Determining the value of drug development candidates and technology platforms
Kerstin M Bode-Greuel
Joachim M Greuel
DOI:https://doi.org/10.5912/jcb113
Abstract:
This paper explains a comprehensive and systematic approach to evaluate drug development projects and technology platforms, using an augmented version of net present value (NPV). The benefits of financial models for value-driven project and portfolio management, licensing negotiations and investors' decisions are discussed.
Keywords:valuation ,drug development ,technology platforms ,real options ,en ,