Healthcare Finance
eBook - PDF

Healthcare Finance

Modern Financial Analysis for Accelerating Biomedical Innovation

  1. 416 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Healthcare Finance

Modern Financial Analysis for Accelerating Biomedical Innovation

About this book

An introductory finance textbook for the healthcare industry

We are living in a golden age of biomedical innovation, yet entrepreneurs still struggle with the so-called Valley of Death when seeking funding for their biotech start-ups. In Healthcare Finance, Andrew Lo and Shomesh Chaudhuri show that there are better ways to finance breakthrough therapies, and they provide the essential financial tools and concepts for creating the next generation of healthcare technologies.

Geared for MBA and life sciences students, as well as biopharma executives and healthcare investment professionals, this textbook covers the theory and application of financial techniques such as diversification, discounted cash flow analysis, real options, Monte Carlo simulation, and securitization, all within the context of managing biomedical assets. The book demonstrates that more efficient funding structures can reduce financial risks, lower the cost of capital, and bring more lifesaving therapies to patients faster. Readers will gain the background, framework, and techniques needed to reshape the healthcare industry in positive ways. Finance doesn't have to be a zero-sum game, and Healthcare Finance proves that it is possible to do well by doing good.

  • Explores new financing methods for the biopharma industry
  • Provides accessible explanations for making good business decisions in the life sciences
  • Analyzes real-world examples, case studies, and practical applications
  • Includes access to videos of lectures and recitations, interactive figures, self-graded problem sets, and other online content

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Healthcare Finance by Andrew W. Lo,Shomesh E. Chaudhuri in PDF and/or ePUB format, as well as other popular books in Business & Financial Engineering. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. Contents
  3. Preface
  4. Dedication and Acknowledgments, Shomesh E. Chaudhuri
  5. Dedication and Acknowledgments, Andrew W. Lo
  6. 1. Why Healthcare Finance?
  7. 2. From the Laboratory to the Patient
  8. 3. Present Value Relations
  9. 4. Evaluating Business Opportunities
  10. 5. Valuing Bonds
  11. 6. Valuing Stocks
  12. 7. Portfolio Management and the Cost of Capital
  13. 8. Therapeutic Development and Clinical Trials
  14. 9. Decision Trees and Real Options
  15. 10. Monte Carlo Simulation
  16. 11. Healthcare Analytics
  17. 12. Biotech Venture Capital
  18. 13. Securitizing Biomedical Assets
  19. 14. Pricing, Value, and Ethics
  20. 15. Epilogue: A Case Study of Royalty Pharma
  21. Glossary
  22. Index