Effective digital engagement for biopharma companies: Insights from Cencora on the NASP Podcast
- Keep healthcare decision-makers (HCDMs) informed throughout the product life cycle
- Create and sustain engagement
- Optimize efficiency in getting critical information to key stakeholders
In this discussion, Sheila Arquette, President and CEO of NASP, welcomes two insightful guests:
- Dr Bridgette Kanz Schroader, PharmD, MPA, BCOP, Director, Medical Affairs Strategy & Publications, Cencora
- Laurie Fazio, Head of Manufacturer Strategy, FormularyDecisions
The three foundations of effective digital engagement strategy
This requires a multi-channel communication strategy that balances the demands of compliance with strict industry regulations and individual communication preferences of HCDMs. Dr. Schroader explains, “Biopharma companies have a growing opportunity to meet their audience where they are. This really comes into play in digital engagement—finding your audiences, giving them information where they want to receive it, when they want to receive it and in their preferred format.”
During the panel discussion, it was noted that achieving this level of connection requires aligning communication with each phase of engagement, leveraging data, and the proper application of best practices, along with the below key strategies outlined below.
1. Phase-based digital engagement is key
Pre-approval
Focus on building awareness. Achieve this through content that supports a product story across topics like the patient journey, burden of illness, and disease state. Also prioritize addressing unmet medical needs and highlighting these in a population of interest. Your goal is to create a foundational rich narrative to eventually position your product in the broader healthcare landscape amid current challenges.
For example, pre-approval information exchange (PIE) is highly regulated and less focused on patients. Digital engagement from biopharma companies in this phase is more heavily focused on the healthcare decision-makers audience.
Approval and launch
In this phase, transition to becoming a source of essential information and resources that support HCDMs and key opinion leaders (KOLs). This will require establishing comprehensive and relevant value propositions, creating detailed formulary kits, and precise delivery of product information.
Your audience needs resources that facilitate smooth and precise market access and formulary decision making in a way that helps them understand your products’ differentiators and impact on their members for HCDMs and patients for KOLs.
Post-approval
In this phase, continual engagement is critical. It is at the heart of sustained momentum in demonstrating the value your product brings to the market. It is normal to invest in health economics research, develop sophisticated cost-effectiveness models, and conduct research on comparative effectiveness; all workstreams that require early planning so that results are available to be utilized at this time point. Your goal is to leverage efforts of previous stages to maintain open lines of communication that reinforce the benefits your products provide across their lifecycles.
For example, FormularyDecisions captures this type of data to create granular insights into the engagement level of different resources. These insights help biopharma subscribers discern what content is being posted most frequently from what’s being accessed most frequently and where actual consumption might deviate from expectations.
Laurie Fazio highlights an example of unexpected engagement patterns. “We found that product information exhibited interesting trends. It’s certainly a broad category that includes anything from PIE to billing and coding guides, pricing overviews, health economics and outcomes research, real world evidence and more. This type of information had the highest activity among HCDMs even though clinical trial publications were the most consistently posted resource by our biopharma customers.”
3. Best practices in biopharma digital engagement support success
Digital engagement programs benefit from the application of best practices, most importantly, a four-stage approach:
- Creating a comprehensive roadmap to maximize engagement with various stakeholders
- Executing targeted tactics by presenting materials in a way that aligns with the product lifecycle
- Monitoring activity and feedback continuously to understand content value
- Tracking key performance indicators to illuminate impact on product perceptions and market access
Applying these practices facilitates resonance with diverse HCDMs and KOLs and optimization of market access by fostering development and execution of a plan that maximizes engagement with a range of stakeholders.
Challenges and opportunities in biopharma digital engagement
Compliance and regulation challenges
Success requires bidirectional feedback from the various channels used to connect with stakeholders. There is an ongoing opportunity to leverage field teams as conduits of education for customer stakeholders and as avenues of feedback. Biopharma companies should prioritize risk mitigation through partnership with legal and medical regulatory promotional committees.
Opportunities in innovation
Navigating the future of digital engagement in biopharma
This perspective will be critical to enhancing communication results and improving patient access to much needed therapies. Listen to the entire NASP Podcast episode for a deeper look into the potential for your digital engagement strategies.
Source
1Sheila Arquette, President & CEO of NASP. “Into the Volcano: AI and Data Privacy within the Specialty Pharmacy Space | NASP” National Association of Specialty Pharmacy Podcast. 4 February 2025. Available online at https://nasppodcast.podbean.com/e/into-the-volcano-ai-and-data-privacy-within-the-specialty-pharmacy-space-nasp-specialty-pharmacy-podcast/
This article and any information provided on the podcast is intended to communicate Cencora’s capabilities and does not constitute legal advice. Cencora strongly encourages readers to review the links provided herein and all available information related to the topics mentioned and to rely on their own experience and expertise in making decisions related thereto as the article may contain certain marketing statements.
2. Data analytics are core to digital engagement in biopharma
By leveraging data, you’ll accumulate unmatched insights into key stakeholder information preferences and the nuances of their content consumption. When leaders apply data analytics at each individual stage of the product development process, the result is a continuous cycle of communication refinement—one that will support your evolving financial and clinical goals. Your results should also guide future strategic development, resource allocation, and field team activation.
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