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Posted

Biotechs burn cash when they go through R&D, yet R&D clearly has some economic value. Anyone have a way of estimating how R&D translates back into sales or income?

Posted

Value of R&D depends on R&D. You have to know the field. You have to know people involved. There is still no guarantee. Some R&D is worth zero, actually less than zero considering opportunity cost. I doubt anyone can give you a formula that applies to "average" biotech.

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