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Banking interviews are meant to gauge the potential of the candidate to see if he/she has the skills to be placed in any suitable post in the bank. Banking interv

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

iew questions are meant to measure the attitude, skill and adjustability of the candidate, to draw a conclusion on his/her suitability in the firm. The interviewe

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

s will ask as many questions they think is necessary before recruiting any candidate as they are concerned with the fact that the quality and skills of the employ

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

ees will determines the future of the company.

To become successful in the banking interview process, you need to be well prepared to face the different sets of

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

anking interview questions. Banking interview questions also starts with some general questions about the candidate such as his/her family background, education,

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

nd interests. The second and third set of banking interview questions will be meant to know the candidate’s work experience, nature, capacity, ideology, and abili

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ty to solve problems. Answering to the fist set of banking interview questions related to your family, qualification, or future planning will be quite easy.

Let

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

s discuss some of the common but very effective banking interview questions.

The interviewer may typically begin with ‘tell me about yourself”. It is a common op

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

ener which is meant to set the ball rolling for the next few minutes ahead. Even though this is the common question which will be asked in most of the interviews

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ou can score brownie points by answering the question a bit differently, but at the same time not deviating much from the context.

Other commonly asked banking i

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

terview questions include:

General Questions

Why did you choose banking as your profession? Do you have any previous experience? Why you left your previous j

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ob? Why do you want to work for us? How long will you stay with us? Where you see yourself in another five years?

Finance related banking interview questions

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

If you could buy one stock today, what would it be and why? Can you explain the effect of rising interest rates on the United States economy? What are the ma

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

in issues ABC Company has to face before entering a given industry (Porter framework)? Explain the techniques you use to value firms? What do you mean by cost

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

of capital? When do you use a WACC versus a cost of equity?

Behavioral Questions

Do you think you have leadership quality? Can you explain when did you show l

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

adership? Have you think you can perform well in a group? What is your most noted accomplishment? What are your positive traits or strengths? What are your n

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

egative traits or weaknesses? What you can do for the company others people can’t? Explain an example when you had a personal conflict and how you resolved it?

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

Tell a time when you had an ethical dilemma and how you resolved it. What type of person do you find difficult to get along with?

The above mentioned are some

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

of the common questions that are used by most of the banking interviewers. Remember that for a banking job interviewer, there cannot be a dearth for questions. S

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

be well prepared before attending the interview and answer all questions in a positive way. Remember if you have the material they are looking for, you’ll get it

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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