One of several key decisions a manufacturer must make when launching a new product is centered on its distribution strategy. As the market has shifted from traditional community-based products to specialty medications, expanded solutions to better serve these products have evolved. High-touch, focused pharmacy solutions have emerged that are targeted toward maximizing patient outcomes for specialty products. Specialty pharmacy offers a greater level of patient care but also brings more complexity and the need for greater understanding to home in on the right solution.
Timing
Typically, a manufacturer that is contemplating a distribution strategy for the launch of a new product should be in the planning phase no later than 24 months from its launch date. Several critical variables need to be weighed when selecting a strategy; often led by the supply chain team, the selection team should strategically evaluate its options. If a manufacturer does not have a team, a handful of experienced consultants are available who can drive the process of strategy, selection, and implementation.
Figure 1 is a sample flow chart delineating the process, accompanied by a list of significant milestones.
Is Your Product Specialty? Selecting a Distribution Model
Specialty pharmaceuticals are generally defined as products used to treat chronic, high-cost, or rare diseases. They can be injectable, infusible, oral, or inhaled medications. Specialty pharmaceuticals tend to be more complex to maintain, administer, and monitor than traditional drugs; therefore, they require closer supervision in their production and closer monitoring of a patient’s overall therapy. Key characteristics include:
Often, specialty pharmaceuticals can be subcategorized into 4 distinct areas, defined by the method of administration. These often drive a plan around the use of specialty pharmacy:
Newer criteria around the need for specialty pharmacy have also emerged, such as: