Trainee In Life Science Management
This postgraduate training provided comprehensive insights into the health sector. I developed expertise in the institutional & regulatory frameworks of health systems, including insurers, regulators, & health policies, while also gaining an in-depth understanding of the key processes involved in bringing pharmaceuticals, advanced therapies, & medical devices to market. This equipped me to manage projects & drive product development in this sector.โญ๏ธ Graduated top of class (98%)โญ๏ธ Elected leader of 9-member team for 3-week case study assessing market potential of a drug candidate (NOX-A12 by TME Pharma AG)๐ท ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ & ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ดโ Financial accounting (balance sheets, income statements, cash flow)โ Managerial accounting (cost accounting, forecasting)โ Capital budgeting for investment evaluationโ KPIs for performance tracking๐ท ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐โ Traditional & agile (Waterfall, Scrum, Kanban)โ Tools: MS Project, Jira, Asanaโ Managing timelines, resources, stakeholder communication๐ท ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ถ๐ป๐ดโ Developing mission, vision, & brand strategies aligned with corporate objectivesโ Devising marketing plans via the marketing management process: situation analysis, SMART goals, strategy, 4Ps, implementation, controlโ Market research using tools like PESTEL, SWOT, BCG Matrix๐ท ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ฎ๐ณ๐ณ๐ฎ๐ถ๐ฟ๐โ Clinical trials management (ICH GCP, Arzneimittelgesetz)โ Market authorization in Germany & EU (NP, CP, DCP, MRP)โ Medical device regulations (MDR, IVDR)โ Intellectual property protection (patent law, market exclusivity, orphan drug status)๐ท ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฐ๐ฐ๐ฒ๐๐โ Pricing & reimbursement mechanisms (e.g., AMNOG)โ Health Technology Assessment (HTA) & health economic evaluations (e.g., cost-effectiveness, budget impact)โ Stakeholder engagement strategies (regulators, payers, healthcare professionals)๐ท ๐ค๐๐ฎ๐น๐ถ๐๐ ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐โ GxP guidelines, ISO standards