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KOL compensation: Principles for success-Key principles and critical success factors to help improve your company’s thought leadermanagement function. Find out how to tackle a shrinking thought leader (KOL) pool, elevated scrutiny and stringent spending caps to guarantee future success. Learn key findings from a benchmark study on European KOL fair market value compensation.
Citation preview
European KOL Compensation
Dr. Samuel Dyer
CEO and Founder
www.MSLWORLD.com
Agenda
• About me, Medical Science Liaison World (MSL World.com)
• Overall Flat Fee Range
• Overall Hourly Fee Rates
• Rates per type of Thought Leader
• Rates per type of Activity
The data slides represent findings collected from 900 data sets from 21 European-based companies of all sizes
• 11 years experience within International Medical Affairs• Led MSL / Medical Teams in multiple TA’s throughout the
U.S., Canada, Europe, Africa, Middle East, New Zealand and Australia.
• Been hired as a consultant by McKinsey, Bain & Co. consulting companies to work on MSL projects
• Sit on the management team /board of advisors for the start up Biotech company-Biognosys
• Wrote a first of its kind book on the MSL/MA role that is expected to be published this Fall
• Formed the Medical Science Liaison Corporation along with a team of professionals that operates among other functions www.MSLWORLD.com
About Me
Overall Hourly and Flat Rates
Hours
Average Duration of Thought Leader Tasks
Flat Fee Ranges Across All Therapeutic Areas, Thought Leader Categories and Consulting Activities by Company Type
Company Type
US: Flat Fee Ranges Across All Therapeutic Areas, Thought Leader Categories and Consulting Activities by Company Type
Company Type
Hourly Rate Ranges Across All Therapeutic Areas, Thought Leader Categories and Consulting Activities by Company Type
Company Type
US: Hourly Rate Ranges Across All Therapeutic Areas, Thought Leader Categories and Consulting Activities by Company Type
Company Type
Rates per type of Activity
Average Flat Fees for Speakers Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
US: Average Flat Fees for Speakers Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Flat Fees for Advisory Panels Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
US: Average Flat Fees for Advisory Panels Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Flat Fees for Authorships Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
US: Average Flat Fees for Authorships Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Flat Fees for Consulting Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Hourly Rates for Speakers Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Hourly Rates for Consulting Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Hourly Rates for Advisory Boards Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Average Hourly Rates for Authorships Across All Therapeutic Areas and Thought Leader Categories by Company Size
Company Type
Rates per type of Thought Leader
Average Flat Fee Ranges Across All Therapeutic Areas and Company Sizes by Thought Leader Provider Type
Thought Leader Category (Medical Practitioners)
Average Hourly Rate Ranges Across All Therapeutic Areas and Company Sizes by Thought Leader Provider Type
Thought Leader Category (Medical Practitioners)
US: Average Hourly Rate Ranges Across All Therapeutic Areas and Company Sizes by Thought Provider Type
Thought Leader Category (Medical Practitioners)
Average Hourly Rate Ranges Across All Therapeutic Areas and Company Sizes for Other Medical Professionals
Thought Leader Category (Healthcare Professionals)
Average Flat Fee Ranges Across All Therapeutic Areas and Company Sizes for Other Medical Professionals
Thought Leader Category (Healthcare Professionals)
Average Honoraria Across All Therapeutic Areas and Company Sizes for Other Medical Professionals
Thought Leader Category (Healthcare Professionals)
Average Additional
Hourly Rate: €120
Average Additional
Hourly Rate: €120
Average Additional
Hourly Rate: €100
Average Additional
Hourly Rate: €100
Average Additional
Hourly Rate: €150
Average Additional
Hourly Rate: €150
Average Additional
Hourly Rate: €121
Average Additional
Hourly Rate: €121
Average Additional
Hourly Rate: €110
Average Additional
Hourly Rate: €110
Average Additional
Hourly Rate: €100
Average Additional
Hourly Rate: €100
Average Additional
Hourly Rate: €150
Average Additional
Hourly Rate: €150
Contact
Dr. Samuel Dyer
CEO/Founder www.MSLWORLD.com
_______________________________________________________________
Acknowledgements:
Thanks to Cutting Edge Information &
Yanis Saradjian for providing slides and
information throughout this presentation.
Yanis Saradjian
Director of Consulting-Cutting Edge Info.
Durham +1 919-433-0206
Boston +1 781-530-3785
THANK YOU
ANY QUESTIONS
