Pharmaceutical and medical industry meeting planners are under more scrutiny to stay compliant with the latest codes of conduct from authorities such as PhRMA, AdvaMed, and the The Physician Payments Sunshine Act. The stakes for non-compliance are increasing – from fines of up to $1 million and in some circumstances, even jail time.
In addition, medical professionals are not enjoying the time they spend at conferences as much as they should. A recent survey of 237 physicians across 11 global markets showed that 95 percent of them expected engaging and impactful meetings, but 39 percent said that they didn’t have a positive experience at the meetings they had attended recently.
To help the industry cause, we’ve outlined several meeting planner fundamentals that help address common pain points associated with successfully executing meetings, trainings and events in the pharmaceutical industry.
Fundamental #1: A Desirable Location
Industry collaboration is more than just organizing attendee logistics from one or two states away; it’s often a worldwide planning endeavor. Choosing a meeting location that’s readily accessible and near the most number of direct flights and trains for local and overseas guests is crucial. Also, setting up near local restaurants, shopping, cultural institutions, and landmarks is beneficial for out-of-town attendees that want to experience the city.
Downtown New York City not only offers a large concentration of health care professionals (nearly 2,000 medical professionals are in the New York BioPharma Networking Group alone) but is also close to three major airports and offers a plethora multiple public transportation options, numerous hotels, top restaurants, and tourist attractions such as the World Trade Center, Statue of Liberty, Brooklyn Bridge, Manhattan Bridge, Battery Park, and the Hudson River!
Fundamental #2: Maximum Group Privacy
With new research to share, important ideas to exchange, and complex problems that need to be solved, the last thing any medical meeting planner wants to confront is having a tourist strolling in wearing flip-flops, a wedding party raiding the buffet, or competitors snapping photos or recording research findings.
Hiring 10+ guards may seem like overkill as well. Group privacy within a reasonable budget can be had. Look for buildings and venues that already include a “lobby registration or security” as part of their standard operating procedure. In addition, by creating a simple digital registration process upon check-in and within meeting rooms, attendees are able to bypass complicated check-in lines while also maintaining the security standards needed at each door.
Meetings with strict compliance policies like investigator meetings (when healthcare professionals get together for training on participating in clinical trials that will move their drugs and devices forward) require maximum privacy. Venues that offer “full buyouts” is a common solution that Convene’s clients ultimately choose, especially when content is sensitive or confidential in nature.
Fundamental #3: Informative and Engaging Segments
Pharmaceutical and medical meetings often feature a variety of well-accomplished participants (not just speakers), which provides the perfect opportunity for planners to spotlight each of them not only for the professional accomplishments but their personal ones too.
Inclusive, social-first activities within the programming should become part of the agenda. Whether the format is focused on listening to a presenter in a traditional conference setting, introducing a new product line, or sharing patient stories, each of these activities needs a specific social setting to be more interesting and engaging.
Therefore, it’s important to consider a minimum of three separate spaces to complement the most parts of your programming: presentation space, networking and/or meal space, and exhibitor space. This allows all of the participants to maximize the number of “casual collisions” that make productivity, friendship, and memories so important for any successful meeting, training and event. The common area should create a natural flow so attendees don’t get lost during break times!
Fundamental #4: Find a Partner, not a Vendor
Avoid headaches long before the event by spending time upfront searching for a conference partner, rather than just a space, a caterer, and an AV company. A conference partner offers integrated solutions to common and complex problems planners often have, especially if they are familiar with your industry.
Purpose-Built for Pharmaceutical and Medical Meetings
If you haven’t been able to find a conference partner that checks all of those boxes yet, then look no further! Convene’s amazing space at 32 Old Slip in New York City is the perfect choice for your next industry event.
“With food and beverage guidelines at the forefront for so many pharma planners, Convene’s meeting packages make it incredibly easy to work with these budget requirements,” said Caroline Foley, former pharma meeting planner and current Account Manager at Convene. “Also, Convene’s rooms include the latest technology, so meeting budgets doesn’t have to be blown away with tech setup, breakdown, and high equipment rentals that so often apply when planning with a hotel. Working with a partner like Convene that integrates all meeting planning touch points – from breakouts to dietary restrictions and more – into one package makes a planners life so much easier.”
See more of Convene’s purpose-built, full-service meeting and event venues in other cities here.