AI-Driven Analysis of Drug Marketing Efficiency: Unveiling FDA Approval to Market Release Dynamics.

Journal: The AAPS journal
PMID:

Abstract

This paper explores a novel approach using generative AI to enhance drug marketing strategies in the US pharmaceutical sector. By leveraging an official dataset sourced from the US government, the AI generates Python code to analyze the time interval between FDA approval dates and market release dates. The analysis identifies 370 manufacturers who achieved "zero-day" marketing-referring to drugs marketed immediately upon FDA approval-and 174 manufacturers who marketed their products within less than seven days of approval. Notably, 947 drug products were found to have been marketed prior to FDA approval, raising significant regulatory and ethical concerns that necessitate further discussion. The findings indicate that 174 drug manufacturers have the potential to optimize their marketing strategies to achieve zero-day timelines, prompting an examination of the feasibility of such acceleration within the current regulatory framework and its implications for industry practices. Additionally, this paper discusses the broader impact of AI-driven strategies in the pharmaceutical sector, highlighting their potential to not only enhance marketing speed but also improve aspects such as compliance and decision-making efficiency. Furthermore, a tutorial on implementing generative AI is provided, detailing how it can be utilized to achieve marketing objectives through interactive conversations with the AI. This practical application demonstrates the technology's capabilities using real dataset analysis and reveals significant findings that could inform future strategies within the industry. The research objectives and their broader implications underscore the need for ongoing dialogue about the ethical and regulatory dimensions of AI in pharmaceutical marketing.

Authors

  • Yoshiyasu Takefuji
    Faculty of Data Science, Musashino University, 3-3-3 Ariake Koto-ku, Tokyo, 135-8181, Japan.