Reference no: EM131209284
Scenario:
As a member of the PMO office you will see many new products claiming to enhance the company's products and portfolio. Using a series of metrics and personal intuition, it is your responsibility to act on behalf of the corporation to vet these proposals for their potential success or failure.
Below is an example of a new product development cycle for pharmaceuticals after the completion of the basic research phase. Knowing that new products are the lifeblood of a pharmaceutical corporation, consider the information below.
Your office is asked to provide initial feedback to senior management regarding the project's viability. Using the guiding questions below, develop a 2-3 page summary report. Your report should include at least 3 references and follow the APA guidlines
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Basic Research
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Preclinical Testing
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Phase 1
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Phase 2
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Phase 3
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FDA Review
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Market Entry
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Avg. Duration (yrs.)
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6
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2
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2
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2
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2
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2
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Avg. Compounds per/yr.
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10
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6
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4
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2
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2
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1
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Ag. Cost of compound in $ (Mill.)
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20
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25
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30
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60
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120
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80
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The ability of the effort to succeed
Difficulties you envision in the project and why?
The average total value of this project
Consider the average output rate out of the FDA review. If there are 200 projects in the pipeline for basic research, how does this project fare?
What kind of performance is required to warrant a financial investment?
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What is the equilibrium allocation for this economy
: Consider an economy where consumer t receives an endowment of 1 unit of the single consumption good at time t and obtains utility only from consumption at times t and t + 1. All consumers meet at time 0 to trade. What is the equilibrium? Is exigen..
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What is balance of payments
: What is balance of payments? How can one hedge from exchange rate fluctuations while exporting and importing?
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Why well developed secondary market important for operation
: How does this affect the primary market for each security? - Why are well- developed secondary markets important for the operation of an efficient financial system?
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Can money be valuable in an infinite economy
: This consumer owns one unit of money but has no endowment of the consumption good. Money has no intrinsic value.
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Difficulties you envision in the project and why
: Consider the average output rate out of the FDA review. If there are 200 projects in the pipeline for basic research, how does this project fare? What kind of performance is required to warrant a financial investment?
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Which view do you support and why
: Some economists argue that immigration will overwhelm the welfare system, others that immigration will avert a pensions crisis. Which view do you support, and why?
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Lance industries pay into the fund each period
: Lance Industries borrowed $130,000. The company plans to set up a sinking fund that will repay the loan at the end of 18 years. Assume a 6% interest rate compounded semiannually. What amount must Lance Industries pay into the fund each period?
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What are the ways derivatives can be used
: What is the difference between financial futures and financial forward markets?- What are derivative markets? What are the ways derivatives can be used?
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What is the value of annuity due
: Twice a year for 15 years, Warren Ford invested $1,700 compounded semiannually at 6% interest. What is the value of this annuity due?
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