A Financial Model to Assist New Therapeutics Development Decision Making

Biotech is an industry that is heavily reliant on the risky Research and Development process. While the biotech projects are most often valued with Discounted Cash Flow (DCF) methods, the risk and the phased development process of the biotech industry make it an ideal process to be valued by a real...

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Bibliographic Details
Main Author: Wang, Cong
Other Authors: Pindyck, Robert S.
Format: Thesis
Published: Massachusetts Institute of Technology 2022
Online Access:https://hdl.handle.net/1721.1/146682