Project Title: Comprehensive PBM market assessment and Brand positioning

Rescription, Inc

Details
Project Title Comprehensive PBM market assessment and Brand positioning
Project Topics Market Research Product Design & Development Research, Analysis, Evaluation Sales & Business Development Strategic Planning
Skills & Expertise Brand Strategy Market Research Marketing Strategy
Project Synopsis: Challenge/Opportunity
Rescription Inc. seeks to deepen its understanding of the Pharmacy Benefit Management (PBM) landscape to refine its market positioning, identify emerging competitors and disruptors, and surface opportunities for differentiation. The student team will conduct an in-depth comparative analysis of key PBM players—from the industry giants to emerging innovators—with a focus on customer service models, technology integration, incentive programs, marketing strategies, and geographic presence.
Project Synopsis: Activities/Actions Required
Conduct primary and secondary research on major and minor PBM players in the U.S.
Analyze business models, incentive structures, pricing strategies, and technologies used.
Develop SWOT analyses and competitor matrices.
Evaluate customer-facing innovations and marketing tactics.
Synthesize key differentiators and opportunities for Rescription Inc
Project Synopsis: Expected Results
Deliver a comprehensive competitor analysis including profiles of 6–10 key PBMs
Identify 3–5 high-potential areas of differentiation for Rescription Inc.
Develop a visually engaging, data-backed strategy summary for internal stakeholders
Offer strategic insights on both domestic and select international PBM trends

Project Timeline

Touchpoints & Assignments Date Type

Project Kickoff

May 13 2024 Event

Projects Finalized

May 13 2024 Event

Program Kickoff

May 13 2024 Event

Project Proposal Deadline

May 13 2024 Event

Student Onboard & Assigned Teams

May 13 2024 Event

Student Pre-Kick-off Self-Assessment Form 05/13/2024

May 13 2024, 20:00 PM Evaluation

Student Temperature Check 06/18/2024

Jun 18 2024, 20:00 PM Evaluation

Student Temperature Check 07/16/2024

Jul 16 2024, 20:00 PM Evaluation

Project Complete

Aug 25 2024 Project Milestone

Project Complete

Aug 25 2024 Event

Project Complete

Aug 25 2024 Project Milestone

Industry Mentor Post-Engagement Team Assessment Form 08/25/2024

Aug 25 2024, 20:00 PM Evaluation

Student Post-Engagement Self-Assessment Form 08/25/2024

Aug 25 2024, 20:00 PM EST (UTC-05:00) Evaluation

Project Complete

Aug 25 2024, 20:00 PM Project Milestone

Student Post-Engagement Peer Assessment Form 08/25/2024

Aug 25 2024, 20:00 PM Evaluation

Program Managers

Name Organization
April Sime Montclair State University

Teams

Team Name  Project Name  Team Members 
No Teams Available