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| Topic: |
Business
|
| Number of pages / Number of words: |
7 / 1802 |
Essay's paper body
the computer draws one outcome
4. repeating the procedure
5. Calculation of NPV
Case Background
Case talks about the Pharma Company Merck & Company and a small pharma concern LAB
Pharmaceuticals. LAB has made a new compound Davanrik, a drug to treat both obesity and
depression. However LAB does not have the resources to complete the lengthy approval
process, manufacture the compound and market the drug...
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However LAB does not have the resources to complete the lengthy approval
process, manufacture the compound and market the drug. LAB has approached merck with an
offer to license the compound. In this contract Merck will pay the initial fee, a royalty on all
sales snd make additional payments as Davanrik completed each stage of the approval
process...
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