Presented by:
Prachi mathpal - 1628153
Abhinav Sharma - 1628101
Rahul pandey - 1628120
Melroy Peres 1628118
M.Santhose - 1628124
INTRODUCTION
Cambridge Sciences Pharmaceuticals (CSP) is an international health care company.
CSP is planning to launch a new prescription drug in the weight loss market called
Metabical in January, 2009.
Why Metabical?
It is the revolutionary product and would be the first prescription drug in the
overweight segment approved by FDA.
very effective with minimal side-effects(by trials).
retail price is approximately $3-$5 per customer per day.
Planning for Metabical:
heavy marketing budget of approx. $23mn.
viable positioning strategy and marketing communications plan, so that the drug is
not just successful but also has a long term and steady demand in the market.
4 PS OF METABICAL
Product : Metabical is a weight losing drug having minimum side effects
with a intake of one medicine per day.
Price : $3 to $5 per day.
Promotion: ATL and BTL campaign
Place: Metabical will be available at the Pharmacy and drug stores
PROBLEMS IDENTIFIED
1.Need to develop a positioning strategy
Metabical should be positioned as a health improving drug for adults (both men and women). The
health conscious segment constitutes the majority of the market, looks being our secondary segment.
Metabical pros:
Effective (weight loss up to 26 pounds) and efficient (in 12 weeks) as per clinical trials
Helps with behaviour modification and healthier eating habits
Safe to use with minimal side-effects
1st prescription drug approved by FDA in overweight market.
Cons
Focus is only on overweight people and not
obese.
It is the only prescription weight loss drug approved by FDA for overweight people in the
BMI 25-30 category.
Much reduced stress on heart and liver than other weight loss drugs.
CONCLUSION
Based on current market segmentation and strategy, CSP can do the
breakeven of the cost even if only 12.5% of the potential buyers buy the
product.
The promotional strategy includes active promotion to the doctors and
health care providers through sales force detailing, sampling and lunch
seminars.
The promotional strategy also includes heavy investments in aggressive
DTC advertisements to increase awareness among the overweight adults
about efficacy of Metabical and budget to promote public relations
especially at the time of launch.
Overall, Metabical seems to be a blockbuster drug for CSP over 10 years.
Evidence of teamwork
THANK YOU