Pharmaceutical Industry
Market Research

Perhaps I Should Prescribe the Placebo

By Noah Pines

Why an impressive placebo response does not mean the sugar pill did all the work -- and how pharma commercial teams should communicate what its medicine actually adds

When the Control Arm Steals the Show

During a recent visual aid test my colleagues and I were conducting for a pharma client, a sugar pill appeared to be putting up rather respectable numbers.

We were evaluating physician reactions to an IVA for an investigational insomnia medication, although the same dynamic could readily surface with an analgesic or antidepressant. The active treatment, Product X, produced a statistically significant improvement over placebo, but many of our physician respondents were less focused on the p-value than the graph. To them, the treatment advantage looked modest, the separation between the arms was not especially dramatic and patients receiving placebo had improved substantially.

More than one physician offered essentially the same reaction, partly in jest but only partly: “Perhaps I should just prescribe the placebo.”

I suspect I am not the only moderator in pharma marketing research who has heard some version of this quip. One physician saying it may simply be enjoying the sound of his own punchline. When several say it independently, however, the joke has become a finding.

The physicians certainly were not disputing the statistical analysis. They were questioning whether Product X’s apparently incremental benefit looked meaningful enough to change their prescribing behavior. On the face of it, that was fair criticism. It also left the marketing team with a familiar conundrum: how do you explain a conspicuous placebo response without sounding defensive, patronizing or as though you are trying to talk the doctor out of what is plainly visible?

“I Shall Please,” And Apparently Impress

The word placebo comes from the Latin for “I shall please.” Even its etymology sounds mildly promotional and potentially subject to an MRL review.

Yet the placebo has an attribution problem. Clinical discussions routinely use placebo response and placebo effect interchangeably, although they describe different things.

The placebo response is the total change observed among patients assigned to placebo. It tells us what happened, but not why. The narrower placebo effect refers to the psychobiological influence of expectation, previous experience and conditioning. Patients have spent a lifetime associating pills, physicians and clinical rituals with relief. Those associations can affect subjective experience and, in some settings, measurable physiology. “Psychological” is not a euphemism for imaginary.

But the placebo effect is only one ingredient in the larger placebo response. Patients may also improve because symptoms fluctuate, trial participation changes behavior, clinical attention increases, concomitant interventions help or an unusually severe period is followed by a more typical one. Measurement variability and reporting bias can join the procession.

Regression to the mean is especially important. Patients often qualify for a trial precisely because their symptoms are unusually troublesome at baseline. Some will look better when reassessed even if nothing therapeutically meaningful has occurred. The inert tablet just happens to be nearby and, like an executive being hired shortly before an improvement in quarterly earnings, receives an inordinate share of the credit.

A conventional two-arm clinical trial cannot apportion the improvement among these causes. That generally requires a no-treatment group. Most industry trials were designed to answer a different question: what additional benefit did the medicine produce beyond everything experienced by both randomized groups?

Placebo Is Something of a Shape-Shifter

High placebo responses are particularly common when endpoints are subjective, symptoms fluctuate and expectations can influence experience. Insomnia offers all three.

A meta-analysis of 32 insomnia studies involving 3,969 participants found improvement in placebo groups across sleep onset, total sleep time, wakefulness after sleep onset and sleep efficiency. Changes in the placebo groups were equivalent to nearly 64% of those observed in the drug groups. That figure is eye-catching, but it does not mean inert pills generated 64% of the pharmacological benefit. It describes parallel improvement; it does not assign causality.

Other categories furnish equally intriguing examples. In osteoarthritis and chronic pain, sham injections, sham physical therapy and even sham surgery have sometimes produced substantial improvements. Open-label placebos, i.e., tablets patients are explicitly told contain no active medicine, have shown benefits in conditions including irritable bowel syndrome, lower-back pain and premenstrual symptoms. Nocebo research provides the disquieting mirror image: patients receiving placebo may report adverse events resembling those associated with the active drug they might be receiving.

The placebo is therefore neither nothing nor a clandestine medicine. It is an elaborate admixture of biology, psychology, context, natural history and statistical happenstance.

From Explanation to Commercial Strategy

Knowing this is intellectually satisfying. It is not yet an actionable commercial response. Brand teams need to translate placebo literacy into a disciplined communications strategy, both before and after the physician raises the objection.

