Refill Rate_How Do We Improve It? Thoughts and Suggestions?
Aug 15, 2016 16:39:01 GMT -5
spiro, agusta, and 20 more like this
Post by compound26 on Aug 15, 2016 16:39:01 GMT -5
spiro michaelcastagna
I am taking the liberty copying Spiro’s posts below to create a new thread to see if we can have some discussions on improving the refill rate.
"Spiro believes that in order for MNKD's share price to make significant advancement, barring some unexpected positive development not related to Afrezza, it will be necessary for MNKD to meet certain Afrezza sales levels. After studying Sanofi's early launch numbers, Spiro has decided that he would like to see some progress in sales by week 12 of MNKD's launch. At week 12, SNY only had 210 NRX and 257 TRx. It appears that Sanofi was only achieving about a 20% refill rate. Spiro's definition of progress is focused not only only on NRx numbers but mostly on the need to reach 50- 75% or higher refill rates. Spiro believes that Afrezza's new packaging will be likely the key to MNKD reaching and easily beating Sanofi's refill rates. Spiro is very confident that Mike and Matt have the pieces in place and the proper strategy to make Afrezza a successful alternative to injecting.
Spiro here, just talking to himself out loud and hoping that he is somewhat correct?" Read more: mnkd.proboards.com/user/44/recent#ixzz4HR2DGewZ
"Spiro's focus is mostly on refills and retention of adapters. If Sanofi had retained 75% of tit's users, they would still be selling the drug now. The only way Afrezza doesn't work great in most people is improper dosage. The new packaging should keep the costs down for the user and provide the ability to increase dosage with larger meals. Clearly Spiro hopes that NRx will be higher than 212. Spiro wants the TRX to be over 500, which would indicate retention of users. Sanofi only had a TRx of 257 which indicated a poor refill rate. If by week 12, the NRx were 1000 and the TRx were 1100, that would be very troubling for Spiro.
Spiro here, it's all about refills and satisfied new users." Read more: mnkd.proboards.com/user/44/recent#ixzz4HR2G3t6K
I share with Spiro in that I agree the key for Mannkind's success is to improve the refills rate (retention rate). So it appears to me, right now, we have a great product but a less than satisfactory retention rate.
I believe Sanofi has stated about a drop-out rate of 65% sometime at the beginning of 2016. They also referenced about 20,000 people tried out Afrezza. Additionally, at one point, we were told 45,000 samples of Afrezza were distributed by Sanofi. All of these were pretty good numbers, except for the drop-out rate (or retention rate).
And in Mike's presentation in the ASM, he said that it won't work when you lose 6 or 7 out of 10 patients every month. Mike also said that, had we had good renewal rate, Afrezza's first year sales would have been in the range of $20-40 million (instead of $7 million).
Here is the link to the Mannkind ASM video. vimeo.com/167332167 (Mike's presentation starts at around 22' and ends at around 35'.)
So Mike’s numbers match up with Sanofi’s number in that the drop-out rate is about 65% (or higher, if it the drop-out is 6 or 7 out of 10 every month).
If we look at our scripts count chart, we have reached to around 250-300 weekly refills at round 1/1/2016. Had we had better retention rate, conservatively speaking, our weekly refills probably would be 400/500 right now and we would we have a TRx of around 500/600 (i.e., matching the Sanofi high water Trx with basically zero promotion and minimal NRx).
Besides insurance coverage, prior authorization and reimbursement hurdles (which hurts retention rate), I believe Mannkind (and Sanofi) so far probably have under-estimated the challenges of titrating Afrezza. My impression is that Al and his team may have thought it would be easier for Afrezza users to titrate Afrezza than the with the RAAs. That probably would be true if new users of Afrezza have had no knowledge of insulin generally and RAAs in particular and how to use them. The reality is that Afrezza is more difficult to titrate than RAA because it is a paradigm shifting product and, to proper titrate, a user really needs to first de-learn all his/her knowledge about the usage of RAAs.
I am really glad that Mike and his team are taking the right steps and measures to address the retention issue: Mannkind Cares, titration package, the dosing guide, new sample programs are good examples.
My main purpose of this post is to initiate a discussion in this board to see if, in addition to the above measures that Mannkind is taking, whether we have some other ideas or suggestions to help Mannkind/users to make the titration process easier and more like a sure success process.
