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Merck would be responsible for
1) the approval of Davanrik
2) the manufacture of Danavrik
3) marketing of Danavrik
Merck would pay LAB for
1) initial fee
2) royalty on all sales
3) make additional pymts as Danavrik completed each stage of approval process (3 Phases)
approval process should take 7 years
patent will cover 17 years (7 of approval process nad 10 yr period of exclusivity beginning in yr 7)
All Cash flows are expressed as after tax present values discounted to time zero, including capital expenditures
At any point "failure," investment decision is to stop funding
Assuming Standard deviation of 0...
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Common topics in this essay:
- Homer's Approval on Odysseus' Revenge
- APPRAISAL AND APPROVAL
- Capital Markets and the Investment Banking Process
- Decision Making Process: Improving Our Ability to Make Decisions
- Does Body Art Lacks Employer Approval in the Workforce
- FDA and Merck
- Merck & Co.
- Merck & Company: Evaluating a drug licensing opportunity
- Merck&Company: Evaluating a Drug Licensing Opportunity
- should the fda pay or merck
- Seeking Self-Approval
- Pschic Approval
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