I would suggest six practical moves (while at the same time being keen to hear about others' experiences):

  • Diagnose the vulnerability early. Before the promotional narrative calcifies, conduct a cross-functional audit of the evidence with medical, commercial, I&A and field leadership. Identify where placebo improvement is visually prominent, where the between-group difference appears modest and which endpoints are most likely to invite skepticism. A recurring respondent quip in marketing research is not backroom entertainment; it is an early-warning signal.
  • “Inoculate” before the objection takes hold. In behavioral science, inoculation means exposing people to a recognizable objection and providing enough context to evaluate it before a more persuasive version arrives. A brand narrative can briefly acknowledge that a substantial placebo response is expected in the category before presenting the treatment difference. The objective is not to seed doubt, but to prevent physicians from equating “patients on placebo improved” with “the placebo caused the improvement.”
  • Make the increment clinically legible. Do not rely on statistical significance to carry the argument. Where supported by the evidence and permissible promotionally, show absolute differences, responder rates, time to onset, durability, relevant objective measures and clinically meaningful thresholds. The graph should answer, “What does the medicine add?” without requiring the physician to excavate the answer. The aim is to clarify the treatment difference, not to magnify it with a conveniently and comically compressed y-axis.
  • Give the field a conversational framework, not a statistics lecture. The response should follow three moves: acknowledge, disaggregate and re-anchor. Acknowledge that the placebo group improved. Disaggregate the placebo response into expectation, natural fluctuation, trial participation, regression to the mean and measurement variability. Then re-anchor the discussion on the randomized between-group difference and its clinical relevance.
  • Test the physician’s interpretation, not merely the graph's appeal. In messaging and visual aid/IVA research, ask what physicians believe caused the improvement in each arm, how they would describe the finding to a colleague, whether it changes their confidence in the medicine and what additional context they need. “Clear and credible” ratings will not reveal a faulty causal narrative. Listening to physicians explain the graph in their own words often will.
  • Finally, position the medicine where the increment matters. If the treatment advantage is modest overall, placebo education will not enlarge it. The strategic task may be to identify the optimal cue, be it a patient type, symptom presentation, treatment objective or other clinical circumstance in which that increment carries greater value. Precision is more persuasive than indiscriminate exuberance.

An appropriate field response might sound like this: “You’re right, doctor, the placebo group improved substantially. That response includes the treatment-expectation effect, but also natural fluctuation, study participation and regression to the mean. Because those influences were present in both randomized groups, the difference between them estimates what [Product X] added. The relevant question is whether that additional benefit matters for this patient.”

That explanation takes less than a minute and does not suddenly beam the physician back to college statistics. It acknowledges the evidence, respects the question and returns the discussion to clinical judgment.

The placebo is not the adversary of the medicine, and it should not be disparaged as though it had committed an evidentiary misdemeanor. But neither should it receive credit for every improvement that occurred in its general vicinity.

When a control arm steals the show, the strategic objective is not to drag it offstage. It is to help physicians understand precisely what they saw, and what your drug, Product X, contributed beyond it.

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Endnotes

  1. Shmerling RH. “The Placebo Effect: Amazing and Real.” Harvard Health Publishing. Updated June 22, 2020.
  2. Benedetti F. “The Concept of Placebo/Nocebo Response and Effect.” 2025.
  3. Saueressig T, Pedder H, Owen PJ, Belavy DL. “Contextual Effects: How to, and How Not to, Quantify Them.” BMC Medical Research Methodology. 2024;24:35.
  4. Winkler A, Rief W. “Effect of Placebo Conditions on Polysomnographic Parameters in Primary Insomina: A Meta-Analysis.” Sleep. 2015;38(6):925–931.
  5. Nogrady B. “Osteoporosis Has a Placebo Problem and It's Challenging Both Research and Clinical Practice.” Medscape Medical News. June 18, 2025.
  6. Kaptchuk TJ, et al. “Placebos Without Deception: A Randomized Controlled Trial in Irritable Bowel Syndrome.” PLOS ONE. 2010;5(12):e15591;
  7. Amanzio M, Corazzini LL, Vase L, Benedetti F. “A Systematic Review of Adverse Events in Placebo Groups of Anti-Migraine Clinical Trials.” Pain. 2009;146(3):261–269.