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Best Practices, LLC Strategic Benchmarking Research
Best Practices in Developing Top-Tier Medical
Affairs Capabilities, Creating Impact Measures
and Improving Globalization
1
Table of Contents
 Executive Summary pp. 3-11
 Research Overview pp. 3
 Participating Companies pp. 4
 Key Recommendations pp. 5
 Segments & Abbreviations pp. 6
 Key Findings & Insights pp. 7-11
 Metrics for MA Activities to Show the Success
to Stakeholders pp. 12-26
 Communicating the Valueof Medical Affairs pp. 27-33
 Coordinating the Global Medical Affairs Function pp. 34-43
 Managing Compliance and Information Exchange pp. 44-49
 Benchmark Class pp. 50-52
 Participant Demographics pp. 53-57
 About Best Practices, LLC pp. 58-59
2
Field Research & Insight Development:
Twenty Nine survey responses from Medical Affairs
leaders at 26 biopharmaceutical companies within
the mature markets. This report captures insights
on both Large and Mid-Size as well as Small
companies segments.
Additional deep-dive interviews with 5 selected
Medical Affairs executives- 4 VPs and 1 Sr. Medical
Affairs Leader.
Provide Leading Insights on:
• Identifying the critical
requirements to create
effective global capabilities
• Defining and communicating
strong Medical Affairs metrics
for success
Research Objectives & Methodology
Research Objectives:
 Illustrate how leading Pharma and Biotech companies structure and organize their global
Medical Affairs capabilities
 Highlight strategies for building and maintaining effective reporting structures for global
organizations
 Understand challenges in creating successful Medical Affairs organizations
 Identify drivers of strong performance metrics
 Explore critical strategies to showcase Medical Affairs’ value to executives and other internal
stakeholders
Business Objective:
This research delivers current data, insights and best practices from Medical Affairs leaders at top biopharmaceutical
companies. The benchmark data in this study will help companies find better ways to create and communicate strong
performance metrics and develop a successful global Medical Affairs organization.
3
Universe of Learning: Research Participants from 2014 Study
This study engaged 29 executives from 26 leading life sciences companies. Segmentation analysis was key to examining trends
and effective practices. 11 participants make up the Large Companies Segment, while the Mid-Size Companies Segment
consists of 10 participants and Small Companies Segment consists of 8 participants.
Benchmark Class
4
Universe of Learning: Research Participants from 2014 - 2015 Study
-- 29 executives from 26 leading life sciences companies --
• 11 participants make up the Large Companies Segment
• 10 participants make up the Mid-Size Companies Segment
• 8 participants make up the Small Companies Segment
Benchmark Class - 2014
5
Large Companies
(Revenue > $10 Billion US in 2013)
Mid-Cap Companies
($1-10 Billion US in 2013)
Small-Cap Companies
(< $1 Billion US in 2013)
BUILD
POWERFUL
COMMUNICATION
CREATE
EFFECTIVE
METRICS
CREATE A
STRONG
REPORTING
STRUCTURE
Successful Medical Affairs organizations have powerful internal and external communication, define
clear objectives for metrics, overcome local differences to build effective global capabilities, and
create a strong reporting structure to succeed globally.
 Strong Medical Affairs organizations develop powerful internal and
external communication tools and methods.
 Best communication comes from identifying the right channel and time to
deliver information, as well as providing relevant data for internal and
external stakeholders.
 Creating effective metrics is achieved via three steps:
 Understanding internal and external needs
 Defining clear objectives
 Planning initiatives and targets
 To create a strong reporting structure companies must understand the
local vs. global contribution on several MA activities and build
communication strategies accordingly.
High-Level Key Findings for the Medical Affairs Function
6
Segments and Abbreviations
Segments
• Large Companies Segment (LCS):
LCS is defined as companies with
>$10B annual revenue.
• Mid-Size Companies Segment
(MCS): MCS is defined as
companies with $1B-$10B annual
revenue.
