Drug Pricing in the United States

Tom Spencer

1 Pharmaceutical companies are unique in their capacity, due to little regulation and oversight, to raise prices. Because of the ability of health insurance companies and benefit executives at leading pharmaceutical companies to negotiate discounts and benefit packages, many in the industry argue that list prices on prescription drugs aren’t actually a reliable indicator of what Americans pay. In order to limit competition, pharmaceutical companies rely heavily on patent laws.

An Unconventional Path: One Medical Student’s Journey Into Consulting

Tom Spencer

I decided to pursue a master’s degree alongside my current training in order to better understand how clinical research played a driving role in the pharmaceutical and medical device business world. As you make your own decision to pursue consulting and what firms to work at you’re going to have to weigh factors such as traveling requirements, possibly working in industries you aren’t familiar with, and the inevitable steep learning curves.


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Simon-Kucher & Partners Interviews & Culture

Management Consulted

The firm has developed an impressive client list of many Fortune 500 companies from a variety of industries, but the majority of its business comes from pharmaceutical, healthcare, and medical technology firms. Transportation, Travel & Tourism. If you were a doctoral hire (or worked on many healthcare related strategy projects) you will have an open door into nearly any pharmaceutical, medical, or biotech company. Travel is unavoidable at Simon-Kucher.

The Science of Burnout: Interview with Dr. Sangeeta Pati

Consulting Matters

Well I was born in the United States and traveled and got exposed to a lot of schooling abroad, which obviously ultimately has influenced where I have gone in medicine. What I realized when I started traveling around the world and working with midwives and traditional birth attendants is that the tools that I had learned at Georgetown where I trained, which were mostly centered around pharmacy and surgery, were limited. Interview Transcript: Betsy: Good afternoon.

ZS Associates Firm Profile

Management Consulted

In 1982, Andy presented his and Prabha’s mathematical models for sales force sizing and territory alignment to the Pharmaceutical Management Science Association (PMSA), using an early Apple computer to display sales territories on-site. By 1986, ZS had helped eight of the ten world’s largest pharmaceutical companies size sales forces and align territories in USA, Canada, and Europe. Pharmaceuticals & Biotech. Travel & Transportation. ZS ASSOCIATES.

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Top Consulting Firms


However, they tend to have an intense lifestyle with lots of travel, face-to-face engagements, and long hours as a result. If you are interested in a career with a lot of travel, this could be a good place for you. Hours, though flexible, can still be long, and travel is a weekly reality. Because of the focus on federal consulting, consultants don’t have to travel as much as they do at other consulting firms. What are the Top Consulting Firms?

Blockchain in Healthcare: Possibilities and Limitations

Tom Spencer

Blockchain technology could also be used to reduce loses due to counterfeit drugs, which cost pharmaceutical companies an estimated $200 billion per year. His free moments are spent traveling and enjoying sporting events with his wife and daughter. The blockchain revolution continues…next stop: healthcare!

The 6 Million Euro Man (or Woman): Sourcing Superior Talent

Confessions of a Consultant

Case Example: One of our pharmaceutical clients decided to develop a systematic way to assess internal and external candidates for the role of Site Leader. Does this job (geographical location, travelling requirement etc.) The cost of a ‘wrong hire’ can be enormous. Each time you hire a new employee you potentially spend several million Euro.

How I Fell In Love With Business: Confessions of a Bain Consultant

Management Consulted

My best friend and traveling companion, Lawson, was sporting – she’d studied Spanish for 10 years and was confident, conversational and even funny in the language. We traveled to a mountain village in central Honduras and met people who changed our life. A short wander through the back woods of Laos later, I met my first consultant – a woman on furlough from McKinsey who was traveling the world alone.

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Top 10 Consulting Firms in San Francisco

Management Consulted

If you enjoy travel then you won’t be disappointed; most cases require international travel. C1 Consulting: A boutique life-sciences consulting firm committed to helping pharmaceutical and biotechnology clients. Here at MC, we’ve been absolutely thrilled to launch our new series and bring you some juicy insights into the Top 10 Consulting firms in every major consulting city and region around the world.

