IDEAS home Printed from https://ideas.repec.org/h/spr/spbchp/978-3-031-11814-2_1.html
   My bibliography  Save this book chapter

Value Creation, Valuation and Business Models in the Pharmaceutical Sector

In: Quantitative Models in Life Science Business

Author

Listed:
  • Michael Blankenagel

    (Lucerne University of Applied Sciences and Arts)

  • Jung Kyu Canci

    (Lucerne University of Applied Sciences and Arts)

  • Philipp Mekler

    (University of Basel)

Abstract

The chapter describes value creation and valuation under structural uncertainty in the healthcare and pharma industries. These risks and uncertainties can significantly influence organizational performance, value creation and long-term sustainability. The discussion continues by comparing traditional valuation concepts used in finance with the requirements posed by the current situation of healthcare business. In particular, patent valuation is a critical business issue, and the value of pharma patents and licensing deals has risen markedly in recent years. Existing evaluation approaches do not consider a patent’s life cycle, an important and unique characteristic of pharma and biotech patents. For this reason, the inherent uncertainty in a patent’s value is modelled as a stochastic process.

Suggested Citation

  • Michael Blankenagel & Jung Kyu Canci & Philipp Mekler, 2023. "Value Creation, Valuation and Business Models in the Pharmaceutical Sector," SpringerBriefs in Economics, in: Jung Kyu Canci & Philipp Mekler & Gang Mu (ed.), Quantitative Models in Life Science Business, pages 3-16, Springer.
    • Handle: RePEc:spr:spbchp:978-3-031-11814-2_1
    DOI: 10.1007/978-3-031-11814-2_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:spbchp:978-3-031-11814-2_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.