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Pharmaceuticals and Biotechnology Mock Interview

Question 4 of 29 for our Pharmaceuticals and Biotechnology Mock Interview

Pharmaceuticals and Biotechnology was updated by on November 10th, 2019. Learn more here.

Question 4 of 29

What industry related changes do you foresee in the next 12 months?

"I read on your website that Company ABC is expected to see a 43% increase in the sales of product ABC. This fact piqued my interest as I have seen reports that forecast a strong increase in the use of product ABC for alternative medical therapies. There are continual changes in this industry, but I see this particular one being very significant in the upcoming months."

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How to Answer: What industry related changes do you foresee in the next 12 months?

Advice and answer examples written specifically for a Pharmaceuticals and Biotechnology job interview.

  • 4. What industry related changes do you foresee in the next 12 months?

      How to Answer

      Assure the interviewer that you have a keen and honest interest in this industry by discussing the growth and change that you foresee in this next year. If the organization itself has any upcoming news or changes, be sure to mention these as well.

      1st Answer Example

      "I read on your website that Company ABC is expected to see a 43% increase in the sales of product ABC. This fact piqued my interest as I have seen reports that forecast a strong increase in the use of product ABC for alternative medical therapies. There are continual changes in this industry, but I see this particular one being very significant in the upcoming months."

      2nd Answer Example

      "I was recently reading an article by Q1 Productions that addressed this exact topic. They mentioned in the article that 2018 is going to be a great year for the pharma industry due to the economic upturn. The thought is that this will increase stock prices; thus, allowing pharma companies to grow their offerings, expand operations, and further their research and reach. It's an exciting thought!"

      Anonymous Interview Answers with Professional Feedback

      Anonymous Answer

      "Medicare sets the standard for what private insurance is going to pay for, and I foresee many changes we will have to navigate through before this year is over. It will be important to remain adaptable and continue to meet the needs of our customers and their patients."

      Rachelle's Feedback

      Try digging in a bit deeper into the changes, and the impact of these changes. This is a good start!

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