4 Autopsies of Big Change Management Failures

LSA Global

They received early success because of the early American desire for big vehicles that could travel over any terrain in the world. They were famously sued by Polaroid when Kodak’s version of an instant developing camera was deemed an illegal knock-off; they did not stay price competitive against low-cost mass distributors; they lost their film market in good part to Fuji; and they bought into the pharmaceutical industry with little idea of how the pharma business works.

BTS Group Interviews and Culture

Management Consulted

Pharmaceutical and Biotech. Get ready to be flexible when working for BTS Group; you might be traveling for as long as 5 weeks at a time working 70-80 hours a week, and other times you may be in the office all week. BTS GROUP INTERVIEWS AND CULTURE. 30 years old and long a mainstay in European consulting, BTS Group has been steadily growing since its inception in 1986. A strategy execution and implementation firm based in Sweden, today the firm counts 59 of the U.S.

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The Crazy Lives of Consultants: is it just me.

The Crazy Lives of Consultants

Maybe you hope to find cheap airfare in the local newspaper's travel section. Finding the cheapest plane tickets is difficult because travel agents and Internet websites use the central reservation systems that are updated periodically throughout the day. It was previously sold as Fastin from King Pharmaceuticals for SmithKline Beecham, however in 1998 it was removed from the market. skip to main | skip to sidebar. Friday, January 29, 2010. is it just me.

Why I Never Wanted to Be a Consultant: Confessions of a Bain Consultant

Management Consulted

This is Part 2 of a 12-part “Transparency” series, tracing Jenny Rae’s slightly crazy life from her early (5-year-old) roots in business to her travels and then to Bain and beyond. He said malaria was the biggest medical issue facing his patients, so I decided to explore the use and effectiveness of both traditional bush remedies and pharmaceutical treatments.

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Panic Over Ebola: Airline Strikes, Banned Flights, Experimental Drugs


Anyone traveling from ebola hotspots in Africa, Guinea, Liberia, and Sierra Leone, to select US airports will get special screening and have their temperatures. Twenty percent of respondents opposed a travel ban, and the rest said they didn’t know. Cabin cleaners who work for Air Serv walked off their shifts at La Guardia airport, according to union representatives, the day after the US said it would step up health screenings of air travellers in the coming days.

From STEM PhD to Federal Consulting: An Interview with Josh

Management Consulted

This provided me with a steady income, a flexible schedule to travel and train and also helped me tap into my “inner entrepreneur” (I have started three businesses since this experience). Our goal is to share this experience with our clients and help them find the most rewarding, challenging and exciting careers in government consulting; the biotech, pharmaceutical and medical device industries, federal government and nonprofits.

IBM Consulting Interviews: Navigating the IBM GBS Maze

Management Consulted

During this same time, IBM and Coopers & Lybrand formed Meritus Consulting Services to provide strategic advice to businesses in the consumer packaged goods, pharmaceutical, aerospace, and automotive industries. Travel and Transportation. Travel to client locations are required. IBM Global Business Services (GBS).

FTI Consulting Interviews and Culture

Management Consulted

As an outgrowth of a multi-district pharmaceutical case, the firm formed its technology practice, specializing in e-discovery solutions and software. It also means that interns are at times required to travel and interact with FTI’s clients. FTI can be a great place to learn some new proficiencies, find opportunities for travel, meet high profile clients and dive into cutting edge cases. FTI CONSULTING INTERVIEWS & CULTURE.

How Digital Health Care Can Help Prevent Chronic Diseases Like Diabetes

Harvard Business

One of the barriers to getting prediabetics to participate in these in-person programs is the time and expense required to travel to and attend them. Eric Frommelt/Getty Images. Diabetes is one of the most pervasive and expensive chronic diseases: It affects an estimated 30.3 million people in the United States and costs a staggering $245 billion per year to treat. In addition there are 84.1

What Should an Apple Car Be?

