a review on prescription drug promotional strategy and (1) (2) (1)

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    A REVIEW ON PROMOTIONAL

    STRATEGY AND REGULATION OFPRESCRIPTION DRUGS

    LEARNING GROUP-5:

    1. MOHD. SHAHANAWAZ

    2. MARIYA BISWAS

    3. MOHD. REHAMATULLAH

    SHAH

    4. DR. PRIYA BHASIN

    5. MACHUT ZIMIK

    6. MANOJ KUMAR SINGH

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    CONTENTS

    1. Introduction

    2. Aim of the study

    3. Objectives

    4. Research Methodology

    5. Literature review

    6. Interaction

    7. Analysis

    8. Limitations

    9. Conclusion10. Recommendation

    11. Bibliography

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    INTRODUCTION

    Drug promotion is a global concern.

    Contributes to irrational use of drugs

    Drugs which are marketed as breakthrough

    represents only a small fraction of improvementthan the existing ones.

    Unethical promotion of drugs a commonphenomena.

    Most countries rely on industry self-regulationCorporate responsibility

    Regulations

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    Putting the patient first and

    implementing promotion responsibly

    through truthful information isessential if we want promotion and

    education at same time

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    AIM

    The AIM of this project is to interpret

    the current scenario on promotion ofprescription drugs and to highlight the

    regulatory framework for promotional

    practices through an internationalperspective.

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    OBJECTIVES OF THE STUDY

    To determine the perception of health care professionals on prescription

    drug promotion.

    To understand the roles and responsibilities of medical representatives on

    drug promotion.

    To determine the promotional activities of pharmaceutical companies for

    prescription drugs and identify the variations in promotional practices

    among the companies.

    To highlight the regulatory frameworks on drug promotion through

    international perspective.

    To annotate on the control of drug promotion by identifying the right

    practice-both regulations and pharmaceuticals promotional activities.

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    DRUG PROMOTION

    According to WHO, Drug Promotion can be defined asall informational and persuasive activities bymanufacturer and distributers to induce/influence thesale and use of medicinal drugs

    Rational use of drugs depends on the activities of drugpromotion.

    Two major objectives of promotional program:

    1) to inform

    2) to persuadePromotion is usually performed by a well-trainedMedical Representatives

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    PharmaceuticalPromotional Strategy

    DRUG

    COMPANIES

    DTCAINTERNET

    MR, GIFTS,CONFERENCES,

    etc.,

    CONSUMERS DOCTORS

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    Other formsofPromotion

    Journals

    Direct mail & e-mail

    Bill boards

    Newspapers

    TV

    Radio

    Salespeople (dealers and wholesalers)

    Newsletters

    Directories & reference books (PDR) Electronics (video material, internet)

    Word of mouth.

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    RESEARCH METHODOLOGY

    Research

    Methodology

    PrimaryResearch

    Qualitative

    Interview

    Marketing

    Head

    Dr. Reddy

    Panacea

    Ranbaxy

    Survey

    Questionnaire

    HCPs, MR