How does one analyze profitability accurately in a diversified, R&D-intensive biotech company? And what does one need it for?

These were the main questions answered by Joachim Esser, Head of Global Business Controlling & Commercial Excellence at QIAGEN, in last week’s lecture of our bachelor course in cost accounting. Our guest did a phenomenal job of explaining the importance of key concepts of profitability analysis that our students have been learning throughout the semester. And by visualizing the profitability analysis process at QIAGEN and linking it to QIAGEN’s underlying markets, business areas, and products, their practical application became clear.

Thank you very much for visiting us again, Joachim, and for introducing our students to this important topic and to QIAGEN. We look forward to your next visit to Münster!