TY - ADVS AU - Greuel,Joachim M. TI - Portfolio planning and risk management in the pharmaceutical industry: part 1 of 2 T2 - The business & management collection, PY - 2017/// CY - London PB - Henry Stewart Talks KW - Biotechnology industries KW - Monte Carlo method KW - Pharmaceutical industry KW - Finance KW - Mathematical models KW - Research KW - Risk management KW - Portfolio management KW - Project management N1 - Animated audio-visual presentation with synchronized narration; Title from title frames; Contents: Portfolio management in pharmaceutical R&D and industry -- Best practice portfolio management in big pharma -- Evaluation of individual projects -- The five determinants of value -- Net Present Value (NPV) equation -- Financial project evaluation -- Sources of risk -- How to calculate NPVs -- Attrition rates & reasons for failure in R&D -- R&D risk management -- Commercial risks -- Sales forecast (15 trials in Monte Carlo simulation) -- Monte Carlo simulation: frequency histogram -- Added value per completed milestone -- Getting to valid assumptions and good decisions; Access restricted to subscribers UR - https://hstalks.com/bm/3471/ ER -