Simulating Market Entry Rewards for Antibiotics Development

Volume: 46, Issue: S1, Pages: 32 - 42
Published: Jan 1, 2018
Abstract
We design an agent based Monte Carlo model of antibiotics research and development (R&D) to explore the effects of the policy intervention known as Market Entry Reward (MER) on the likelihood that an antibiotic entering pre-clinical development reaches the market. By means of sensitivity analysis we explore the interaction between the MER and four key parameters: projected net revenues, R&D costs, venture capitalists discount rates, and...
Paper Details
Title
Simulating Market Entry Rewards for Antibiotics Development
Published Date
Jan 1, 2018
Journal
Volume
46
Issue
S1
Pages
32 - 42
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