Interview question based on skill :
Take as many assements as you can to improve your validate your skill rating
Total Questions: 5
1. On what will the financial terms of the deal be based?
Correct Answer is : It will be based on the value assigned to the asset and decisions about how that value is to be shared.
2. What type of product has high risk and low value in a deal?
Correct Answer is : An early stage product
3. What is the most common way BD mitigates risk in deals?
Correct Answer is : Through the careful structuring of deal payments.
4. What are milestone payments?
Correct Answer is : Payments that are contingent on the achievement of certain development or commercialization goals.
5. What type of deal would require FDA/external regulatory body approval?
Correct Answer is : In cases where the contract calls for a change in manufacturing facilities.