Here are a few thoughts of mine just to initiate the discussion:
1. If possible, some type of video or animation guide on titration will be great.
Not sure how restrictive FDA is on this or how difficult it will be Mannkind to produce some type of video or animation titration guide, but I would think if it is possible it would really helpful.
Mike B. at Austrialia produced a few impressive videos (afrezzadownunder.com/afrezza-insulin/) and are really informative. I do not how many Afrezza users have benefited from it, but here is one comment from them:
My son has more stable blood sugars with Afrezza and Tresiba than he did with OmniPod and Humalog. It reduces highs more quickly and eliminates lows. His A1C had been running 7.0-7.2 and declined to 6.6 after two months on Afrezza. It requires a different mindset, but we learned a lot by watching videos at AfrezzaDownUnder.com. The learning curve was a tough week to two, but was greatly aided by our CGM (Mike is right that CGMs are an idea partner to frezza). Son's quality of life much improved. I can be more specific on any particular aspect if you are more curious. We absolutely love Afrezza.
www.tudiabetes.org/forum/t/exciting-news-since-switching-to-tresiba/54986/42?u=charles5
2. If there a way for pull the expertise of the really successful Afrezza uers together and put them to use (like setting up an Afrezza user community)?
Even among our most successful Afrezza users, I noticed that there are a few of them who basically mastered the timing and dosage of Afrezza to a higher level than the others (as evidenced by their CGM graphs with smooth and flat lines). Afrezza Guy is one of them (see his CGM graph below). I would think Matt B. is another one due to the knowledge he demonstrated in his writings on Afrezza on his blog. Duck Fiabetes NorCal probably is another one (see his CGM graph below. But some may think he may have allowed his BG level to go down too much sometimes). Gustavo Basualdo may be another user that has excellent controls of his blood sugar level.
To this end, we will look at purely how well an Afrezza user is able to use Afrezza to control his blood sugar level regardless whether he/she is well known to the others in the diabetic community. We really need to pool these users and compile their most helpful tips and find ways to share the tips to the new users.
I try to the extent I can to compile the useful tips in afrezzajustbreathe.com. However, I do not think the site generates a large traffic to be helpful to a lot Afrezza users.
www.afrezzajustbreathe.com/tips-from-afrezza-users/
I think to a large extent, as a community, we already have a good amount of helpful information (as evidenced by Matt B's site, my above blog post, Afrezzauser's blog (afrezzauser.com/afrezza-journey/), many posts on Twitter and tudiabetes.org). However, most new Afrezza users do not know that such information is out there or, if they do, where to get such information.
I recall Matt mentioned something about Afrezza Advocate Counsel earlier this year. Not sure if Mannkind is still working on this idea.
3. Timing of taking Afrezza
I believe it is now pretty clearly demonstrated that Afrezza is most effective for most meals to be taken 10-15 minutes after the start of the meal. However, I understand that Afrezza’s label is still limiting the manual to say that Afrezza is to be taken “at the beginning of” each meal. There needs to be ways to let users know that, in this case, “at the beginning of” each meal actually should be translated as 10-15 minutes after the start of the meal.
afrezzadownunder.com/2015/10/afrezza-timing-is-everything/
www.afrezzajustbreathe.com/tips-from-afrezza-users/
4. Dosage of Afrezza
Matt B. has demonstrated that it is best to think Afrezza dosage as small, medium and large rather than 4, 8 or 12 units as he think it is a bit misleading to covert the units between Afrezza and RAAs. Also, he demonstrated it needs more Afrezza to bring blood sugar levels down (once it is up there) than to keep the blood sugar level from rising in the first place. I understand that Afrezza’s label is still limiting the manual to say these things, but finding a way to bring such information to the users will definitely help users to titrate (so that they will pay more attention to the timing of the Afrezza, not afraid of taking large dosage of Afrezza and remember to take follow-up dosage).
afrezzadownunder.com/2015/09/afrezza-units-insulincarb-ratios/
5. Follow up dosage(s)
I understand for users of RAAs, you generally do not take any follow-up dosage as that will have an insulin stacking issue. However, contrary to that of RAA, due to its short tail, not only it is much much safer to take follow-up dosage of Afrezza (with little risk of insulin stacking), it actually is often necessary to take follow-up dosage of Afrezza in order to obtain optimum control of one’s blood sugar level. How do we best bring this information to the new users of Afrezza.
www.afrezzajustbreathe.com/tips-from-afrezza-users/
I am taking the liberty copying Spiro’s posts below to create a new thread to see if we can have some discussions on improving the refill rate.
