecasting
  • Forecasting approaches and product lifecycle
  • Tackling historical Rx reconciliation
  • Capturing market dynamics with patient flow modeling
  • Market environment (e.g. aging population, WHI, etc)
  • Competition
  • Product uptake and erosion curves, selection of analogs
  • Conversion from patients to revenue
  • How to use market research to support forecasts

Art Cook , Principal , ZS associates

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