How company should think about worth of pursuing studies

Assignment Help Microeconomics
Reference no: EM131524466

Question: A start-up venture owns the rights to new technology for a coated stent. The company is about to begin animal trials that could lead to FDA approval of the use of the stent in humans. The company could conduct those trials in two different ways (for coronary applications and for neurological applications) at some individual cost over just coronary applications. That would allow the company the option, later in the FDA process, to split the technology and go forward with two separate stents, to proceed with either of the two separate stents, or to proceed with a stent that could be used in both applications (and thus a lower likelihood of approval). If the option were taken later to split into two separate stents, each stent would have independent paths to approval. Structure how the company should think about the worth of pursuing the early studies for both applications.

Reference no: EM131524466

Questions Cloud

Onboarding phase of a third-party relationship : What security issues must be identified and addressed during the onboarding phase of a third-party relationship?
Current or target place of employment : Create a 2- to the 3 page outline of a proposed security policy for your current or target place of employment.
Prevent risk and control residual risk : Analyze a well-designed risk management plan to determine how it can prevent risk and control residual risk.
Usefulness of office suites : Assume that you did not have access to Microsoft Office or other compatible application suites.
How company should think about worth of pursuing studies : A start-up venture owns the rights to new technology for a coated stent. The company is about to begin animal trials that could lead to FDA approval.
Provide a summary on the information : Provide a summary on the information that you found about yourself. Are there things you found that surprised you?
Explain what is meant by the term risk premium : Why is it important for decision makers to consider their attitudes toward risk?
What are the client needs or services : What are the client needs or services that are addressed by this department?
Recursive calls eventually stop : Using the scenario from Part I of this discussion, explain one (1) way in which you ensure that the recursive calls eventually stop. Justify your answer.

Reviews

Write a Review

 

Microeconomics Questions & Answers

  What is its corresponding marginal cost curve

TC=0.2Q^2-5Q+30(Q^2 means Q square) a) What is its corresponding marginal cost curve b) If the firm faces a price of $6 per unit, what quantity should it sell c) What profit does the firm make at this price d) Should the firm shut down

  A monopolists demand curve is p 400 - 2 q his marginal

a monopolists demand curve is p 400 - 2 q. his marginal costs are represented by mcm acm 40. solve for the

  Identify most sold bread type

Part 1. Identify most sold bread type

  How economic theory and concept utilized to maximize quality

Course outcome(s) practiced and assessed in this Assignment: GB540-5: Assess how economic theory and concepts are utilized to maximize the quality of economic decision-making.

  What is the elasticity of demand

Katherine advertises to sell cookies for $4 a dozen. She sells 50 dozen, and decides that she can charge more. She raises the price to $6 a dozen and sells 40 dozen. What is the elasticity of demand?

  What is the economic meaning of money?

What is the economic meaning of money? What are its functions?

  Natural monopoly owns all the natural resources

If there is a natural monopoly one firm owns all the natural resources in the production of a good, such as owning the diamond mines needed to produce diamonds.

  Illustrate the impact on the market for brazilian real

Illustrate the impact on the market for Brazilian real of the changes in relative inflation rates - what is the net result on Brazil's inflation relative to U.S. inflation?

  How much does aggregate expenditure increase

Normal 0 false false false EN-US X-NONE X-NONE If income increases by $10,..

  How do the views of protectionists and free traders differ

The BIG Idea How do the views of protectionists and free traders differ?

  Find a market price for hydrogen gas and normalize energy

Find a market price for hydrogen gas and normalize the energy content compared to the current local price of gasoline. Using octane as an approximation for gasoline energy content, compare the cost per kilojoule of energy of hydrogen to gasoline.

  What is the difference between a price ceiling and a price

what is the difference between a price ceiling and a price floor? if a price ceiling is set below the market

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