Using Targeted Market Research to Improve Future Adoption of Cell and Gene Therapies
Using Targeted Market Research to Improve Future Adoption of Cell and Gene Therapies
The Cell and Gene Therapy (CGT) commercial landscape is evolving rapidly. There are more than 1,400 CGT developers worldwide, with over 2,200 clinical trials underway, many of which will hit the U.S. market within the next few years. These products are likely to be both operationally complex and expensive.
Who? The role of clinicians in the ultimate commercial success of CGTs diminishes once the decision to treat has been made. However, hospital administrators, pharmacy directors, nursing staff, Cell Lab managers, and CGT program directors are essential to making CGTs work in the real world. Be sure to understand the concerns of these stakeholders, as they will be responsible for the day-to-day management of your product’s logistics, reimbursement, financial viability, and patient coordination.
Where? Geography matters when it comes to hospital care delivery. Expect significant differences between how hospitals in Europe and the U.S. manage a CGT. Additionally, hospitals in California, Illinois, and New York manage aproducts even more particularly. The same is true in hospitals located in different European countries.
Why? Every product has unique attributes that must be considered in commercial planning. If a product is shipped and stored on LN2, it may have a long administration timeline, or the preparation requires a particular skill. What may seem insignificant in clinical development may be critically important in a commercial setting, or vice versa. Exploring the details of potential problem areas will ensure no surprises when it’s too late to make significant changes to the product design (e.g., packaging) or planning.
Where? Geography matters when it comes to hospital care delivery. Expect significant differences between how hospitals in Europe and the U.S. manage a CGT. Additionally, hospitals in California, Illinois, and New York manage aproducts even more particularly. The same is true in hospitals located in different European countries.
How? Identifying the variations in how a product journey has been designed versus how it will work in the real world is essential. Collaborating with key individuals at hospitals to map the flow – from product ordering and receipt to preparation and administration – can help uncover any nuances between working assumptions and reality.
Hospital market research can be a game-changer for CGTs preparing for commercial success, especially as the market expands. If finding the right people and asking the right questions seems impossible, don’t fret. Archbow is in a position to quickly and effectively engage with these institutions on your behalf. Our experienced team understands CGTs and knows how to ask the right questions of the right people in the right ways. Contact us today to get started.
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Archbow Consulting helps pharmaceutical and biotech companies in the USA and Europe design, build, and optimize product distribution and patient access strategies. Archbow was founded by industry veterans to meet a need in the marketplace for consulting options that offer diverse real-world experience, are able to leverage deep connections across the industry, and can also provide actionable strategic guidance. We invite you to learn more about our team, services, and clients’ success, and connect with us via email, LinkedIn or subscribing to this blog which you can do below.
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