Kenny Lim
Mar 24, 2010

Novartis hands $16 million Voltaren Emulgel account to Starcom in China

BEIJING - Swiss pharmaceutical giant Novartis is believed to have handed its Voltaren Emulgel brand's media account to Starcom in China following a competitive three-way pitch that included ZenithOptimedia and MEC.

Novartis Voltaren Emulgel Philippines
Novartis Voltaren Emulgel Philippines
The media account for the over-the-counter (OTC) anti-inflammatory gel brand is reportedly worth $110 million yuan (US$16.1 million) in annualised billings. There was no incumbent for the account hitherto. Novartis’ estimated US$600 million global media business is currently handled by MEC.

Starcom Beijing is set to take on media planning and buying duties to help drive sales of the pain-relief gel across China. According to sources close to the review, agencies were evaluated on “creative and strategic” recommendations and the Publicis Groupe agency was picked for its “clearly communicated media solutions that are performance driven”.

Of the three OTC drugs by Novartis that are currently available in the Chinese market, Voltaren Emulgel still leads in sales and the pharmaceutical giant is keen to expand its local business by releasing over 20 OTC drugs by 2011.

Novartis had previously said it aims to quintuple sales in China to become one of the top-five firms in the domestic OTC drugs market by 2014.

The Swiss firm is planning to sell 200 million yuan ($29 million) worth of OTC products this year and would be looking at sales of 1 billion yuan ($146 million) in five years' time to make China its second-largest market in the world after the U.S.

Source:
Campaign China

Related Articles

Just Published

7 hours ago

Former Forsman & Bodenfors CEO Toby Southgate joins ...

Toby Southgate had left Forsman & Bodenfors last October as global chief executive.

16 hours ago

Not a masterpiece but Skyn's V-Day ad ditches ...

EXCLUSIVE: Skyn lands precious konbini shelf space in Japan’s cutthroat convenience store market. The brand announces that with a cheeky spot and an empowered protagonist.

17 hours ago

Trump's tariffs: What will happen to Chinese ...

With uncertainty looming over Chinese outbound brands that face steep tariffs in the US, Campaign asks brand experts how Chinese brands should sustain their growth and relevance overseas.

18 hours ago

Kunal Jeswani appointed CEO of Ogilvy ASEAN

Jeswani, who is also CEO of Ogilvy Singapore and Malaysia, will take on additional duties as ASEAN CEO, a newly created role focusing on growth in this important sub-region.