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Brand Differentiation
                                    in the          Pharmaceutical Industry
                                            Could these restrictions be used for          brand’s point of difference and eliciting
                                            a client’s advantage?                         the desired behaviour. The tonality and
                                                                                          content of professional communications
                                            Many of the rules and regulations have        have to be carefully guided, while
                                            been in place for years, since before         factoring in the specific needs to
                                            new media channels came along. The            communicate a clear message that will
                                            real issue is that some of these rules are    resonate in a respectful manner.
                                            ambiguous and often misinterpreted.
                                                                                          Can you share one of your success
                                            As an agency, it is important for us to       stories?
                                            understand the organisation’s internal
                                            policies and appreciate their appetite for    A case that comes to mind involved an
                                            risk. Our job is to make clear                anti-seizure medication for epilepsy that
Interview with: Robert Finkel,              re co m m e nd a t io n s t ha t are a l so   we were trying to introduce into a
Principal & Chief Creative Officer,         actionable. We try to balance the             crowded market that at the time was
Kane     &  Finkel   Healthcare             company’s needs with the brand team’s         largely satisfied.
Communications                              desires to push the boundaries for how
                                            best to communicate with its target           The drug’s obvious point of difference
                                            audience.                                     was not the most compelling reason for
One      important        aspect       of                                                 physicians to prescribe it. In fact, it was
pharmaceutical marketing and                                                              reason not to use this treatment – a big
communications is about understanding                                                     dilemma. Nevertheless, the client had
the internal policies of companies and
their risk appetite, and pushing the
                                                Sometimes                                 first instructed us to emphasise the
                                                                                          unique delivery system. From our
boundaries as far as they are
comfortable seeing them go,” says
                                              we need to look                             experience we know that mechanism of
                                                                                          action is generally a reason to believe,
Robert Finkel, Principal & Chief Creative
Officer, Kane & Finkel Healthcare
                                            beyond the confines                           but not a reason to prescribe. Our
                                                                                          recommendation was to create a
Communications.
                                                 of product                               compelling point of difference that we
                                                                                          could capitalise on. This was a drug that
From a healthcare advertising agency at
the upcoming marcus             evans
                                               characteristics                            could work in the body much faster than
                                                                                          other drugs, so we focused on the
PharmaBrand Summit 2012, Finkel
discusses the restrictions in the
                                             and clinical results                         outcome that would be jeopardised if a
                                                                                          seizure was not treated quickly enough:
pharmaceutical marketing and                                                              morbidity and mortality for the patient,
branding space, and how to overcome                                                       and higher costs to the healthcare
them creatively.                                                                          organisation that would have to deal
                                                                                          with the complications of an
What does your slogan “Creative             How does your approach to                     uncontrolled seizure. This new drug was
thinking in a chaotic world” mean?          pharmaceutical product marketing              the answer to an unrecognised and
                                            differ?                                       unmet need.
As the healthcare communications
industry is highly regulated,               We have designed a disciplined                We discovered the way to communicate
pharmaceutical marketers are                communication process that takes into         an altogether different value proposition
required to exercise an unprecedented       account the need to educate while             that had far greater appeal. In essence,
level of strategic thinking to support      promoting a product. There are times          we first needed to change physicians’
their creative execution. With so many      when we need to help our clients              attitudes and belief systems, which
restrictions on what can be said or         understand the behavioural science            ultimately impacted their prescribing
done, creat ivity is r e quired to          aspects of communicating with an              behaviour.
circumvent the sea of sameness in order     audience, how to invite interest and
to differentiate a brand.                   motivate change, rather than                  This taught us an important lesson -
                                            manipulate behaviour. It is a delicate        that sometimes you need to look
In addition, problems must be solved in     operation.                                    beyond the confines of product
a practical way, steering clear of what                                                   characteristics and clinical trial results,
may be disallowed by organisational and     Not surprisingly, it is not always a          to find the driving reasons to prescribe.
external regulatory bodies.                 straight line between communicating a         We simply needed to tell the right story.
About the PharmaBrand Summit 2012
  The      Marketing     Network         –
  marcus evans Summits group                  Offering much more than any conference, exhibition or trade show, this exclusive
  delivers peer-to-peer information           meeting will bring together esteemed industry thought leaders and solution
  on strategic matters, professional          providers to a highly focused and interactive networking event. The Summit
  trends       and      breakthrough          includes presentations and discussion panels on the future of healthcare, digital
  innovations.                                marketing and stakeholder engagement that bring insight from pharma, medtech
                                              and biotech marketers, payer and patient perspectives, as well as out-of-industry
                                              case studies.


                                              www.pharmabrandeurope.com



                                                 Contact
  Please note that the Summit is a
  closed     business   event     and   the      Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus            evans, Summits

  number      of   participants    strictly      Division

  limited.
                                                 Tel:       + 357 22 849 313
                                                 Email:     press@marcusevanscy.com


                                                 For more information please send an email to info@marcusevanscy.com

                                                 All rights reserved. The above content may be republished or reproduced. Kindly
                                                 inform us by sending an email to press@marcusevanscy.com



About Kane & Finkel Healthcare Communications

Kane & Finkel (K&F) is a global healthcare brand communications firm specialising in marketing pharmaceuticals, biotech, medical
device, and diagnostic brands. With offices in London and San Francisco, K&F is well established among the top, independently
owned agencies in the world. Rooted in behavioural and communications science, K&F merges strong creative perspective and no-
nonsense business objectives with the goal of driving measurable results that strengthen brand equity and drive growth.