• Small Companies Segment (SCS):
SCS is defined as companies with
<$1B annual revenue.
Abbreviations
• KOL: Key opinion leader
• MedEd: Medical education
• MSL: Medical science liaison
• TL: Thought leader
• TLM: Thought leader management
• MA: Medical Affairs
• TA: Therapeutic Areas
7
Key Findings & Insights: Metrics for Medical Affairs Activities
 Scientific Publication Metrics: Sixty percent of the benchmark class thinks that % publications in top-tier journals is
a highly effective metric. In addition, more than 40% of the participants agree that % papers and publications
accepted is highly effective to evaluate scientific publication performance.
 Segments: We observed an important difference in perceived effectiveness of % publications in top-tier
journals between MCS and the rest of the benchmark class. While one thirds of MCS doesn’t find this
metric effective, rest of the benchmark class thinks that % publications in top-tier journals is highly
effective or effective to measure their publication performance.
 Global Coordination: More than 80% of the benchmark class employs a bottom-up reporting approach for the
activities related to payers and providers, such as medical education, field-based medical team operations, and
thought leader management. Although some of the interviewees think that developing a top-down approach is ideal
to avoid compliance issues and promote better communication for payer and provider related activities, local
differences such as, language, culture and regulations force companies to employ a bottom-up approach for these
activities.
 Segments: Global reporting approach to Medical Affairs resources allocation is significantly different
across segments. While 88% of the LCS employs a bottom-up approach, only 50% of the MCS & SCS
has a similar approach for this activity.
The following key findings and insights emerged from this study.
8
42%
26%
60%
23%
27%
50%
63%
28%
50%
46%
26%
4%
4%
4%
4%
8%
30%
4%
7%
8%
23%
19%
44%
% Papers or publications accepted
Number of works submitted
% Publications in top-tier journals
Publishing deadlines met
Time to publication
Number of reprints ordered
Effectiveness of Scientific Publications Metrics
Higly Effective Effective Not Effective Do Not Use
N=25-27
A majority of the companies find % publications in top-tier journals a highly effective metric. In addition, 42% thinks % papers or
publications accepted highly effective for communicating Medical Affairs’ success.
Scientific Publications Metrics: Please rate the effectiveness of the following metrics in
communicating the value and success of your Medical Affairs organization to stakeholders.
Majority Finds % Publications in Top-Tier Journals Highly Effective
Scientific
Publications
% Respondents
9
92%
89% 88%
73% 73%
26%
100%
80%
100%
70%
80%
20%
89% 89%
67%
89%
67%
33%
86%
100% 100%
57%
71%
33%
% Papers or
publications accepted
Number of works
submitted
% Publications in top-
tier journals
Publishing deadlines
met
Time to publication Number of reprints
ordered
Scientific Publications Metrics
Benchmark Class Large Companies Segment (LCS) Mid-Size Companies Segment (MCS) Small Companies Segment (SCS)
While all of the LCS and SCS find % publications in top-tier journals effective, only two-thirds of the MCS thinks that this metric
is powerful. In addition, 89% of MCS sees publishing deadlines met effective compared with 73% of the benchmark class.
N=25-27
Scientific Publications Metrics: Please rate the effectiveness of the following metrics in
communicating the value and success of your Medical Affairs organization to stakeholders.
†Note: Percentages represent % Highly Effective + % Effective per activity in each segment.
Fewer MCS Participants Think That % Publications in Top-Tier Journals Is
an Effective Metric
Scientific
Publications
% Respondents
10
Regularly Refine KPIs to Show True Value of Medical Affairs
Function
11
What have you found to be most important KPIs to present to executive leadership? How
do you continuously evaluate and refine your KPIs?
