Getein Biotech Strategic Decisions in Covid19 HBS Authors 2023
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Getein Biotech is a leading biotech startup based in India. The company offers cutting-edge solutions to address major global challenges in life sciences like antimicrobial resistance, viral infections, and drug resistance. Getein Biotech’s mission is to solve complex health problems through scientific innovation. The company has received significant funding from top global investors and is expanding rapidly. Getein Biotech has taken on several key strategic decisions in response to the COVID-19 pandemic. One of
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In response to the current COVID-19 pandemic, we have implemented a strict quarantine and social distancing program for all our team members and clients, as well as all in-person events to limit the risk of transmission. First, we decided to delay the launch of our most ambitious project, which involved developing a new drug. This is because, unlike other companies, we have been hit hard by the pandemic, and we do not have access to the funds to pursue this project at this time. Second, we reviewed our research pipeline
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Getein Biotech is a leading biotech company based in the US that specializes in developing novel vaccines for Covid19. I was hired by the company to provide strategic advice on its current portfolio of Covid19 vaccine candidates and to develop a comprehensive approach to launch and market the vaccine. I started by understanding the company’s current position. Getein Biotech has a proven track record of developing successful vaccines, including one for the flu. Its Covid19 portfolio consists
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I was the CIO for Getein Biotech Inc. (A $4B+ biotech startup company) before the COVID-19 outbreak. Here are my top strategic decisions that I took at that time: 1. Keep the Company Going: After 2 months of global pandemic lockdown, most companies have to shut down their manufacturing plants, research labs, and facilities worldwide. We kept our Getein Biotech Inc. Team, including CEO, CFO, and CTO, focused on production,
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In March 2020, the global health crisis known as Covid19 began to sweep across the globe. Governments around the world took extreme measures to contain the spread of the disease, including shutting down borders, ordering citizens to remain at home, and instituting lockdowns and other public health measures. Businesses too faced unprecedented challenges as customers and suppliers cut back on operations, lay off workers, and struggle to reopen their factories and distribution networks. For many biotech companies, such as Getein
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1. Covid-19: Getein Biotech’s financial results in 2021 Getein Biotech’s Financial Results in 2021 Getein Biotech is an early-stage life sciences company that is focused on developing and commercializing a novel pipeline of cell therapies targeting various leukemia subtypes. Its mission is to provide accessible, affordable, and effective treatment options for leukemia patients worldwide. In its 2021 financial year, Gete
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In recent times, the Covid19 pandemic has made it imperative for Getein Biotech to prioritize its strategic decision-making process. We have successfully achieved the same through a comprehensive process that encompasses both internal and external factors. The process has started from a clear vision of “Covid-19: the unprecedented global health crisis”. As per our strategic research conducted, the current pandemic is a huge challenge for everyone, including Getein Biotech. view it now Here are the steps that