Year: 2014-15
Company: Takeda Pharmaceuticals
Liaison(s): Eric Lai Dapo Tomori
Takeda Pharmaceuticals is a global pharmaceutical company whose mission is “to strive towards better health for people worldwide through leading innovation in medicine.” Since its foundation in 1781, Takeda has expanded and today markets its products in 100 countries worldwide. As of 2013, Takeda was the 13th largest worldwide pharmaceutical company by revenue with 14 commercialized products and over 30,000 employees. Takeda is strategically focused on four main therapeutic areas: Central Nervous System (CNS), Cardiovascular and Metabolic, Gastroenterology and Oncology. Supporting these therapeutic areas, Takeda is committed to provide marketing strategies which use both traditional and more personalized medicine approaches in order to provide value to physicians, payers, and patients. The Takeda TMP team was asked to explore marketing opportunities in personalized medicine and to develop a personalized medicine marketing strategy for an important Takeda therapeutic drug. To accomplish this objective, the Takeda TMP team first completed a market landscape review which examined personalized medicine marketing strategies across a number of key therapeutic areas. After establishing this foundation, the Takeda TMP team focused on developing a marketing strategy for a proprietary therapeutic drug currently commercialized by Takeda Pharmaceuticals. Supporting this approach, the team developed an economic analysis which clarifies the potential financial opportunities for a specific Takeda drug. Finally, the team completed a survey which provided insight into personalized marketing strategies for college and graduate students. Upon completion of this project, the Takeda TMP team will provide Takeda Pharmaceuticals with novel insight into a number of personalized medicine marketing strategies which might support and expand their marketplace for one of their important therapeutic drugs.
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