Satisfaction Guaranteed - Pharmaceutical Executive

ADVERTISEMENT

Satisfaction Guaranteed


Pharmaceutical Executive

In an unprecedented move for a pharma company, TAP initiated a money-back guarantee for its proton pump inhibitor Prevacid (lansoprazole). The "Prevacid Promise" guarantees heartburn sufferers a refund for out-of-pocket costs if they're not satisfied with the results of the therapy.

Since the program's roll-out at a recent American College of Gastroenterology meeting, physician feedback has been positive. TAP vice-president of marketing Art Rice says there's industry-wide recognition that consumers are taking more control of their healthcare, and he believes the program will add value to Prevacid by offering patients a no-risk investment. To receive the refund, patients must mail the company their original pharmacy receipt along with a form filled out by their physician. TAP also offers a $10 Prevacid rebate for joining the "Heartburn Health Club," an online resource highlighting behavior modifications that reduce the symptoms of gastroesophageal reflux.

ADVERTISEMENT

blog comments powered by Disqus
UPCOMING CONFERENCES

Programs for Investigational and Pre-Launch Drugs
Philadelphia, PA
July 17-18, 2013
Request Brochure

Strategic Pipeline Planning & Portfolio Valuation
Philadelphia, PA
August 13-14, 2013
Request Brochure

MES 2013 - Forum on Manufacturing Execution Systems
Philadelphia, PA
August 14-15, 2013
Request Brochure

Mobile Innovation for the Life Sciences Industry
Philadelphia, PA
August 20-21, 2013
Request Brochure

See All Conferences >>

FindPharma Careers

Click here