"Spiro believes that in order for MNKD's share price to make significant advancement, barring some unexpected positive development not related to Afrezza, it will be necessary for MNKD to meet certain Afrezza sales levels. After studying Sanofi's early launch numbers, Spiro has decided that he would like to see some progress in sales by week 12 of MNKD's launch. At week 12, SNY only had 210 NRX and 257 TRx. It appears that Sanofi was only achieving about a 20% refill rate. Spiro's definition of progress is focused not only only on NRx numbers but mostly on the need to reach 50- 75% or higher refill rates. Spiro believes that Afrezza's new packaging will be likely the key to MNKD reaching and easily beating Sanofi's refill rates. Spiro is very confident that Mike and Matt have the pieces in place and the proper strategy to make Afrezza a successful alternative to injecting.
Spiro here, just talking to himself out loud and hoping that he is somewhat correct?" Read more: mnkd.proboards.com/user/44/recent#ixzz4HR2DGewZ
"Spiro's focus is mostly on refills and retention of adapters. If Sanofi had retained 75% of tit's users, they would still be selling the drug now. The only way Afrezza doesn't work great in most people is improper dosage. The new packaging should keep the costs down for the user and provide the ability to increase dosage with larger meals. Clearly Spiro hopes that NRx will be higher than 212. Spiro wants the TRX to be over 500, which would indicate retention of users. Sanofi only had a TRx of 257 which indicated a poor refill rate. If by week 12, the NRx were 1000 and the TRx were 1100, that would be very troubling for Spiro.
Spiro here, it's all about refills and satisfied new users." Read more: mnkd.proboards.com/user/44/recent#ixzz4HR2G3t6K
I share with Spiro in that I agree the key for Mannkind's success is to improve the refills rate (retention rate). So it appears to me, right now, we have a great product but a less than satisfactory retention rate.
I believe Sanofi has stated about a drop-out rate of 65% sometime at the beginning of 2016. They also referenced about 20,000 people tried out Afrezza. Additionally, at one point, we were told 45,000 samples of Afrezza were distributed by Sanofi. All of these were pretty good numbers, except for the drop-out rate (or retention rate).
And in Mike's presentation in the ASM, he said that it won't work when you lose 6 or 7 out of 10 patients every month. Mike also said that, had we had good renewal rate, Afrezza's first year sales would have been in the range of $20-40 million (instead of $7 million).
Here is the link to the Mannkind ASM video. vimeo.com/167332167 (Mike's presentation starts at around 22' and ends at around 35'.)
So Mike’s numbers match up with Sanofi’s number in that the drop-out rate is about 65% (or higher, if it the drop-out is 6 or 7 out of 10 every month).
If we look at our scripts count chart, we have reached to around 250-300 weekly refills at round 1/1/2016. Had we had better retention rate, conservatively speaking, our weekly refills probably would be 400/500 right now and we would we have a TRx of around 500/600 (i.e., matching the Sanofi high water Trx with basically zero promotion and minimal NRx).
Besides insurance coverage, prior authorization and reimbursement hurdles (which hurts retention rate), I believe Mannkind (and Sanofi) so far probably have under-estimated the challenges of titrating Afrezza. My impression is that Al and his team may have thought it would be easier for Afrezza users to titrate Afrezza than the with the RAAs. That probably would be true if new users of Afrezza have had no knowledge of insulin generally and RAAs in particular and how to use them. The reality is that Afrezza is more difficult to titrate than RAA because it is a paradigm shifting product and, to proper titrate, a user really needs to first de-learn all his/her knowledge about the usage of RAAs.
I am really glad that Mike and his team are taking the right steps and measures to address the retention issue: Mannkind Cares, titration package, the dosing guide, new sample programs are good examples.
My main purpose of this post is to initiate a discussion in this board to see if, in addition to the above measures that Mannkind is taking, whether we have some other ideas or suggestions to help Mannkind/users to make the titration process easier and more like a sure success process.
