What is the value of a deal?

Venture Valuations Dr. Aitana Peire and Dr. Patrik Frei have published an article “What is the value of a deal?” in Nature Publishing Groups’ biopharmadealmakers.nature.com. The article is available online as well as in the biopharmadealmakers supplement June 2016 edition of nature biotechnology and Nature Reviews Drug Discovery.
The pharmaceutical and biotechnology industries see over 3,000 deals signed every year, many of which involve the complex and often unfamiliar process of valuing potential products that are not yet on the market. In this feature, valuation specialists Venture Valuation explain how the value of a product is calculated and how this relates to the overall deal value.

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http://viewer.zmags.com/publication/e5b0d079#/e5b0d079/1 (page B27/B28)