Objectives
Critical
Success
Factors
Key
Performance
Metrics
• Create a strategic Medical Affairs organization
• Show the value of Medical Affairs function to your company
Engage Effectively With Internal And External Stakeholders
• Ensure that data transaction is timely and effective
• Understand markets and competitors
• Understand patients, payers, providers in the changing healthcare environment
• Create impactful ways of communicating with key decision makers
• Develop effective Key Performance Metrics to measure the impact of the activities
• Measure the quality and quantity of Key Performance Metrics
Develop Successful Day-to-Day Operations
Important Key Performance Metrics Mix
• Thought-Leader Focused
• Strategic Focused
• Operational in Nature
More LCS Participants Allocate Resources Bottom-Up
Note: Percentages may not add up to 100%, because “Other” isn’t included into the graph or due to rounding.
Other (7%-50%): Don’t have a global coordination, regions are independent on their approaches, resources either come from global or regional budgets
depending on the activities..
87% 87%
80%
71%
67%
53%
88% 88% 88% 88%
75% 75%
86% 86%
71%
50%
57%
29%
13% 13% 13%
7%
33%
40%
13% 13% 13% 13%
25% 25%
14% 14% 14%
43%
57%
Field-based
medical team
strategies
Thought leader
management
Continuing
medical education
MA resource
allocation
Internal training
of commercial
teams
Medical Call
Centers
Benchmark Class Large Companies Segment Mid-Size & Small Companies Segment
N=16 N=9 N=7
Bottom-UpTop-Down
Global Coordination - I
Global Coordination: What is your management approach for the following Medical Affairs activities?
While 88% of the LCS employs a bottom-up approach for MA resource allocation, only half of the MCS & SCS segment has a
similar approach. In addition, 75% of the LCS has a bottom-up reporting structure for medical call centers, whereas only 29% of
MCS & SCS has a similar structure for this activity.
% Respondents
12
Regions develop their
own compliance
standards, but they
don’t conflict with
global standards
60%
Regions are completely
independent while
developing their own
compliance standards
13%
Global function creates
a set of standards and
regions follow it
27%
Managing Compliance
For 60% of the benchmark class regions develop their own compliance standards, but these standards shouldn’t conflict with
the global compliance rules. Only 13% of the benchmark class participants have regions developing compliance standards
completely independently.
Managing Compliance Globally: How do the regions develop their compliance standards
within your company?
N=15
“Global has the overall responsibility – but at
tactical level it is the country or region who
leads. Regions come up with their own country-
based standards, and they are reviewed and
approved at the country level. Global’s role is to
make sure that none of the policies or
guidelines conflict with the global standards.”
– Interviewed VP, Global MA (Company E)
Regional Differences Play a Significant Role in Compliance Standards
% Respondents
13
Participant Demographics
14
Global
(Including
U.S.)
27%
U.S. only
37%
Other
36%
Large Companies Segment
(LCS)
Global
(Including
U.S.)
70%
U.S. only
20%
Other
10%
Mid-Size Companies Segment
(MCS) Global
(Including
U.S.)
12%
U.S. only
63%
Other
25%
Small Companies Segment
(SCS)
Others: Canada, Nordics, U.S. and Canada, U.S. Only and Western Europe.
Geographic Span
Seventy percent of MCS, 27% of LCS and 12% of SCS represent a global Medical Affairs unit. Across the benchmark class,
37% of LCS, 20% of MCS and 63% of SCS participants’ focus is the U.S. market.
Geographic Span: What is the geographic span of responsibility that you have in Medical Affairs at your
company? (Choose all that apply.)
N=11 N=10 N=8
MCS Mostly Represents Global; SCS Mostly Represents U.S. Only
% Respondents
15
About Best Practices, LLC
16
Best Practices®, LLC is an internationally recognized thought leader in the field of best practice
benchmarking®. We are a research, consulting, benchmark database, publishing and advisory firm that
conducts work based on the simple yet profound principle that organizations can chart a course to superior
economic performance by leveraging the best business practices, operating tactics and winning strategies of
world-class companies.