Here are a few thoughts of mine just to initiate the discussion:
1. If possible, some type of video or animation guide on titration will be great.
Not sure how restrictive FDA is on this or how difficult it will be Mannkind to produce some type of video or animation titration guide, but I would think if it is possible it would really helpful.
Mike B. at Austrialia produced a few impressive videos (afrezzadownunder.com/afrezza-insulin/) and are really informative. I do not how many Afrezza users have benefited from it, but here is one comment from them:
My son has more stable blood sugars with Afrezza and Tresiba than he did with OmniPod and Humalog. It reduces highs more quickly and eliminates lows. His A1C had been running 7.0-7.2 and declined to 6.6 after two months on Afrezza. It requires a different mindset, but we learned a lot by watching videos at AfrezzaDownUnder.com. The learning curve was a tough week to two, but was greatly aided by our CGM (Mike is right that CGMs are an idea partner to frezza). Son's quality of life much improved. I can be more specific on any particular aspect if you are more curious. We absolutely love Afrezza.
www.tudiabetes.org/forum/t/exciting-news-since-switching-to-tresiba/54986/42?u=charles5
2. If there a way for pull the expertise of the really successful Afrezza uers together and put them to use (like setting up an Afrezza user community)?
Even among our most successful Afrezza users, I noticed that there are a few of them who basically mastered the timing and dosage of Afrezza to a higher level than the others (as evidenced by their CGM graphs with smooth and flat lines). Afrezza Guy is one of them (see his CGM graph below). I would think Matt B. is another one due to the knowledge he demonstrated in his writings on Afrezza on his blog. Duck Fiabetes NorCal probably is another one (see his CGM graph below. But some may think he may have allowed his BG level to go down too much sometimes). Gustavo Basualdo may be another user that has excellent controls of his blood sugar level.
To this end, we will look at purely how well an Afrezza user is able to use Afrezza to control his blood sugar level regardless whether he/she is well known to the others in the diabetic community. We really need to pool these users and compile their most helpful tips and find ways to share the tips to the new users.
I try to the extent I can to compile the useful tips in afrezzajustbreathe.com. However, I do not think the site generates a large traffic to be helpful to a lot Afrezza users.
www.afrezzajustbreathe.com/tips-from-afrezza-users/
I think to a large extent, as a community, we already have a good amount of helpful information (as evidenced by Matt B's site, my above blog post, Afrezzauser's blog (afrezzauser.com/afrezza-journey/), many posts on Twitter and tudiabetes.org). However, most new Afrezza users do not know that such information is out there or, if they do, where to get such information.
I recall Matt mentioned something about Afrezza Advocate Counsel earlier this year. Not sure if Mannkind is still working on this idea.
3. Timing of taking Afrezza
I believe it is now pretty clearly demonstrated that Afrezza is most effective for most meals to be taken 10-15 minutes after the start of the meal. However, I understand that Afrezza’s label is still limiting the manual to say that Afrezza is to be taken “at the beginning of” each meal. There needs to be ways to let users know that, in this case, “at the beginning of” each meal actually should be translated as 10-15 minutes after the start of the meal.
afrezzadownunder.com/2015/10/afrezza-timing-is-everything/
www.afrezzajustbreathe.com/tips-from-afrezza-users/
4. Dosage of Afrezza
Matt B. has demonstrated that it is best to think Afrezza dosage as small, medium and large rather than 4, 8 or 12 units as he think it is a bit misleading to covert the units between Afrezza and RAAs. Also, he demonstrated it needs more Afrezza to bring blood sugar levels down (once it is up there) than to keep the blood sugar level from rising in the first place. I understand that Afrezza’s label is still limiting the manual to say these things, but finding a way to bring such information to the users will definitely help users to titrate (so that they will pay more attention to the timing of the Afrezza, not afraid of taking large dosage of Afrezza and remember to take follow-up dosage).
afrezzadownunder.com/2015/09/afrezza-units-insulincarb-ratios/
5. Follow up dosage(s)
I understand for users of RAAs, you generally do not take any follow-up dosage as that will have an insulin stacking issue. However, contrary to that of RAA, due to its short tail, not only it is much much safer to take follow-up dosage of Afrezza (with little risk of insulin stacking), it actually is often necessary to take follow-up dosage of Afrezza in order to obtain optimum control of one’s blood sugar level. How do we best bring this information to the new users of Afrezza.
www.afrezzajustbreathe.com/tips-from-afrezza-users/