Physics

Physics, 22.07.2019 22:10, ineedhelpasap12

The maximum patent life for a new drug is 17 years. subtracting the length of time required by the fda for testing and approval of the drug provides the actual patent life of the drug—that is

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Business, 09.07.2019 21:00, jpaintballer1

You work for a pharmaceutical company that has developed a new drug. the patent on the drug will last 1717 years. you expect that the drug's profits will be $ 2$2 million in its first year and that this amount will grow at a rate of 2 %2% per year for the next 1717 years. once the patent expires, other pharmaceutical companies will be able to produce the same drug and competition will likely drive profits to zero. what is the present value of the new drug if the interest rate is nbsp 9 % 9% per year?

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Business, 28.07.2019 13:40, loganharper992

Patents are granted for 20 years, but pharmaceutical companies can't use their patent-guaranteed monopoly powers for anywhere near this long because it takes several years to acquire fda approval of drugs. suppose it is proposed that the life of drug patents be extended to 20 years after fda approval. what would be the costs and benefits of this extension?

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Business, 24.09.2019 00:30, biancatay

You work for a pharmaceutical company that has developed a new drug. the patent on the drug will last 17 years. you expect that the drug's profits will be $ 1 million in its first year and that this amount will grow at a rate of 4 % per year for the next 17 years. once the patent expires, other pharmaceutical companies will be able to produce the same drug and competition will likely drive profits to zero. what is the present value of the new drug if the interest rate is 10 % per year?

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Mathematics, 18.10.2019 23:30, Abrahamolve

The maximum patent life for a new drug is 17 years. subtracting the length of time required by the fda for testing and approval of the drug provides the actual patent life of the drug - that is, the length of time that a company has to recover research and development costs and make a profit. suppose the distribution of the lengths of patent life for new drugs is as shown here: years, x: 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 p(x): .03, .05, .07, .10, .14, .20, .18, .12, .07, .03, .01 (a) find the expected number of years of patent life for a new drug. (b) find the standard deviation of x. (c) find the probability that x falls into the intervalµ ± 2σ ?

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