6350 Quadrangle Drive, Suite 200
Chapel Hill, NC 27517
(Phone): 919-403-0251
www.best-in-class.com
Learn More About Our Company:
17

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Best Practices in Developing Top-Tier Medical Affairs Capabilities, Creating Impact Measures and Improving Globalization

  • 1. Best Practices, LLC Strategic Benchmarking Research Best Practices in Developing Top-Tier Medical Affairs Capabilities, Creating Impact Measures and Improving Globalization 1
  • 2. Table of Contents  Executive Summary pp. 3-11  Research Overview pp. 3  Participating Companies pp. 4  Key Recommendations pp. 5  Segments & Abbreviations pp. 6  Key Findings & Insights pp. 7-11  Metrics for MA Activities to Show the Success to Stakeholders pp. 12-26  Communicating the Valueof Medical Affairs pp. 27-33  Coordinating the Global Medical Affairs Function pp. 34-43  Managing Compliance and Information Exchange pp. 44-49  Benchmark Class pp. 50-52  Participant Demographics pp. 53-57  About Best Practices, LLC pp. 58-59 2
  • 3. Field Research & Insight Development: Twenty Nine survey responses from Medical Affairs leaders at 26 biopharmaceutical companies within the mature markets. This report captures insights on both Large and Mid-Size as well as Small companies segments. Additional deep-dive interviews with 5 selected Medical Affairs executives- 4 VPs and 1 Sr. Medical Affairs Leader. Provide Leading Insights on: • Identifying the critical requirements to create effective global capabilities • Defining and communicating strong Medical Affairs metrics for success Research Objectives & Methodology Research Objectives:  Illustrate how leading Pharma and Biotech companies structure and organize their global Medical Affairs capabilities  Highlight strategies for building and maintaining effective reporting structures for global organizations  Understand challenges in creating successful Medical Affairs organizations  Identify drivers of strong performance metrics  Explore critical strategies to showcase Medical Affairs’ value to executives and other internal stakeholders Business Objective: This research delivers current data, insights and best practices from Medical Affairs leaders at top biopharmaceutical companies. The benchmark data in this study will help companies find better ways to create and communicate strong performance metrics and develop a successful global Medical Affairs organization. 3
  • 4. Universe of Learning: Research Participants from 2014 Study This study engaged 29 executives from 26 leading life sciences companies. Segmentation analysis was key to examining trends and effective practices. 11 participants make up the Large Companies Segment, while the Mid-Size Companies Segment consists of 10 participants and Small Companies Segment consists of 8 participants. Benchmark Class 4
  • 5. Universe of Learning: Research Participants from 2014 - 2015 Study -- 29 executives from 26 leading life sciences companies -- • 11 participants make up the Large Companies Segment • 10 participants make up the Mid-Size Companies Segment • 8 participants make up the Small Companies Segment Benchmark Class - 2014 5 Large Companies (Revenue > $10 Billion US in 2013) Mid-Cap Companies ($1-10 Billion US in 2013) Small-Cap Companies (< $1 Billion US in 2013)
  • 6. BUILD POWERFUL COMMUNICATION CREATE EFFECTIVE METRICS CREATE A STRONG REPORTING STRUCTURE Successful Medical Affairs organizations have powerful internal and external communication, define clear objectives for metrics, overcome local differences to build effective global capabilities, and create a strong reporting structure to succeed globally.  Strong Medical Affairs organizations develop powerful internal and external communication tools and methods.  Best communication comes from identifying the right channel and time to deliver information, as well as providing relevant data for internal and external stakeholders.  Creating effective metrics is achieved via three steps:  Understanding internal and external needs  Defining clear objectives  Planning initiatives and targets  To create a strong reporting structure companies must understand the local vs. global contribution on several MA activities and build communication strategies accordingly. High-Level Key Findings for the Medical Affairs Function 6
