Posted: December 19, 2006
"Drug companies spend on DTC advertising increased twice as fast as spending on promotion to physicians or on research and development" according to the November GAO report on FDA's Oversight of Direct-to-Consumer (DTC) Advertising.
At what point, I thought, would DTC spending surpass DTP (Direct-to-Physician) spending if those rates of growth continued? I did the calculations and plotted the results and found that, under these assumptions, DTC spending would surpass DTP spending in ... [you'll have to read the post to find out.]
So, what's the point of this exercise? Nothing really, except perhaps that the GAO could have included this kind of analysis to emphasize further where DTC may be headed in the not too distant future and what the FDA may be up against trying to keep up with it all.
For more on this, see today's post to Pharma Marketing Blog.
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