CapSys Group

Building a strong foundation for Life Sciences functions requires overcoming ad-hoc planning and misalignment. Through our Functional Excellence Program, we help companies optimize their functional performance, empowering teams to work together more effectively and efficiently, ultimately delivering better results, and enhancing their overall impact within the industry. Visit our website to find out more: https://lnkd.in/dMseGSYU #MarketAccess #Medical #LifeSciences

How does your organization navigate stakeholder engagement? For the third success requirement, CapSys experts and industry leaders contributing to the Re-thinking Medical Affairs study observed that Medical Affairs plays a vital role in helping organizations navigate stakeholder engagement and manage, or even deepen, quality stakeholder relationships. Our study saw clear commonalities among those organizations who manage to address these challenges effectively. Read Part 2 of 4: Technical Success Requirements for Medical Affairs Excellence for the four Imperatives for effective, personalized stakeholder engagement. https://lnkd.in/e6AE-BPC

Traditionally, evidence generation has been sequential, with responsibilities passing through Clinical Development, Medical Affairs, and Health Economics and Outcomes Research (HEOR). However, the evolving stakeholder landscape, with its complex demands, complicates generating evidence to meet all needs. To address these complexities, organizations are pivoting towards Integrated Evidence Generation Planning (IEGP) models. This strategic approach fosters cross-functional collaboration to pinpoint gaps and innovate solutions. By blending insights from randomized controlled trials (RCTs) with real-world evidence (RWE) throughout the product lifecycle, we can generate robust evidence on patient outcomes. For more findings from our global research, Re-thinking Market Access visit this link: https://lnkd.in/drPfnHzR #MarketAccess #Leadership #Pharma #LifeScience

Early engagement, collaboration, and resource allocation are crucial to stakeholder engagement. Market Access leaders and experts at CapSys recognized several frequent shortcomings in stakeholder engagement within organizations, that threaten stakeholder relationships and hinder market access. Based on the observed shortcomings, CapSys identified key levers of success within the Market Access Excellence Framework that Market Access leaders employ for effective stakeholder engagement. For more insights visit this link: https://lnkd.in/ew73bz2k #Pharma #Business #BusinessStrategy #BusinessGrowth

Pharmaceutical and MedTech organizations must increasingly focus on effective stakeholder engagement as a vital component for successful market access. The complexity of aligning cross-functional collaboration means Market Access teams are facing real challenges - but recognizing the need to develop strong strategies can help them to overcome these obstacles, ensuring success in their plans both now and into the future. For further insights, continue reading here: https://lnkd.in/ew73bz2k #MarketAccess #Pharma

How can Medical Affairs leaders address the mounting pressure to demonstrate value? For optimal value to be created, evidence generation must be planned and conducted with the end goal of developing new treatments to meet the needs of patients. Ensuring patient access to treatments requires that the right evidence is generated at the right time to meet the various needs and requirements of stakeholders involved throughout the clinical development process. Based on these shortcomings and observed best practices, life sciences specialists and CapSys experts identified five key levers of success within the Medical Affairs Excellence Framework that Medical Affairs leaders should employ to better facilitate evidence generation. Read Part 2 of 4: Technical Success Requirements for Medical Affairs Excellence for the five imperatives for generating relevant and timely evidence. https://lnkd.in/e6AE-BPC

Market Access Excellence isn't just a goal; it's a strategic roadmap that demands a blend of technical and organizational success requirements. At CapSys Group, we've pinpointed six pivotal factors that pave the way for this success. The technical landscape comprises critical elements: To make it happen, at CapSys Group we have identified six crucial factors that must be in place. Technical success requirements include: 1️⃣ Gaining deep knowledge of stakeholders and the market access landscape. 2️⃣ Generating timely and relevant evidence to support market access. 3️⃣ Engaging effectively with stakeholders. 4️⃣ Demonstrating value propositions through effective communication. These technical requirements are underpinned by two organizational ones: 5️⃣ Investing in and improving the relevant organizational skills and capabilities. 6️⃣ Developing a clear and effective organizational setup. Our study, backed by interviews with industry experts and KOLs in Market Access from small to large pharmaceutical and life sciences organizations, provides insights on how to overcome challenges. CapSys provides the Market Access Excellence Canvas, a framework to assess the organization's maturity level on the path to Market Access Excellence. For additional insights and implications, visit our website to sign up and download the components of the CapSys Market Access Excellence Canvas pack. https://lnkd.in/egfFy5S2 #MarketAccessExcellence #OrganizationalSuccess #Business #BusinessGrowth

What does it take for Medical Affairs to lead with excellence? CapSys Group’s latest global research, Re-thinking Medical Affairs, reveals that many Medical Affairs functions in pharmaceutical and life sciences companies are struggling to take a leading role in their organization’s strategy. Drawing on insights from industry leaders, we identified crucial shortcomings and outlined six key success requirements for achieving excellence in Medical Affairs. Four of these crucial success requirements are of a technical nature while two are organizational. Follow this link for more on the four common technical deficiencies and the success factors associated with them. https://lnkd.in/e6AE-BPC #MedicalAffairs #Pharma #LifeSciences 

Building a strong foundation for Life Sciences functions requires overcoming ad-hoc planning and misalignment. Through our Functional Excellence Program, we help companies optimize their functional performance, empowering teams to work together more effectively and efficiently, ultimately delivering better results, and enhancing their overall impact within the industry. Visit our website to find out more: https://lnkd.in/dMseGSYU #MarketAccess #Medical #LifeSciences

Medical Affairs leaders at CapSys found that successful pharmaceutical and life sciences organizations go beyond the science, aiming for a deeper understanding of the disease and stakeholder needs. Insights from our Re-thinking Medical Affairs study show that industry leaders excel by consistently using four key levers to better understand disease and stakeholder needs. Read Part 2 of 4: Technical Success Requirements for Medical Affairs Excellence for a detailed look at these four imperatives. https://lnkd.in/e6AE-BPC