description PharmaSim Overview
PharmaSim is an educational marketing simulation developed by Interpretive Simulations for use in university business courses. Participants manage a portfolio of over-the-counter pharmaceutical brands, making decisions related to pricing, advertising, product formulation, and sales force allocation. The simulation tasks students with analyzing market research and responding to competitor actions over a simulated multi-year period. It is designed to teach strategic brand management within the context of the consumer healthcare industry.
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