Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Determine the risk-adjusted present value of a biotechnology company after considering the risk factors below. (2 marks ) The biotechnology company has developed a new

  1. Determine the risk-adjusted present value of a biotechnology company after considering the risk factors below. (2 marks)

The biotechnology company has developed a new anti-cancer drug for Cancer X.

Risk Factor

Probabilty

Present Value

Company achieving strong patent protection for the new drug in desired jurisdictions around the world.

90%

$25,000,000

Company has a more effective drug treatment than a competitor that is also developing a drug for the same Cancer X.

85%

Company achieves licensing deal with a pharmaceutical company in the first 12 months of devlopment of this potential new drug for Cancer X.

5%

FDA in the United States grants final approval for use of this drug in Cancer X patients.

10%

Phase II trials show effective treatment of the disease after use of this new drug.

70%

Marketing shows public support and acceptance of this new drug.

100%

SECTION 3:

THE QUESTIONS BELOW RELATE TO ANTISENSE THERAPEUTICS LIMITED, AN AUSTRALIAN BASED BIOTECHNOLOGY COMPANY:

  1. What does the company Antisense Therapeutics do? (3 marks)
  2. What is the current market capitalisation of Antisense Therapeutics? (1 mark)
  3. Who is the CEO of the company? (1 mark)
  4. What is the current share price of Antisense Therapeutics? (1 mark)
  5. What was the share price of the Company at 30 June 2015? (1 mark)
  6. Does the Company hold intellectual property rights? If so, how many (registered or in the process of being registered)? (2 marks)
  7. Is the company also licensing intellectual property from another company? If so, name the company. (2 marks)
  8. What is the total equity in the company for the year ended 30 June 2019? (1 mark)
  9. What amount of cash was received from Government grants for the year ended 30 June 2019? (1 mark).
  10. The Company has highlighted the importance of the compound ATL1102. What is ATL1102 and what disease is it being used to treat? Does the company own the IP rights to this compound? (2 marks)
  11. What is the Companys plan to move forward with the testing of this drug? (5 marks)
  12. Did the Companys make a net financial profit or loss for the year ending 30 June 2019? What was the figure? (2 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Loose Leaf For Financial Accounting Fundamentals

Authors: John Wild, Ken Shaw, Barbara Chiappetta

6th Edition

1260151980, 978-1260151985

More Books

Students also viewed these Accounting questions