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Richard Lowenthal

👤 Person
347 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So we just decided to stay with them.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

As you said, they're very high quality products.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And they really are the state of the art in the business of manufacturing these nasal spray devices.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So kind of an easy decision for us at the time.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

There are a couple...

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

manufacturers overseas now, mostly because of generic competition that's coming in with some of the other nasal sprays that are earlier.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So we do know there are some other manufacturers in India and in the European region that can manufacture.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And that's why we're also looking at one of them in the European region for a second supplier so that we're not sole supplied.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So we launched NEFI roughly a year ago now, the two milligram first, and then we added in the one milligram a few months back.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

i think the launch is going well um of course you know it it's always slow at the beginning with any launch because of insurance coverage and adoption period of doctors to get used to the product we also experienced one thing that was a little bit unanticipated given nefi is a very high volume product but

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

low revenue per script per prescription.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So you need a lot of prescriptions to make up the market.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And what we found is that when doctors are very busy, they tend to have less time to prescribe new medications.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

New medications always take them more time than just a renewal prescription.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So what we believe is one pathway to help with that is we're providing now more

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

support for prior authorization, so more ways for them to do that, and then more options for the patients as well to get NEFI where they can get it without going to an office visit with their doctor.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So we're working on those types of things to further boost the market share.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And again, over time, as we get into