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Release issued 11th August 2008
Decision Resources introduces the only healthcare analytics tool that assesses the number of insured patients who have a specific disease, but are untreated
August 11, 2008-Waltham, Mass.-Decision Resources, one of the world's leading research and advisory firms focusing on pharmaceutical and healthcare issues, finds that Florida has the highest number of untreated people with type 2 diabetes who also have prescription (Rx) drug coverage. This type of information is invaluable to pharmaceutical companies who are challenged to pinpoint the areas of greatest need for their drugs.
The new analytic tool from Decision Resources entitled "PatientFinder: Type 2 Diabetes" also reveals that West Virginia and Maine have the highest type 2 diabetes prevalence as a percent of their population. The report also finds that California has the absolute largest number of untreated patients (455 000) in part because it has the largest overall population. But the fact that California has a lower percentage of its population with Rx drug coverage means that the overall opportunity for market expansion in this state is less than in other, smaller states.
Why Pharmaceutical Companies Need this Information?
With the type of information included in PatientFinder, pharmaceutical organizations can identify the local markets that offer the greatest opportunity for their branded drug. Companies can identify markets that are underserved and determine if they should increase direct-to-consumer advertising, work with the local managed care organizations to increase awareness of the disease and benefits of their drug or align sales representatives to maximize market potential.
About PatientFinder
PatientFinder is the only healthcare analytics tool that assesses local markets for expansion opportunity by determining the number of insured patients in each territory who have the disease but are untreated. PatientFinder covers each of the 50 U.S. states and 318 U.S. metropolitan statistical areas (MSAs) and provides:
About Decision Resources
Decision Resources (www.decisionresources.com) is a world leader in market research publications, advisory services and consulting designed to help clients shape strategy, allocate resources, and master their chosen markets. Decision Resources is a Decision Resources, Inc. company.
If you want to find out more about the company visit Decision Resources Inc. profile.
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