Show Me the Money! Process Modeling in Pharma from the Investor’s Point of View

Process modeling in pharma is gradually gaining momentum in process development but budget restrictions are growing. We first examine whether and how current practices rationalize within a decision process framework with a fictitious investor facing a decision problem subject to incomplete informati...

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Veröffentlicht in:	Processes 2019-09, Vol.7 (9), p.596
Hauptverfasser:	Varsakelis, Christos, Dessoy, Sandrine, von Stosch, Moritz, Pysik, Alexander
Format:	Artikel
Sprache:	eng
Schlagworte:	Bayesian analysis Costs Decision making Diffusion Discounted cash flow Employees Innovations Investigations Modelling Pharmaceutical industry Pharmaceuticals Portfolio management Production functions R&D Random variables Research & development Simulation Statistical inference
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