Table of Contents

Biopharmas are faced with many questions at launch that data helps answer. But even with the volume of data available today, about 34% of new product launches in the U.S. do not meet forecasts. Where are the gaps? A Veeva survey of 125 commercial and data leaders reveals challenges like speed to insight for the field and data integration are top of mind.

Q

Why do over 33% of new product launches in the U.S. fail to meet forecasts?

A

The top challenge:
delivering insights to field teams quickly.

61%

of leaders say translating analytics into rapid field action is a top launch challenge

94%

of field teams don't receive daily alerts

What launch data challenges did you experience during your most recent launch?

Translating analytics into field action quickly
61%
Integrating disparate data sources and software
49%
Data latency/lack of real-time visibility
43%
Misalignment on KPIs/definition of success
43%
Lack of resources (forced to make tradeoffs)
37%
Skills gaps around generating insights from data
34%
Struggled to identify the right data sources
30%
No significant challenges
2%
Rapid field alert Rapid
field alert
Slow, traditional alerts mean field teams can miss critical opportunities to influence care.
Traditional field alert Traditional
field alert
within 24 hours
1–3 weeks

Daily insights for the field:

Improve HCP outreach
Optimize how field reps spend their time
Help more patients start on therapies faster
Read the full report: Fragmented Data Is Holding Back Biopharma Launches.