Target The Right Accounts In Pharmaceuticals

How Do We Know The Right Target Accounts?

We analyzed the pharmaceutical companies that do apply for approval of medicine to FDA every year.  Who should you target in case your product/services fit the pharmaceutical market? We generate the list of companies with highest # of phase 3 applications approvals. These are the companies who are taking medicine to market and need help selling, will spend on marketing and sales of these drugs. Take a look, reach to decision makers of these companies, increase your sales pipeline.

It is quite evident that the number of phase 3 applications and approvals are on a decline in the last 10 years. Nothing worrisome though.

Number-of-Approvals

We also observed that average time to approval has not changed significantly over years.

Approval-Time

Companies below have applied for a good number of medicine approval at phase 3 level. There are more companies, each fighting for a piece of pie, getting their sales, marketing teams ready, have the budget for promotion.
Target-Account

What do you think of this analysis? Please share your comments at vinay@oceanfrogs.com