Brand Plan For Dienogest by Saqib Altaf
Brand Plan For Dienogest by Saqib Altaf
Brand Plan For Dienogest by Saqib Altaf
Submitted By:
Saqib Altaf
Vivek Hattangadi
Sign____________________________
Executive Summary:
Company Background:
Medevination is a leading pharmaceutical company from India and is amongst the top 100
generic companies in the world. It started its business in 2009 and over the years has become
one of the largest pharmaceutical companies in India.
Vision:
Mission:
Products/ services:
It was 2009 when our Pharma Company came into existence Since then We are providing
services for Gynecology, a branch of healthcare segment that deals with the issues of Women’s
Healthcare, particularly in the female reproductive system. This includes the pregnancy and
child birth, menstruation and fertility.
Market :
Being an Infertility and gynecological medicine centric Pharma company , We Wish to enter the
market With a New medicine To treat Endometriosis
The Endometriosis market size is estimated to be $1.9Bn, in 2018, growing at a CAGR of 2.9%
during 2019-2024.
The Endometriosis market by geography has been segmented into North America, South
America, Europe, Asia Pacific and Rest of the World. North America held the largest
endometriosis market share of 51.61% revenue wise, in 2018.
In 2018, the market for endometriosis was fragmented with the top ten players accounting for
22.18% of the global market share.
Promotional Strategy:
Digital ,
Workforce ,
Paper Information,
Articles
Webinars/Podcasts
Digital Marketing
Free Samples
Competitors:
There are 36 products in the competitive market ,With The Composition Of Dienogest 2Mg in
The Indian Market
A-Form: TABLETS
Pack Size: 10
MRP: 548.00
A-FORM TABLETS
PACK SIZE :1
MRP:598
Forecasting:
Goals 2021 2022
Sales 275000 Rs 303800 Rs
Share 0.8% 1.25%
Distribution 62% 72%
Awareness 33% 42%
Purchase 10% 12%
Repeat 4% 5%
*11% Growth rate for the financial year 2021 2022
Sitution Analysis:
Medevination wishes to Introduce a New Brand Into the market “DienoMed” (Dienogest,
which is an oral progestin that has been investigated extensively in the treatment of
endometriosis.) Endometriosis is a chronic disease primarily affecting women of childbearing
age.
The symptoms of endometriosis may cause significant impairment in quality of life and
represent a substantial economic burden to patients, families, and society.
The prevalence of endometriosis in women with infertility be as high as to 30–50% with more
than 10% of women worldwide have endometriosis - that’s 176 million worldwide
But
Dienogest Can Help In Reducing Alleviating pain and other symptoms, reducing endometriotic
lesions, and improving quality of life.
Situation Analysis
the Laparoscopy segment (surgery) occupies the largest market share of 44.8%
it is worth mentioning that the Laparotomy segment is forecasted to occupy the second-largest
market share of 33.0% by 2026, with a CAGR of 2.9% during the forecast period
There is no Such drug to treat Endometriosis in the market which covers the Larger market
segment , dienogest is proven to be useful in the long term prevention of endometriosis
Dienogest is marketed in combination with estradiol valerate as a birth control pill It is also
used in menopausal hormone therapy and to treat heavy periods,
With a very few competitors DienoMed can flourish well in the market .
Target Customer:
Gynaecologists
Radiologists
General Physicians
Drug Stores
Hospital Pharmacies
E-Pharmacies
Retail Pharmacies
Target Consumers:
Of the estimated 176 million women worldwide who suffer from endometriosis, around 26
million of them are Indian, Endometriosis affects an estimated 1 in 10 women during their
reproductive years so our main focus will be on Women who are 18-35 years of age,
Cipgest by Cipla
The valuation for the endometriosis market was USD 1.93 Billion in 2018, and it is forecasted to
have a growth rate of 2.8% during the forecast period
NSAID's segment occupies the largest market share of 30.2% in 2018, with the second-highest
CAGR of 2.9% during the forecast period
Product Offering:
Summary
Dosage:
As Prescribed By Physician
Mode Of Administration:
Product Presentation:
First time in India , dienogest available in bottles of 30 capsules for dosing convenience
SWOT Analysis:
Strength Weaknesses
Company’s Reputation & expertise Lack of Awareness about
Lowest Price And High Quality endometriosis In India
Staff With Versatile Knowledge
Good Marketing Strategy Delay In launching the Medicine
Opportunities Threats
Spreading Awarenes about Currrent Economic Situation
endometriosis Competitors can laverage brand
Offering Attractive Packaging strength
Positive Approach from doctors
Technological developments
Marketing Objectives
Short Term:
Long term:
Product:
Generic Name:
Dienogest
Indication:
Marketing strategy
Segmentation:
Oral Contraceptives
Progestins
NSAIDs
GnRH Analogues
LNR-IUDS
Pain Management
Segmentation Based on Distribution Channel
Hospital
Pharmacies
Retail Pharmacies
E-commerce
Target Market:
Metro cities :
Audience Is much More than Rural areas And disease prevailence is more
Rural areas :
Target Consumer:
The prevalence of endometriosis in women with infertility be as high as to 30–50% with more
than 10% of women world wide have endometriosis - that’s 176 million worldwide
Of the estimated 176 million women worldwide who suffer from endometriosis, around 26
million of them are Indian, Endometriosis affects an estimated 1 in 10 women during their
reproductive years so our main focus will be on Women who are 18-35 years of age,
Positioning:
DienoMed will be positioned as a patient centric Brand to treat Endometriosis , to reduce risk of
infertility, reducing symptomatic pain and affordable medicine to be the favorite brand for
doctors to prescribe .
Positioning Rationale :
Positioning message:
Theme
Promotion:
Workforce : sales team in the field , calling doctors personally, MR doctor in person interaction
Articles: Articles on social media , Paper handouts near malls , Broachers & newsletters at
Company Logo t-shirts : providing the staff with company shirts to make our brand visible
Digital Marketing : Company website , query chat , Email Marketing, collaboration with e
medicine ie pharmeasy etc
Posters and Billboards: attractive posters and banners for brand promotion, in private clinics ,
hospitals , roadside billboards etc
Free Samples : free samples to doctors nursing homes , radiologists , usg centers etc
Pricing:
Mrp 399
GST 12%
285
PTR (PRICE TO STOCKIST)
SCHEME 10%
Financial Analysis
Promotion Expense:
Sales Forecast
First year
SECOND YEAR