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Simulating Market E...
Simulating Market Entry Rewards for Antibiotics Development
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- Okhravi, Christopher (author)
- Uppsala universitet,Institutionen för informatik och media
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- Callegari, Simone (author)
- Uppsala universitet,Institutionen för informatik och media
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- McKeever, Steve, 1969- (author)
- Uppsala universitet,Informationssystem
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- Kronlid, Carl (author)
- Uppsala universitet,Industriell teknik
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- Baraldi, Enrico, 1970- (author)
- Uppsala universitet,Industriell teknik
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- Lindahl, Olof, 1982- (author)
- Uppsala universitet,Företagsekonomiska institutionen
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- Ciabuschi, Francesco, 1973- (author)
- Uppsala universitet,Företagsekonomiska institutionen
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(creator_code:org_t)
- 2021-01-01
- 2018
- English.
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In: Journal of Law, Medicine & Ethics. - : SAGE PUBLICATIONS INC. - 1073-1105 .- 1748-720X. ; 46, s. 32-42
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Subject headings
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- 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 large pharmaceutical organizations' financial thresholds. We show that improving revenues may be more efficient than reducing costs, and thus confirm that this pull-based policy intervention effectively stimulates antibiotics R&D.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Publication and Content Type
- ref (subject category)
- art (subject category)
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- By the author/editor
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Okhravi, Christo ...
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Callegari, Simon ...
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McKeever, Steve, ...
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Kronlid, Carl
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Baraldi, Enrico, ...
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Lindahl, Olof, 1 ...
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show more...
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Ciabuschi, Franc ...
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- About the subject
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- SOCIAL SCIENCES
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SOCIAL SCIENCES
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and Economics and Bu ...
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and Business Adminis ...
- Articles in the publication
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Journal of Law, ...
- By the university
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Uppsala University