PriceSpective

  www.pricespective.com
Work in HR? Unlock Free Profile

PriceSpective Analyst Interview Questions & Reviews

All Interviews Received Offers

Getting an Interview  

37%
37%
25%

Interview Experience  

57%
14%
28%

Interview Difficulty  

Average Difficulty
8 candidate interviews Back to all interview questions
Relevance Date Difficulty
in
More

Accepted Offer

Positive Experience

Difficult Interview

Analyst Interview

Analyst
Los Angeles, CA

I applied online and the process took 4+ weeks - interviewed at PriceSpective in May 2013.

Interview Details – Over a period of 4 weeks I had a 30 min phone screener, 60 minute phone interview with a Director, than a multiple hours in person day with 3 1:1 interviews. the first was for fit, second with a case example, and last with VP that allowed me to direct the conversation more than the rest.

Interview Question – Nothing unexpected or too difficult.   Answer Question


2 people found this helpful

No Offer

Neutral Experience

Average Interview

Analyst Interview

Analyst

I applied through college or university and the process took 4 months - interviewed at PriceSpective.

Interview Details – The interview was an extremely long and disappointing process. They had delayed the interview for one month after I was informed about the opportunity to interview. I had the interview on campus with the vice president of the company. It was a typical behavioral/ case study first round interview. The interview lasted 45 minutes. I was informed that I had second round interviews, but after 2 months of waiting, they contacted me and informed me that the position was no longer available.

Interview Question – Case study: What recommendation would you provide an insurance company regarding the coverage of a new drug?   Answer Question


No Offer

Negative Experience

Very Difficult Interview

Analyst Interview

Analyst
Blue Bell, PA

I applied through college or university and the process took 3 weeks - interviewed at PriceSpective in October 2011.

Interview Details – Frustrating. Pricespective certainly is one of the fastest growing bio consulting firms, but some of the directors and senior consultants are incompetent. I first had a 60 minute 1:1 fit and case interview with a VP. He was very nice and I had a very good perception of the company. I was invited to the second round and it was 2 1:1 60 minute fit and case interview. This is the problem. The senior consultant who gave me the case was very unorganized and he even gave me the wrong numbers. While I was doing case A, he gave me figures from case B. The whole interview was just ruined by this one senior consultant. Then I had a second case interview with the director. She was really sarcastic.

Interview Question – How would you price this drug?   Answer Question


We want your feedback – Is this interview information helpful to you?  Yes | No

Accepted Offer

Positive Experience

Difficult Interview

Analyst Interview

Analyst
Blue Bell, PA

The process took 1+ week - interviewed at PriceSpective in September 2009.

Interview Details – 1st round 1:1 with HR to go over resume
2nd round 1:1 with director level or above to see if they want to bring you in
3rd round 4 1:1 interviews lasting approximately 30 minutes and a 30 minute case presentation to the group that dealt with value strategy

Interview Question – Given certain information, you have to figure out if buying a drug portfolio is a good investment.   Answer Question


2 people found this helpful

No Offer

Negative Experience

Average Interview

Analyst Interview

Analyst
London, England (UK)

I applied online - interviewed at PriceSpective in October 2013.

Interview Details – 1. Phone interview with HR-general questions on yourself and why you chose the company

2. Face to face interview with senior consultant/director (competency based questions + questions derived from your resume) + 1 case study.

3. Face to face interview with VP/Associate Director (competency based questions) + 1 case study.

4. Case study presentation-given in advance (one week in advance) for you to prep and questions about it after.

#1 happened 2 weeks after the online application was made. #2-#4 all happened on the same day as the company did not have time to schedule it all on different days.

Interview Question – Case Question 1: Market sizing, pricing of a drug. This is the question: A large pharma company is expecting EMA approval for a therapy that treats lower respiratory infections i.e. Drug Y (which is an antibiotic). In about six months the division will receive EMA approval to launch drug. Despite this apparent good news from the EMA, the EU division is concerned about the market potential for drug Y and it’s ability to reach key prescribers in the therapeutic category.

You have been asked to help them determine the commercial value of this product and the likelihood of use, and determining whether they should:

Launch alone
Co-market with a partner (Joint venture)
Sell or license the drug

The concerns over market potential centre on whether the drug can gain adequate competitive advantage in a market segment having a dominant, patent-protected competitor and low cost generic antibiotics. Additionally, a higher technology antibiotic, which appears to offer therapeutic advantages was recently introduced by a competitor.

Case Question 2: Putting a drug into a market, IP issues and should they proceed or not.

Case Question 2 was more difficult than case question 1.
  View Answer


Accepted Offer

Positive Experience

Very Difficult Interview

Analyst Interview

Analyst
London, England (UK)

I applied through an employee referral and the process took 2 weeks - interviewed at PriceSpective in September 2011.

Interview Details – Pretty difficult interviews. Case interviews were long and required good knowledge about biopharmaceuticals industry. Be persistent if you want to get in. PriceSpective hires rarely and is pretty competitive from what I understand. I would recommend you network your way into the firm (in my experience, the employees were pretty receptive to my networking). Makes sure you practice your cases and/or know a good deal about the industry (medical/pharmacy benefits, Medicare, net pricing, basic knowledge about popular disease areas, and even some strategy or game theory thinking is helpful).

Interview Question – Suppose you are in the therapeutic space X (information on space given in handout), with one competing IV agent on medical benefit and one injectible product on the pharmacy benefit, how would you advise entering the market? Why? How would you contract with hospitals, physicians, and/or commercial payers? How would you inform your contracting decisions to prevent losing net value? Bonus: how does Medicare Best Price factor into this decision?   Answer Question


No Offer

Positive Experience

Average Interview

Analyst Interview

Analyst

I applied through college or university and interviewed at PriceSpective.

Interview Details – The interview process was straight-forward and the interviewer was easy to talk to. He asked me a few questions about my interest in the position and then dove right into the case. The case was not hard if you prepared for it properly, which you can do by familiarizing yourself with their approach. The math involved was very basic. I haven't actually heard back yet.

Interview Question – Case question on drug pricing process.   Answer Question


No Offer

Neutral Experience

Average Interview

Analyst Interview

Analyst

The process took 2 weeks - interviewed at PriceSpective in March 2011.

Interview Details – Final interview on site was three hours with three different cases. People were very friendly there. Cases are very industry specific, they will provide you with material to study that will help you with the cases however.

Interview Question – Determine optimal price of drug about to launch.   Answer Question

Interviews for Top Jobs at PriceSpective

Worked for PriceSpective? Contribute to the Community!

The difficulty rating is the average interview difficulty rating across all interview candidates.

The interview experience is the percentage of all interview candidates that said their interview experience was positive, neutral, or negative.

Your response will be removed from the review – this cannot be undone.