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Author: | Charalambous, C. Gittins, J. |
Title: | Factors influencing the profitability of pharmaceutical research |
Journal: | R & D Management
2008 : MAR, VOL. 38:2, p. 221-230 |
Index terms: | pharmaceutical industry R&D research financial performance profitability |
Language: | eng |
Abstract: | The output from a pharmaceutical research project depends on the characteristics of the stochastic process generating the stream of candidate drugs (here as: c-drugs), and on the extent to which the c-drugs resemble each other chemically. This paper examines the impact of these factors on profitability, and on the policy followed for selecting c-drugs. |
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