Project Title: Comprehensive PBM market assessment and Brand positioning
Rescription, Inc
| Details | |
|---|---|
| Project Title | Comprehensive PBM market assessment and Brand positioning |
| Project Topics | Market Research Product Design & Development Research, Analysis, Evaluation Sales & Business Development Strategic Planning |
| Skills & Expertise | Brand Strategy Market Research Marketing Strategy |
| Project Synopsis: Challenge/Opportunity | Rescription Inc. seeks to deepen its understanding of the Pharmacy Benefit Management (PBM) landscape to refine its market positioning, identify emerging competitors and disruptors, and surface opportunities for differentiation. The student team will conduct an in-depth comparative analysis of key PBM players—from the industry giants to emerging innovators—with a focus on customer service models, technology integration, incentive programs, marketing strategies, and geographic presence.
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| Project Synopsis: Activities/Actions Required | Conduct primary and secondary research on major and minor PBM players in the U.S. Analyze business models, incentive structures, pricing strategies, and technologies used. Develop SWOT analyses and competitor matrices. Evaluate customer-facing innovations and marketing tactics. Synthesize key differentiators and opportunities for Rescription Inc
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| Project Synopsis: Expected Results | Deliver a comprehensive competitor analysis including profiles of 6–10 key PBMs Identify 3–5 high-potential areas of differentiation for Rescription Inc. Develop a visually engaging, data-backed strategy summary for internal stakeholders Offer strategic insights on both domestic and select international PBM trends
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Project Timeline
Rescription, Inc - Comprehensive PBM market assessment and Brand positioning
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Due Date
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Activities |
Deliverables
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Mon, 05/13/24
12:00 AM
UTC
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Project Kickoff
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No Deliverables
No deliverables are required for this action item.
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Location: In Person
Online
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Mon, 05/13/24
12:00 AM
UTC
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Projects Finalized
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No Deliverables
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Location: Virtual
Online
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Mon, 05/13/24
12:00 AM
UTC
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Program Kickoff
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No Deliverables
No deliverables are required for this action item.
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Location:
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Mon, 05/13/24
12:00 AM
UTC
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Project Proposal Deadline
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No Deliverables
No deliverables are required for this action item.
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Location: Virtual
online
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Mon, 05/13/24
12:00 AM
UTC
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Student Onboard & Assigned Teams
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No Deliverables
No deliverables are required for this action item.
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Location: Virtual
Online
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Mon, 05/13/24
8:00 PM
UTC
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Student Pre-Kick-off Self-Assessment Form 05/13/2024
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Required Evaluation
Evaluation submission is required.
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Tue, 06/18/24
8:00 PM
UTC
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Student Temperature Check 06/18/2024
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Required Evaluation
Evaluation submission is required.
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Tue, 07/16/24
8:00 PM
UTC
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Student Temperature Check 07/16/2024
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Required Evaluation
Evaluation submission is required.
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Sun, 08/25/24
12:00 AM
UTC
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Project Complete
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No Deliverables
No deliverables are required for this action item.
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Sun, 08/25/24
12:00 AM
UTC
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Project Complete
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No Deliverables
No deliverables are required for this action item.
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Location: In Person
Online
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Sun, 08/25/24
12:00 AM
UTC
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Project Complete
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No Deliverables
No deliverables are required for this action item.
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Sun, 08/25/24
8:00 PM
UTC
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Industry Mentor Post-Engagement Team Assessment Form 08/25/2024
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Required Evaluation
Evaluation submission is required.
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Sun, 08/25/24
8:00 PM
EST (UTC-05:00)
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Student Post-Engagement Self-Assessment Form 08/25/2024
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Required Evaluation
Evaluation submission is required.
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Sun, 08/25/24
8:00 PM
UTC
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Project Complete
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No Deliverables
No deliverables are required for this action item.
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Sun, 08/25/24
8:00 PM
UTC
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Student Post-Engagement Peer Assessment Form 08/25/2024
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Required Evaluation
Evaluation submission is required.
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Program Managers
| Name | Organization |
|---|---|
| April Sime | Montclair State University |
Teams
| Team Name | Project Name | Team Members |
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| No Teams Available |
