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.
This book is open access, which means that you have free and unlimited access Provides an overview of valuing and managing intellectual property in life science Models the effects of compulsory licensing in the pharmaceutical business
Jung Kyu Canci
Open Access Pharmacoeconomics Life science economics Stochastic valuation of life science patents Game theory Compulsory licensing in the life sciences Outsourcing of pharmaceutical R&D Stochastic modelling Pharmaceutical supply chain Business process management