Market research studies are crucial for life sciences companies seeking to successfully develop and commercialize a pharmaceutical drug or medical device. Feedback from healthcare providers and professionals (HCPs), other medical personnel, and patients is instrumental in identifying and addressing potential market challenges prior to launch – ultimately improving outcomes for both patients and prescribers. The ..read more

The Gold Standard for Hourly FMV Rate Data In the ever-evolving landscape of healthcare professional (HCP) compensation, accurate data is not just a commodity – it’s the currency driving compliance and equitable compensation across the life sciences industry. Cutting Edge Information (CEI) stands at the forefront of this arena, specializing in the collection and analysis of global, fair market value (FMV) rate data. In 2024, CEI unveils its latest FMV database, derived from more than 250,000 observations gathered worldwide. This expansive dataset enables us to offer hourly FMV rates across mor ..read more

As we approach the end of 2023, it’s an opportune moment to express gratitude to our clients and partners as we reflect on the strides Cutting Edge Information (CEI) has made this year.  In the ever-evolving landscape of HCP remuneration, CEI continues to deliver market-leading FMV hourly rates and share benchmarks for the industry. Here’s a snapshot into some of our accomplishments this year.   1. Expanding FMV Database CEI launched the new year with our 2023 FMV database. With an expansive collection of more than 230,000 observations, it is our most informed database to date. Encom ..read more

FMV Survey 2024 to kick off in April Spring is an exciting time of year. This year, we are launching our annual fair market value (FMV) survey in April. Cutting Edge Information’s (CEI) FMV Survey of Payments to Healthcare Professionals (HCPs) aims to capture the latest changes to HCP compensation by industry stakeholders. And these changes are happening rapidly, especially as the life sciences industry navigates the lingering impacts of COVID-19, along with the war in Ukraine and other global events. An accurate and up-to-date view of HCP compensation is crucial and relies on a robust respons ..read more

As mentioned in Influencer Fair Market Value Part I: Analyzing Structures for Compensation, life science companies see added value in working with patient and HCP influencers. These influencers have access to audiences with a focus on a disease state or therapeutic area, which can bring increased authenticity and responsiveness to pharma marketing and medical information campaigns. However, not all influencers have the same strength of online presence. Sometimes, either for budgetary or logistical reasons, campaigns that enlist influencers must decide whether they want to dedicate resources to ..read more

Having a presence on social media and other online platforms is now common in the life sciences industry, and it has given rise to social media influencers — individuals with larger than average audiences on different social media platforms. In healthcare, influencers are found primarily among the ranks of healthcare professionals (HCPs) and patients. But they may also include lifestyle influencers that are not as directly connected to a specific disease state. As might be expected, influencers maintain a robust online presence. Whether through personal experience or years of study and clinica ..read more

3…2…1…LAUNCH! Cutting Edge Information is excited to announce the release of its 2023 FMV rates! This database is our most statistically robust set of FMV rates, built on more than 235,000 data points collected from real-world rate cards and survey responses. Our hourly FMV rates for HCP engagements include more than 270 Specialist, Non-Specialist, Non-MD and Non-HCP titles across more than 125 countries. The 2023 database contains additional FMV rates for HCP titles not previously published in earlier releases: Medical Toxicologist (MD) Medical Toxicologist (MD – Pediatric) Clinical Toxico ..read more

It happened again!?!? That’s right, Cutting Edge Information has been recognized by another publication as being an outstanding provider of compliance solutions – namely for our HCP Fair Market Value (FMV) services.  Life Sciences Review, a prominent voice in reporting on the business and technology side of Pharma, Biotech and Medical Devices, has listed Cutting Edge Information in its annual list of 10 companies at the forefront of compliance solutions in 2022. Highlighting the methodology behind, and the relationships that fuel the success of Cutting Edge Information’s FMV services, the ..read more

Summer is an exciting time of year for CEI as we kick-off our annual Fair Market Value (FMV) Survey of Payments to Healthcare Professionals (HCPs). This year’s survey is particularly important given the worldwide economic changes brought on by the lingering Covid-19 pandemic and the military invasion of Ukraine. A robust response to our survey will ensure we capture the true tenor of recent changes to HCP compensation by industry stakeholders. Our FMV database is the most expansive and defensible market-based rate data in the world. From a compliance perspective, we believe our rates are more ..read more

We’re excited to announce that Eric Bolesh, COO of Cutting Edge Information, will be participating on a panel discussion on February 23, 2022. This event is hosted by the Patient Engagement Open Forum. The PE Open Forum is jointly organized by PFMD, EUPATI and EPF to provide a patient-centered environment for co-creation of solutions with and by all involved stakeholders to practice and advance patient engagement (PE). Demystifying the methodology to determine market value when remunerating the patient community for interactions with the pharmaceutical industry. February 23, 2022 · 16:00 t ..read more