WHAT IS IN A NAME?
Waaaaaaaay more than you might think.
A new study from the FDA’s Office of Prescription Drug Promotion (OPDP) is investigating how a proprietary drug name can influence HCP and Consumer perceptions of it, and whether they may overstate the efficacy of the drug. (RAPS)
New drugs go through a rigorous naming process requiring approval from several different departments of the FDA, including the OPDP, the Division of Drug Marketing, Advertising, and Communications (DDMAC), and the Division of Medication Error Prevention and Analysis (DMEPA), among others. Evaluations include methods to ensure drugs aren’t confused with similarly named products, implied meaning versus approved usage, and ease of spelling and pronunciation, among others. (FDA Review of Proposed Drug Names)
"While there are several ways proprietary names can be misleading, this research will primarily focus on overstatement of the efficacy of the drug product."
It is important to create depth and not just rely on tricks.
When reviewing proposed drug names, the OPDP considers many factors, including identifying names that overstate the efficacy of safety of the drug, expand drug indications, suggest superiority without substantiation, or misleadingly imply unique effectiveness or composition.
According to R. John Fidelino, executive creative director at Interbrand, in the current consumer climate (which is often hostile toward pharma), it’s critical to go beyond the tricks and create brand names and marketing with real depth. “There’s no doubt there’s virtue in the unusual,” he said, but it’s helpful “when there’s a real tie-back either to the attributes of the product, the technology of the product, the benefit of the product, or the intended outcomes.”
WHAT IS IN OUR NAME?
The inspiration for Alexander Health comes from three individuals who have made an everlasting impact on the entire world.
Alexandre Dumas teaches us how creativity has the power to erase borders and withstand the test of time.
Alexander Graham Bell reminds us that the world can be forever connected when dreams and persistence collide.
Alexander The Great shows us how success becomes a certainty when innovative leadership is paired with an unwavering will.
We understand the daily challenges that face the healthcare industry and the constant need to adapt to an ever changing world. Discover a new kind of partner who has the knowledge and expertise to become an extension of your team and help solve the daily challenges you face.
