Manoeuvring in Dangerous Waters
Who are your current and likely future competitors and how
competitive is your project or product compared to the best
alternatives? No matter whether you develop an early stage project
or is about to launch a new product, it is essential to know the
competition.
You can take it for granted that there is always competition!
Have you found none, you have not looked hard enough. In R&D
projects, reliable competitive intelligence will help you identify
both commercial risks and attractive market segments with unmet
medical needs or lower levels of competition. Furthermore, knowing
your target patient population or customer segment will help you
define and validate an optimal target product profile
and direct your development efforts towards it.
In a market access scenario, competitive intelligence will help
you map the competitive landscape and determine the optimal positioning, selling points and
price for your product.
Wiborg assists its clients in performing competitive
intelligence by monitoring e.g.:
- Patents and publications in your
field or affecting your IPR
- Competitors' licensing and
M&A activities or change in strategy
- Progress or failure of competing
drugs in clinical development
Competitor analysis is a core competence at Wiborg. We have full
access to commercial
databases with information on competitors and their products
/pipeline. We also do field research e.g. using our
global panel of medical and industry expert.
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