As an MSBTM student, you'll have to complete an internship in the summer between your first and second years to gain first-hand, real-world experience. Students may conduct internships in many different organizations, including government agencies, international community development organizations, think tanks, consulting firms, and non-profit organizations.
You'll benefit from this internship in several ways:
The following is just a sample of how some of our MSBTM students have made the most of the internship opportunity:
Kunal Kishore Dhawan
"I interned with PricewaterhouseCoopers, Zurich, Switzerland in their Pharmaceuticals and Life Science Advisory’s Strategy and Operations division, this past summer. My major projects included the development of an emerging markets’ strategy for a renowned pharmaceutical company, market research for a large European diagnostics company and writing a whitepaper on the current state and future of the Swiss healthcare system. Apart from getting a chance to experience hands-on management consulting, I also got an opportunity to explore the beauty of Switzerland, Germany and Austria!"
"I worked in the Global Strategic Marketing (GSM) group at MedImmune- the biologics arm of AstraZeneca. I was given the responsibility to lead a cross-functional effort to recommend strategies and risks of an in-licensing opportunity of an early stage technology. While working on portfolio analytics such as asset modeling, revenue forecasting and sensitivity analysis with early-stage pipeline assets, I was also actively involved with launch activities of a late-stage asset in established markets. On another project, that involved building an ROI model for their portfolio assets, I successfully leveraged my interactions across the organization to identify the inefficiencies in the processes behind the critical decision-making process of investments across pipeline assets/indications."
"I interned at Cardinal Health, the Fortune #18 company, as a Strategy Intern for their Specialty Pharmaceutical Division. The project that I worked on involved leveraging other Cardinal Health business units and divisions in order to provide Oncology customers a holistic product offering. I was also in charge of educating the Sales Force of our current products and services and creating a list of potential customers to target in order to increase growth, marketing penetration, and revenue."
"I interned at The Medicines Company, a mid-size global pharmaceutical company that provides medical solutions to improve health outcomes for patients in acute and intensive care hospitals worldwide. My projects during the internship include developing a strategic plan to assist with the launch of new antibiotic, end to end marketing operations for the successful launch of a drug, in addition to project management for a philanthropy project. My experience here was very rewarding and gave me insights on late-stage clinical drug development and their commercialization."
"I worked in product management for Cellumen, Inc. in Pittsburgh where I was responsible for leading the commercial development aspects of their CellCiphr early safety assessment products and services portfolio. I was in charge of developing new product and marketing plans, creating value propositions and use models, and supported the pre- and post-customer management process."
"I interned with the Pittsburgh Life Sciences Greenhouse working with local startups to develop business strategy, file regulatory approval and raise funding. Some of the projects I was tasked with include writing a business plan to achieve strategic partnership for a dermatology company as well as a virology company, creating a pitch for potential investors, and working with a regulatory attorney to draft a 510(k) label."
"This summer I was an Associate at the Pittsburgh Life Sciences Greenhouse. I primarily worked with the company Vibrance developing a regulatory strategy for their product. I also worked on market research for the space and looked into some of the intellectual property for their formulation. Additionally, I worked with other companies doing market research, clinical trial design, investment memorandum and investor presentations."
"This summer I worked with Flexicath, a medical device start-up company that developed a novel midline catheter. I researched and analyzed the market and opportunity for the product entering the vascular access market this September. Additionally, I developed a strategic sales database to track sales leads from the national infection control and infusion specialist conferences, and worked with a team to develop an investor presentation to raise a series B round for $1.5M."