1.

Record Nr.

UNINA9910631082503321

Autore

Canci Jung Kyu

Titolo

Quantitative Models in Life Science Business : From Value Creation to Business Processes / / edited by Jung Kyu Canci, Philipp Mekler, Gang Mu

Pubbl/distr/stampa

2022

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2023

ISBN

3-031-11814-6

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (IX, 127 p. 25 illus., 13 illus. in color.)

Collana

SpringerBriefs in Economics, , 2191-5512

Classificazione

BUS000000BUS069000BUS069030MED000000MED072000SCI010000

Disciplina

338.4761

Soggetti

Medical economics

Pharmaceutical chemistry

Technological innovations

Medicine - Research

Biology - Research

Biotechnology

Econometrics

Health Economics

Pharmaceutics

Economics of Innovation

Biomedical Research

Quantitative Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Part I. Value Creation and Managing Intellectual Property in the Life Science Industry -- Chapter 1. Value Creation, Valuation and Business Models in the Pharmaceutical Sector -- Chapter 2. Alternative Licensing Strategies: A Piecewise Deterministic Differential Game -- Chapter 3. Partnership Models for R&D in the Pharmaceutical Industry -- Part II. Modelling Specific Business Processes in the Life Science Industry -- Chapter 4. Pharma Tender Processes: Modelling Auction Outcomes -- Chapter 5. Multi-Echelon Inventory Optimization Using Deep



Reinforcement Learning -- Part III. Specialized Quantitative Tools in the Life Science Industry -- Chapter 6. Stochastic Differential Equations in Healthcare -- Chapter 7. Point Processes with Mixed Doubly Stochastic Poisson and Self-Exciting Flavors: An Excursion Into DALY Computations.

Sommario/riassunto

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. .