  • 7. Segments and Abbreviations Segments • Large Companies Segment (LCS): LCS is defined as companies with >$10B annual revenue. • Mid-Size Companies Segment (MCS): MCS is defined as companies with $1B-$10B annual revenue. • Small Companies Segment (SCS): SCS is defined as companies with <$1B annual revenue. Abbreviations • KOL: Key opinion leader • MedEd: Medical education • MSL: Medical science liaison • TL: Thought leader • TLM: Thought leader management • MA: Medical Affairs • TA: Therapeutic Areas 7
  • 8. Key Findings & Insights: Metrics for Medical Affairs Activities  Scientific Publication Metrics: Sixty percent of the benchmark class thinks that % publications in top-tier journals is a highly effective metric. In addition, more than 40% of the participants agree that % papers and publications accepted is highly effective to evaluate scientific publication performance.  Segments: We observed an important difference in perceived effectiveness of % publications in top-tier journals between MCS and the rest of the benchmark class. While one thirds of MCS doesn’t find this metric effective, rest of the benchmark class thinks that % publications in top-tier journals is highly effective or effective to measure their publication performance.  Global Coordination: More than 80% of the benchmark class employs a bottom-up reporting approach for the activities related to payers and providers, such as medical education, field-based medical team operations, and thought leader management. Although some of the interviewees think that developing a top-down approach is ideal to avoid compliance issues and promote better communication for payer and provider related activities, local differences such as, language, culture and regulations force companies to employ a bottom-up approach for these activities.  Segments: Global reporting approach to Medical Affairs resources allocation is significantly different across segments. While 88% of the LCS employs a bottom-up approach, only 50% of the MCS & SCS has a similar approach for this activity. The following key findings and insights emerged from this study. 8
  • 9. 42% 26% 60% 23% 27% 50% 63% 28% 50% 46% 26% 4% 4% 4% 4% 8% 30% 4% 7% 8% 23% 19% 44% % Papers or publications accepted Number of works submitted % Publications in top-tier journals Publishing deadlines met Time to publication Number of reprints ordered Effectiveness of Scientific Publications Metrics Higly Effective Effective Not Effective Do Not Use N=25-27 A majority of the companies find % publications in top-tier journals a highly effective metric. In addition, 42% thinks % papers or publications accepted highly effective for communicating Medical Affairs’ success. Scientific Publications Metrics: Please rate the effectiveness of the following metrics in communicating the value and success of your Medical Affairs organization to stakeholders. Majority Finds % Publications in Top-Tier Journals Highly Effective Scientific Publications % Respondents 9
  • 10. 92% 89% 88% 73% 73% 26% 100% 80% 100% 70% 80% 20% 89% 89% 67% 89% 67% 33% 86% 100% 100% 57% 71% 33% % Papers or publications accepted Number of works submitted % Publications in top- tier journals Publishing deadlines met Time to publication Number of reprints ordered Scientific Publications Metrics Benchmark Class Large Companies Segment (LCS) Mid-Size Companies Segment (MCS) Small Companies Segment (SCS) While all of the LCS and SCS find % publications in top-tier journals effective, only two-thirds of the MCS thinks that this metric is powerful. In addition, 89% of MCS sees publishing deadlines met effective compared with 73% of the benchmark class. N=25-27 Scientific Publications Metrics: Please rate the effectiveness of the following metrics in communicating the value and success of your Medical Affairs organization to stakeholders. †Note: Percentages represent % Highly Effective + % Effective per activity in each segment. Fewer MCS Participants Think That % Publications in Top-Tier Journals Is an Effective Metric Scientific Publications % Respondents 10