Harvard Business

Think of the ultimate home office with printers, a desk, and video conference abilities so pharmaceutical reps and traveling sales people don’t have to squat at Panera or Starbucks all day. Tim Cook recently confirmed that Apple is working on ‘autonomous systems.’ ’ As usual with Apple, details are sparse, but it’s likely that autonomous cars are part of this.

Why consulting?

Management Consulted

“I am competitive in nature and always give the best in whatever I do and my passions include photography, travelling and embracing new cultures and languages. Consultants get to travel quite a lot and meet different kinds of people and this makes them diverse and enables them to have insights, which others can only strive for. The perks were fantastic – travel to new locations, work in different industries, client pays for the travel.

Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

When people talk about having done “the easy stuff,” they mean they haven’t filled vacant positions and have eliminated some corporate staff, frozen or cut travel and board education, frozen capital spending and consulting, postponed upgrades of their IT infrastructure, and, in some cases, launched buyouts for the older members of their workforces, hoping to reduce their benefits costs. PM Images/Getty Images. A recent Navigant survey found that U.S.

64 Proven Ways Consultants Can Generate Leads Online (Consulting Lead Generation)

Tsavo Neal

What’s great about speaking at a web conference is that you don’t have to travel — and neither does your audience. Consulting lead generation isn’t easy, especially when done online. Only a few years ago, your prospects didn’t care about your website. Now, B2B decision makers are actively looking for consultants online, and your digital presence can be a huge part of how you generate new conversations with buyers.

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Interviews with 59 Black Female Executives Explore Intersectional Invisibility and Strategies to Overcome It

Harvard Business

” Another executive walking the tightrope of managing her underrepresented identity, Mara (SVP, Pharmaceuticals), told us, “I was black, they were white…I was female, they were all male…There was nothing that was an obvious similarity between us. ” She began focusing on building relationships with colleagues based on shared interests and experiences such as family and travel. HBR Staff.

Bologna Shows How a Business Cluster Can Stay Vibrant for Centuries

Harvard Business

Firms in the cluster design, manufacture, and assemble packaging machinery for a wide range of products, such as baked goods, confectionery, beverages, tea, tobacco, pharmaceuticals, and chemicals. The fruit of their travel was first the gestation and then, around 1844, the foundation of a technical school named after them. Their first major customer was Gazzoni, a local pharmaceutical company that made a powder called Idrolitina, which added sparkle to drinking water.

Enhancing Customer Insights with Public Location Data

Harvard Business

In some specialized industries, such as pharmaceuticals , monitoring consumer behavior can be a legally mandated part of post-purchase experiences, with the ultimate goal of vigilance for brand and consumer safety (such as tracking adverse drug reactions). KLM conducted social media research to find out more about why the customers were waiting at the gate, whether their flights were delayed, why they were traveling, and then surprised them at their gates with personalized gifts.

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How to Apply for a Job You’re Overqualified For

Harvard Business

Erdogan suggests saying something along the lines of, “I’d like to be in a job with more predictability and reduced travel.” ” One day he interviewed for a marketing support job at a pharmaceutical company. ia_64/iStock. A job opening catches your attention but the required experience is only eight years — and you’ve been in the industry for 15. Should you still apply?

Why More Cities Should Offer Summer Jobs for Teens

Harvard Business

For some teens, working has been replaced by other activities such as coding camps, preparing for academic tests, or travel — all of which look good on a college application. Jens Schlueter/Getty Images. Recently, the United States marked a record seven-year stretch of continuous monthly job creation, resulting in a historically low unemployment rate of 4%.

Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

We are working with a large travel and tourism firm to introduce a system for real-time employee feedback. In a project for a pharmaceutical company, we were able to isolate the specific information sources that drove positive and negative sentiment toward the client’s brand. Harry Haysom/Getty Images. Data science is becoming a reality for change management, and although it may not have arrived yet, it is time for organizations to get ready.