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What is the role of the market access team?

8/20/2023

For biopharmaceutical and medical technology manufacturers, enabling faster patient access to therapies is a key challenge. An effective market access team helps them solve the challenge.

The role of the market access team: a summary

It is the role of market access professionals to communicate the value of health technology to payers, using evidence that resonates with them and addresses their key drivers. This is a complex business.

A health technology could be a medicine, a vaccine, a drug, or a digital therapeutic but, for the purposes of this summary, we will primarily think about medicines.

 

MALCOM eLearning platform

This film, and more like it, is available to watch within MALCOM, the eLearning platform for HEOR and market access professionals.

Find out more

 

 

Market access initiatives are relevant across the lifecycle of a new therapy. At the drug discovery phase, market access will consider what an ideal product looks like—this is called a target product profile or TPP.

At the clinical development stage, research and development teams are finding out if the new therapy works, but the market access teams are thinking about what the clinical trial program should look like to optimize chances of reimbursement.

Once the data show that the drug works and is tolerated, the market access team consider how best to communicate its value, to compel payers to fund treatment for appropriate patients.

As the drug becomes available on the market, the market access team predict and react to any changes in the environment, such as new competitors, policy changes, and new data. Where they can, they might renegotiate with payers to secure a better position in the treatment pathway and review financial decisions.

 

This learning and more are available within MALCOM, the eLearning platform for HEOR and market access professionals

MALCOM is an on-demand eLearning platform that helps market access teams of all sizes to upskill and keep their finger on the pulse of evolving value, evidence, and access landscapes.

 

 

How does a policy, access, value, and evidence partner support manufacturers?

Biopharmaceutical and medical technology manufacturers connect with commercialization partners, such as Avalere Health, to help them solve their market access challenges.

Services that we provide include:

Global market access
From the US to Asia-Pacific, and across Europe, clients depend on our best-in-class capabilities to optimize access and demonstrate the full value of their innovative products to payers. Our multidisciplinary experts and digital visionaries are shaping the market. Read more.

Global HEOR
From early-stage development through to successful launch and beyond, our HEOR capabilities provide robust analytics and evidence-based strategic insights to support the value of assets—helping inform what healthcare should be provided, how it should be delivered, and to whom. Read more.

Global value engagement
Bringing value to life through compelling, insight-driven, evidence-based strategy and communication that makes the complex simple, engages stakeholders, and ensures the value of your assets stands out from the crowd. Read more.

Federal and state policy
Our team of healthcare policy, regulatory, and legislative experts will guide you through the complexities of all aspects of federal and state healthcare policies and help you prepare for how changes will impact coverage, access, payment, care delivery, and consumer choice. Read more.

Due diligence
Thinking like investors, we deliver customized, deep, data-driven analysis to quantify relevant risks, opportunities, and trends to inform financial models and potential goal achievement. Read more.

The digital transformation of market access

In recent years, we have seen how digital technology, artificial intelligence, and big data have been harnessed to improve health outcomes.

With the rapidly evolving market access landscape, we are now on the cusp of a huge acceleration in the use of digital applications to explore value options, gain strategic advantage, and provide smarter market access solutions.

Our suite of digital applications is transforming market access processes for leading biopharmaceutical and medical technology manufacturers.

Take a tour of our secure and intuitive cloud-solutions.

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