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.
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
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

Project Timeline

Rescription, Inc - Comprehensive PBM market assessment and Brand positioning
Due Date
Activities
Deliverables
Status
Action
Mon, 05/13/24
12:00 AM UTC
Project Kickoff
No Deliverables
No deliverables are required for this action item.
Location: In Person
Online
Mon, 05/13/24
12:00 AM UTC
Projects Finalized
No Deliverables
No deliverables are required for this action item.
Location: Virtual
Online
Mon, 05/13/24
12:00 AM UTC
Program Kickoff
No Deliverables
No deliverables are required for this action item.
Location:
Mon, 05/13/24
12:00 AM UTC
Project Proposal Deadline
No Deliverables
No deliverables are required for this action item.
Location: Virtual
online
Mon, 05/13/24
12:00 AM UTC
Student Onboard & Assigned Teams
No Deliverables
No deliverables are required for this action item.
Location: Virtual
Online
Mon, 05/13/24
8:00 PM UTC
Student Pre-Kick-off Self-Assessment Form 05/13/2024
Required Evaluation
Evaluation submission is required.
Tue, 06/18/24
8:00 PM UTC
Student Temperature Check 06/18/2024
Required Evaluation
Evaluation submission is required.
Tue, 07/16/24
8:00 PM UTC
Student Temperature Check 07/16/2024
Required Evaluation
Evaluation submission is required.
Sun, 08/25/24
12:00 AM UTC
Project Complete
No Deliverables
No deliverables are required for this action item.
Sun, 08/25/24
12:00 AM UTC
Project Complete
No Deliverables
No deliverables are required for this action item.
Location: In Person
Online
Sun, 08/25/24
12:00 AM UTC
Project Complete
No Deliverables
No deliverables are required for this action item.
Sun, 08/25/24
8:00 PM UTC
Industry Mentor Post-Engagement Team Assessment Form 08/25/2024
Required Evaluation
Evaluation submission is required.
Sun, 08/25/24
8:00 PM EST (UTC-05:00)
Student Post-Engagement Self-Assessment Form 08/25/2024
Required Evaluation
Evaluation submission is required.
Sun, 08/25/24
8:00 PM UTC
Project Complete
No Deliverables
No deliverables are required for this action item.
Sun, 08/25/24
8:00 PM UTC
Student Post-Engagement Peer Assessment Form 08/25/2024
Required Evaluation
Evaluation submission is required.

Program Managers

Name Organization
April Sime Montclair State University

Teams

Team Name  Project Name  Team Members 
No Teams Available