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Acknowledgements
E.R.B.'s research was supported in part by a National Institutes of Health (NIH) grant NIANIH/R01AG043560 to the National Bureau of Economic Research (NBER). Views expressed in this article are those of the authors, and are not necessarily those of the NIH or the NBER.
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P.H.C is an employee and shareholder of Bristol-Myers Squibb. M.T. is President of Co-Bio Consulting L.L.C., which provides management consulting services to biomedical firms.
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Data sources and categorization for biopharmaceutical company IPOs: 2010–2014 (PDF 377 kb)
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Investment model (PDF 531 kb)
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Discussion of factors that potentially underpin the paradoxical findings (PDF 220 kb)
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Carter, P., Berndt, E., DiMasi, J. et al. Investigating investment in biopharmaceutical R&D. Nat Rev Drug Discov 15, 673–674 (2016). https://doi.org/10.1038/nrd.2016.104
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DOI: https://doi.org/10.1038/nrd.2016.104
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