  • 11. Regularly Refine KPIs to Show True Value of Medical Affairs Function 11 What have you found to be most important KPIs to present to executive leadership? How do you continuously evaluate and refine your KPIs? Objectives Critical Success Factors Key Performance Metrics • Create a strategic Medical Affairs organization • Show the value of Medical Affairs function to your company Engage Effectively With Internal And External Stakeholders • Ensure that data transaction is timely and effective • Understand markets and competitors • Understand patients, payers, providers in the changing healthcare environment • Create impactful ways of communicating with key decision makers • Develop effective Key Performance Metrics to measure the impact of the activities • Measure the quality and quantity of Key Performance Metrics Develop Successful Day-to-Day Operations Important Key Performance Metrics Mix • Thought-Leader Focused • Strategic Focused • Operational in Nature
  • 12. More LCS Participants Allocate Resources Bottom-Up Note: Percentages may not add up to 100%, because “Other” isn’t included into the graph or due to rounding. Other (7%-50%): Don’t have a global coordination, regions are independent on their approaches, resources either come from global or regional budgets depending on the activities.. 87% 87% 80% 71% 67% 53% 88% 88% 88% 88% 75% 75% 86% 86% 71% 50% 57% 29% 13% 13% 13% 7% 33% 40% 13% 13% 13% 13% 25% 25% 14% 14% 14% 43% 57% Field-based medical team strategies Thought leader management Continuing medical education MA resource allocation Internal training of commercial teams Medical Call Centers Benchmark Class Large Companies Segment Mid-Size & Small Companies Segment N=16 N=9 N=7 Bottom-UpTop-Down Global Coordination - I Global Coordination: What is your management approach for the following Medical Affairs activities? While 88% of the LCS employs a bottom-up approach for MA resource allocation, only half of the MCS & SCS segment has a similar approach. In addition, 75% of the LCS has a bottom-up reporting structure for medical call centers, whereas only 29% of MCS & SCS has a similar structure for this activity. % Respondents 12
  • 13. Regions develop their own compliance standards, but they don’t conflict with global standards 60% Regions are completely independent while developing their own compliance standards 13% Global function creates a set of standards and regions follow it 27% Managing Compliance For 60% of the benchmark class regions develop their own compliance standards, but these standards shouldn’t conflict with the global compliance rules. Only 13% of the benchmark class participants have regions developing compliance standards completely independently. Managing Compliance Globally: How do the regions develop their compliance standards within your company? N=15 “Global has the overall responsibility – but at tactical level it is the country or region who leads. Regions come up with their own country- based standards, and they are reviewed and approved at the country level. Global’s role is to make sure that none of the policies or guidelines conflict with the global standards.” – Interviewed VP, Global MA (Company E) Regional Differences Play a Significant Role in Compliance Standards % Respondents 13
  • 15. Global (Including U.S.) 27% U.S. only 37% Other 36% Large Companies Segment (LCS) Global (Including U.S.) 70% U.S. only 20% Other 10% Mid-Size Companies Segment (MCS) Global (Including U.S.) 12% U.S. only 63% Other 25% Small Companies Segment (SCS) Others: Canada, Nordics, U.S. and Canada, U.S. Only and Western Europe. Geographic Span Seventy percent of MCS, 27% of LCS and 12% of SCS represent a global Medical Affairs unit. Across the benchmark class, 37% of LCS, 20% of MCS and 63% of SCS participants’ focus is the U.S. market. Geographic Span: What is the geographic span of responsibility that you have in Medical Affairs at your company? (Choose all that apply.) N=11 N=10 N=8 MCS Mostly Represents Global; SCS Mostly Represents U.S. Only % Respondents 15
  • 17. Best Practices®, LLC is an internationally recognized thought leader in the field of best practice benchmarking®. We are a research, consulting, benchmark database, publishing and advisory firm that conducts work based on the simple yet profound principle that organizations can chart a course to superior economic performance by leveraging the best business practices, operating tactics and winning strategies of world-class companies. 6350 Quadrangle Drive, Suite 200 Chapel Hill, NC 27517 (Phone): 919-403-0251 www.best-in-class.com Learn More About Our Company: 17

Notas del editor

  1. Cameron
  2. CHRIS Do you have a formal strategy for determining your KPIs? What measures are in place to show the full value of the Medical Affairs function?