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Drug development and research in New Zealand: policies affecting the industry

✍ Scribed by Michelle Marie Lockhart; Zaheer-Ud-Din Babar; Sanjay Garg

Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
141 KB
Volume
73
Category
Article
ISSN
0272-4391

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## Abstract We introduce a computational model of the evolution of a value‐maximizing research‐based pharmaceutical firm and parameterize it using estimates of R&D costs, profit distributions, and candidate attrition rates. We use the model to estimate how the probability of surviving and covering