If we put ourselves in the shoes of patients, what would we – as our ‘pharma selves’ – want to be thinking about?

As we move from the shoes of patients to putting on healthcare professional thinking caps, I wonder how different the questions from the patients would be.

We have examined the three more traditional stakeholder groups, but as we think about future LCM, we need to also look at defining, categorising, and considering emerging stakeholders, such as digital patient champions, new sources of insurance or funding, different health delivery models, good incentive-based health management, and more.

Adopting varied perspectives on health management can benefit a wider range of people

Most of us will work across the main lifecycle stages of a product at some point in our careers. We will experience the excitement (and exhaustion!) of a launch brand, the competitive challenge of a growing brand, the strategic complexity of a more established brand and the nervous anxiety of an end-of-exclusivity brand. Some of us will also have the opportunity to work on the early strategy of an asset, experiencing the brain ache of predicting what the world will look like in several years’ time when the asset comes to market. Others will work in the generics space, juggling 30 brands at a time and managing pricing very intently.

Robust lifecycle management (LCM) provides many advantages to benefit teams, as they take a longer-term view of the pharma brands and portfolios they are steering.

There is much written about the management of brands across the key lifecycle phases, but I wonder: when taking a longer-term lifecycle management approach to brand planning and strategy, to what extent are we thinking more broadly and adapting the strategies of these critical lifecycle management time points, with a deeper understanding of our stakeholders’ needs?

A good starting point would be to run future thinking sessions about the evolution of disease management, the future of healthcare, disruptive forces and technologies and how these will impact patients, healthcare professionals and payers in the one- to two-, three- to five- and five- to ten-year horizon. Once mapped, we can interpret these in the context of future innovation opportunities, capabilities needed and future potential partners.

We are then in the position to consider each key stakeholder group in turn, focusing first on patient-centricity across the lifecycle. If we put ourselves in the shoes of patients, what would we – as our ‘pharma selves’ – want to be thinking about? The list might read something like this:

If we, with our patient shoes on, look at LCM, we can see many areas where we would ask different questions to drive different strategies and solutions.

As we move from the shoes of patients to putting on healthcare professional thinking caps, I wonder how different the questions from the patients would be. Maybe wanting to know more about a mix of ‘what’ is coming together with ‘how’ clinicians need to be ready, a greater understanding of new potential molecules in the pipeline, and also how clinicians should be thinking and planning for changes in clinical practice as disease management changes.

At the launch of a new treatment, with our healthcare professional caps on, we might be asking for:

As we work through the classic list of our core stakeholders, let us not neglect payers. Let’s assume we have taken off the patient shoes and healthcare professional caps and donned payer cloaks. What would we, as payers, be asking our ‘pharma selves’ for? First up would be a need for effective and transparent horizon scanning. In most cases, this does already happen, but as a payer, I would want to know more about the impact of the type of care I would need to plan for. Does this new entrant mean I will be paying for community-based care when my current budgets are locked in secondary care-based clinics? How should I be planning for multiple new options in previously neglected disease areas?

If we move on to the launch stages, my payer self would be interested to know more about:

This article has examined the three more traditional stakeholder groups, but as we think about future LCM, we need to also look at defining, categorising and considering emerging stakeholders, such as digital patient champions, new sources of insurance or funding, different health delivery models, good incentive-based health management and more.