Market sizing for a new product launch in the biotech space
Life Sciences Interview Questions
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Market sizing for a vaccine made by an Italian company for the Italian market. The target is a disease that you can catch while traveling in hot countries through mosquito bites. Question number one: Can you assess the market size for Italian traveling abroad? Question number two: what about the Italian not traveling (If a patient is sick and back home, Italian mosquito can actually cary the disease to other Italian) can you assess the market size of this segment ? (conclude that you should focus on Italian traveler as the market is much bigger) Question number three (Qualitative only): How would you set the price of the vaccine ? Question number 4: What is the potential revenues of such product?
- Case 1: Lauch und Pricing Strategy eines neuen Vaccines - relativ anspruchsvolls, da sehr vielschichtig. Mathematisch eher das obere Ende (alles im Detail ausrechnen, keine Vereinfachungen), qualitativ auch anspruchsvoll, häufiges Rückfragen "Warum genau? Was noch? Ist das wirklich so?". - Case 3: Kunde hat eine neue multi prupose drug entwickelt und gibt uns eine Longlist mit 800 Applikationen. Binnen 4 Wochen sollen die Top Applikationen selektiert werden - wie geht man vor?
The client has developed a new therapy that may be effective in treating two different symptoms/diseases. Given that they can only afford to pursue one, for which indication should our client seek clinical testing?
Walk me through your CV Surprise case study on a Friday night
Personality questions: A time you had a conflict with a team, why are you interested in consulting, describe your scientific research background Case interview questions: 1. Quantitative market sizing, estimation of the market size for a niche exercise business in the US, used real numbers on the fly, were mostly round numbers so it was pretty straight forward. 2.Qualitative question: This one was a bit general, how would you advise a client that is launching a new medication in approximately 6 months, what factors to consider etc.
market size for a small gym
Why are you interested in L.E.K. specifically?
Estimate market size for a drug
What would colleagues say about you after working with you for a year? What recent pharma/biotech news do you find interesting?
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