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Quantitative Models in Life Science Business
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This open access book explores the field of life science business from a multidisciplinary perspective. Applying statistical, mathematical, game-theoretic, and data science tools to pharmaceutical and biotechnology business endeavors, the book describes value creation, value maintenance, and value realization in the life sciences as a sequence of processes using the quantitative language of applied mathematics. Written by experts from a variety of fields, the contributions illustrate the shift from a deterministic to a stochastic view of the processes involved, offering a new perspective on life sciences economics. The book covers topics such as valuing and managing intellectual property in life science, licensing in the pharmaceutical business, outsourcing pharmaceutical R&D, and stochastic modelling of a pharmaceutical supply chain. The book will appeal to scholars of economics and the life sciences, as well as to professionals in chemical and pharmaceutical industries.
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Keywords
- Biochemical engineering
- Biotechnology
- Business Process Management
- Compulsory licensing in the life sciences
- Economic Theory & Philosophy
- Economics
- Economics, finance, business & management
- Game theory
- Health Economics
- Industrial Chemistry
- Industrial chemistry & manufacturing technologies
- Life science economics
- Medical equipment & techniques
- Medical research
- medicine
- Medicine: General Issues
- Outsourcing of pharmaceutical R&D
- Pharmaceutical supply chain
- Pharmaceutical technology
- Pharmacoeconomics
- Stochastic Modelling
- Stochastic valuation of life science patents
- Technology, engineering, agriculture
Links
DOI: 10.1007/978-3-031-11814-2Editions