Quantitative Models in Life Science Business From Value Creation to Business Processes

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 r...

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Bibliographic Details
Other Authors: Canci, Jung Kyu (Editor), Mekler, Philipp (Editor), Mu, Gang (Editor)
Format: Electronic Book Chapter
Language:English
Published: Cham Springer Nature 2023
Series:SpringerBriefs in Economics
Subjects:
Online Access:DOAB: download the publication
DOAB: description of the publication
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520 |a 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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