Present value of the cost of the clinical trials

Assignment Help Chemistry
Reference no: EM132439154

Problem: You are evaluating a new medical procedure that is undergoing clinical trials. Stage 1 trials were successful and the company is embarking on Stage 2 trials. Experts have told you that the probabilities of the procedure successfully passing Stage 2 and Stage 3 are 60% and 70% respectively. The costs of Stage 2 and 3 trials are $10 and $15 million dollars, respectively, and they will be incurred one and four years from now, respectively. You apply a discount rate of 12% for valuation purposes.

Required:

Question: What is the present value of the cost of the clinical trials?

Reference no: EM132439154

Questions Cloud

Differences between the legal forms of business : Identify then describe the differences between the legal forms of business. Identify and explain the two major acts passed shortly after the Great Depression.
Calculate the total 2017 tax liability for surviving spouse : Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a gross income of $49660, no salary reductions for employer provided
Compute book value per share : Phelps Labs has assets of $452,000, current liabilities of $93,000, and long-term liabilities of $137,000. There is $33,800 in preferred stock outstanding
Discuss the interrelationships for brand strategy : Discuss and explain the interrelationships between brand strategy and the communication message to the target audience.
Present value of the cost of the clinical trials : What is the present value of the cost of the clinical trials?
Identify an area of chronic illness of specific interest : Identify an area of chronic illness of specific interest to you and that is represented as a Healthy People 2020 topic (healthypeople.gov).
What price should you have valued the stock : These options have an exercise price of $7 each. At what price should you have valued the stock?
Discuss the main actors in microenvironment : Discuss the main actors in microenvironment.Also, what marketing decisions have been or could be made with that marketing research?
Estimate of the value of laurier startup fund investment : What is your estimate of the value of the Laurier Startup Fund investment at the time of the next funding round?

Reviews

Write a Review

Chemistry Questions & Answers

  Define the heat of fusion of ice

The heat of fusion of ice is 335 j/g. When 50 gram of ice at 0 degree C is added to 50 gramm of water at 25 degree C, what is the final temperature

  Compute and plot the points

Calculate and plot the points where 0.00, 5.00, 10.00, 20.00, 25.00, 30.00, 35.00, 40.00, 45.00, and 50.00 mL of 0.075M KOH has been added

  Calculate the volume of a saturated solution

The solubility in hexane of organic compound O is measured and found to be at 0.758 g/mL at 10.°C. Calculate the volume of a saturated solution of in hexane that would contain 440. mg of O at this temperature. Be sure your answer has the correct u..

  Degree of accuracy and suggest sources of error

A perfect percent yield would be 100%. Based on your results, describe your degree of accuracy and suggest sources of error.

  Consider the following equation for which keq 14e83 at

consider the following equation for which keq 1.4e83 at 25oc.2 h2g o2g h2olwhat is the value of keq for the reaction

  State the kind of intermolecular forces the solute

Problem- State the kind of intermolecular forces that would occur between the solute and solvent in olive oil (nonpolar).

  How many grams of iron are produced

If a 17.5 g sample of iron(III) oxide reacted with 5.00 L of carbon monoxide at 788 torr and 76 degrees celsius until one reactant is completely consumed, how many grams of iron are produced?

  Compute the height if the temperature difference

Suppose Joule encountered the waterfall at Niagara Falls. Calculate the height if the temperature difference between the top and bottom of the waterfall is 0.20° F.

  Calculate the partial pressure of each gas

Assuming that the total pressure of the gases is 1.52 and that their mole ratio is 94 : 4.0 : 1.5 : 0.50, calculate the partial pressure (in atmospheres) of each gas.

  What are the practical properties of acetone

what are the practical properties of acetone and detailed explanation of its properties.

  Explain the benefits of colonialism

In one paragraph explain the benefits of colonialism on the people who were colonized and women and education.

  State chemical reaction or a change is intermolecular forces

In a normal melting point, is the sample undergoing is chemical reaction or a change is intermolecular forces

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd