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3/19/23, 4:16 PM 5219 BIOT ENT: Module 8 Quiz: Patient Access & Alliance Management: BIOT5219 38641 The Biotechnology Enterprise SEC 06 Spring 202… https://northeastern.instructure.com/courses/136056/quizzes/481153 1/4 5219 BIOT ENT: Module 8 Quiz: Patient Access & Alliance Management Due 19 Mar at 23:59 Points 50 Questions 5 Available until 29 Apr at 23:59 Time limit 10 Minutes Instructions Attempt history Attempt Time Score LATEST Attempt 1 2 minutes 50 out of 50 Correct answers are hidden. Score for this quiz: 50 out of 50 From the syllabus: Module Quizzes (5% of your grade) [up to 1 minute each week if you kept up with your learnings] are in each Module . The 5-question quiz is designed to solidify the most critical points of your learning. Questions span the entirety of the Module, including the Overview. You have 10 minutes and 1 attempt to score up to 100%. You may reference your notes for the quizzes. Quiz and Segment Test deadlines are in Canvas. I will deduct 10 points at the end of the semester for any quizzes or tests that are completed late. Important Note: as per the Integrity Policy, you are expected to take quizzes and tests on your own and by yourself, without the aid or assistance of peers. We have built within our courses controls that flag those who may be cheating. DO NOT CHEAT. You will receive an OSCCR violation if you do, which not only risks your academic standing where you may be expelled from the program, but also significantly damages your reputation. Students who cheat make it impossible for us to serve as professional references for any future employment (Northeastern, your Co-Op, or any professional position post-graduation). These consequences of cheating are far more impactful to your future than the grade of a quiz. Do the work. Do not cheat.
3/19/23, 4:16 PM 5219 BIOT ENT: Module 8 Quiz: Patient Access & Alliance Management: BIOT5219 38641 The Biotechnology Enterprise SEC 06 Spring 202… https://northeastern.instructure.com/courses/136056/quizzes/481153 2/4 Submitted 19 Mar at 16:14 This attempt took 2 minutes. 10 / 10 pts Question 1 1. Patient Access isn’t just about the commercial market—it includes patient access during clinical trials too. True False Yes, this is true! Access can’t just be considered during or after product commercialization. It’s vitally important for us to keep Patient Access in mind from the start of our discovery. If you have found a way to meet and unmet need with a novel product or a product that is superior to existing products, your ultimate goal is assuring the patients who need your product can in fact benefit from receiving your product. This includes enabling the appropriate patients to participate in clinical trials, as the trials are the regulatory pathway to the patient. 10 / 10 pts Question 2 2. Alliance can and should increase innovation and organizational __________ while de-risking both (or more) organizations. They can also reduce market share for a ______________. value, competitor aptitude, hospital
3/19/23, 4:16 PM 5219 BIOT ENT: Module 8 Quiz: Patient Access & Alliance Management: BIOT5219 38641 The Biotechnology Enterprise SEC 06 Spring 202… https://northeastern.instructure.com/courses/136056/quizzes/481153 3/4 brand, competitor value, provider Correct! An alliance can and should increase innovation and company value while de-risking both businesses. They can also reduce market share for a competitor. 10 / 10 pts Question 3 3. Alliances can be applied during different times of maturity, such as: co- development, co-marketing, joint sell-manufacture. True False Yes, this is true, and in fact many alliances between early-stage biotech discovery and development companies lead to a future merger/acquisition situation. Even Celgene, the great example of strategic alliance value and acquisitions, is finally involved in its own acquisition prospects! 10 / 10 pts Question 4 4. Market Access is not just about pricing. True
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3/19/23, 4:16 PM 5219 BIOT ENT: Module 8 Quiz: Patient Access & Alliance Management: BIOT5219 38641 The Biotechnology Enterprise SEC 06 Spring 202… https://northeastern.instructure.com/courses/136056/quizzes/481153 4/4 False Yes, this is true. Market Access is focused on the market (who’s my market, how can I get into my market, how can I keep my competitors out of my market), and is a required part of analysis prior to bringing any product or service to the market. It also tells you if your product will be paid for and reimbursed and how. You need to know and understand your customers, market needs, obstacles, challenges and various competitive points in order to be successful. 10 / 10 pts Question 5 5. An alliance is formed when the combined core _________ of one or more organizations create a more competent organization overall. competencies beliefs strength values Yes!! An alliance is formed when the core competencies of one organization nicely complement the core competencies of another organization. The alliance means the two together are much stronger than the two apart. Quiz score: 50 out of 50