For more information: www.kaneandfinkel.co.uk


About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings.


For more information, please visit: www.marcusevans.com


Upcoming Events

B2B Marketing Summit - www.b2bmarketing-summit.com


B2C Marketing Summit - www.b2cmarketing-summit.com


CMO Asia Summit - www.cmoasiasummit.com


CMO Summit (Australia & New Zealand) - www.cmoanzsummit.com


PharmaMarketing Summit (North America) - www.pharmamarketingsummit.com



To view the web version of this interview, please click here: www.pharmabrandeurope.com/RobertFinkel

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Brand Differentiation in the Pharmaceutical Industry

  • 1. Brand Differentiation in the Pharmaceutical Industry Could these restrictions be used for brand’s point of difference and eliciting a client’s advantage? the desired behaviour. The tonality and content of professional communications Many of the rules and regulations have have to be carefully guided, while been in place for years, since before factoring in the specific needs to new media channels came along. The communicate a clear message that will real issue is that some of these rules are resonate in a respectful manner. ambiguous and often misinterpreted. Can you share one of your success As an agency, it is important for us to stories? understand the organisation’s internal policies and appreciate their appetite for A case that comes to mind involved an risk. Our job is to make clear anti-seizure medication for epilepsy that Interview with: Robert Finkel, re co m m e nd a t io n s t ha t are a l so we were trying to introduce into a Principal & Chief Creative Officer, actionable. We try to balance the crowded market that at the time was Kane & Finkel Healthcare company’s needs with the brand team’s largely satisfied. Communications desires to push the boundaries for how best to communicate with its target The drug’s obvious point of difference audience. was not the most compelling reason for One important aspect of physicians to prescribe it. In fact, it was pharmaceutical marketing and reason not to use this treatment – a big communications is about understanding dilemma. Nevertheless, the client had the internal policies of companies and their risk appetite, and pushing the Sometimes first instructed us to emphasise the unique delivery system. From our boundaries as far as they are comfortable seeing them go,” says we need to look experience we know that mechanism of action is generally a reason to believe, Robert Finkel, Principal & Chief Creative Officer, Kane & Finkel Healthcare beyond the confines but not a reason to prescribe. Our recommendation was to create a Communications. of product compelling point of difference that we could capitalise on. This was a drug that From a healthcare advertising agency at the upcoming marcus evans characteristics could work in the body much faster than other drugs, so we focused on the PharmaBrand Summit 2012, Finkel discusses the restrictions in the and clinical results outcome that would be jeopardised if a seizure was not treated quickly enough: pharmaceutical marketing and morbidity and mortality for the patient, branding space, and how to overcome and higher costs to the healthcare them creatively. organisation that would have to deal with the complications of an What does your slogan “Creative How does your approach to uncontrolled seizure. This new drug was thinking in a chaotic world” mean? pharmaceutical product marketing the answer to an unrecognised and differ? unmet need. As the healthcare communications industry is highly regulated, We have designed a disciplined We discovered the way to communicate pharmaceutical marketers are communication process that takes into an altogether different value proposition required to exercise an unprecedented account the need to educate while that had far greater appeal. In essence, level of strategic thinking to support promoting a product. There are times we first needed to change physicians’ their creative execution. With so many when we need to help our clients attitudes and belief systems, which restrictions on what can be said or understand the behavioural science ultimately impacted their prescribing done, creat ivity is r e quired to aspects of communicating with an behaviour. circumvent the sea of sameness in order audience, how to invite interest and to differentiate a brand. motivate change, rather than This taught us an important lesson - manipulate behaviour. It is a delicate that sometimes you need to look In addition, problems must be solved in operation. beyond the confines of product a practical way, steering clear of what characteristics and clinical trial results, may be disallowed by organisational and Not surprisingly, it is not always a to find the driving reasons to prescribe. external regulatory bodies. straight line between communicating a We simply needed to tell the right story.
  • 2. About the PharmaBrand Summit 2012 The Marketing Network – marcus evans Summits group Offering much more than any conference, exhibition or trade show, this exclusive delivers peer-to-peer information meeting will bring together esteemed industry thought leaders and solution on strategic matters, professional providers to a highly focused and interactive networking event. The Summit trends and breakthrough includes presentations and discussion panels on the future of healthcare, digital innovations. marketing and stakeholder engagement that bring insight from pharma, medtech and biotech marketers, payer and patient perspectives, as well as out-of-industry case studies. www.pharmabrandeurope.com Contact Please note that the Summit is a closed business event and the Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits number of participants strictly Division limited. Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Kane & Finkel Healthcare Communications Kane & Finkel (K&F) is a global healthcare brand communications firm specialising in marketing pharmaceuticals, biotech, medical device, and diagnostic brands. With offices in London and San Francisco, K&F is well established among the top, independently owned agencies in the world. Rooted in behavioural and communications science, K&F merges strong creative perspective and no- nonsense business objectives with the goal of driving measurable results that strengthen brand equity and drive growth. For more information: www.kaneandfinkel.co.uk About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events B2B Marketing Summit - www.b2bmarketing-summit.com B2C Marketing Summit - www.b2cmarketing-summit.com CMO Asia Summit - www.cmoasiasummit.com CMO Summit (Australia & New Zealand) - www.cmoanzsummit.com PharmaMarketing Summit (North America) - www.pharmamarketingsummit.com To view the web version of this interview, please click here: www.pharmabrandeurope.com/RobertFinkel