The Opportunity Cost of Capital

The opportunity cost of the capital invested in pharmaceutical research and development (R&D) to bring a new drug to market makes up as much as half the total cost. However, the literature on the cost of pharmaceutical R&D is mixed on how, exactly, one should calculate this "hidden"...

Πλήρης περιγραφή

Αποθηκεύτηκε σε:
Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριοι συγγραφείς: Ayman Chit PhD (Συγγραφέας), Ahmad Chit CA (Συγγραφέας), Manny Papadimitropoulos PhD (Συγγραφέας), Murray Krahn MD (Συγγραφέας), Jayson Parker PhD (Συγγραφέας), Paul Grootendorst PhD (Συγγραφέας)
Μορφή: Βιβλίο
Έκδοση: SAGE Publishing, 2015-04-01T00:00:00Z.
Θέματα:
Διαθέσιμο Online:Connect to this object online.
Ετικέτες: Προσθήκη ετικέτας
Δεν υπάρχουν, Καταχωρήστε ετικέτα πρώτοι!

MARC

LEADER 00000 am a22000003u 4500
001 doaj_07ee2024c8d2491a8fbdbed631d7ea1c
042 |a dc 
100 1 0 |a Ayman Chit PhD  |e author 
700 1 0 |a Ahmad Chit CA  |e author 
700 1 0 |a Manny Papadimitropoulos PhD  |e author 
700 1 0 |a Murray Krahn MD  |e author 
700 1 0 |a Jayson Parker PhD  |e author 
700 1 0 |a Paul Grootendorst PhD  |e author 
245 0 0 |a The Opportunity Cost of Capital 
260 |b SAGE Publishing,   |c 2015-04-01T00:00:00Z. 
500 |a 0046-9580 
500 |a 1945-7243 
500 |a 10.1177/0046958015584641 
520 |a The opportunity cost of the capital invested in pharmaceutical research and development (R&D) to bring a new drug to market makes up as much as half the total cost. However, the literature on the cost of pharmaceutical R&D is mixed on how, exactly, one should calculate this "hidden" cost. Some authors attempt to adopt models from the field of finance, whereas other prominent authors dismiss this practice as biased, arguing that it artificially inflates the R&D cost to justify higher prices for pharmaceuticals. In this article, we examine the arguments made by both sides of the debate and then explain the cost of capital concept and describe in detail how this value is calculated. Given the significant contribution of the cost of capital to the overall cost of new drug R&D, a clear understanding of the concept is critical for policy makers, investors, and those involved directly in the R&D. 
546 |a EN 
690 |a Public aspects of medicine 
690 |a RA1-1270 
655 7 |a article  |2 local 
786 0 |n Inquiry: The Journal of Health Care Organization, Provision, and Financing, Vol 52 (2015) 
787 0 |n http://inq.sagepub.com/content/52/0046958015584641.full.pdf 
787 0 |n https://doaj.org/toc/0046-9580 
787 0 |n https://doaj.org/toc/1945-7243 
856 4 1 |u https://doaj.org/article/07ee2024c8d2491a8fbdbed631d7ea1c  |z Connect to this object online.