Clinical Trial Data Valuation
Clinical trials generate data that has an uncertain value. A trial may or may not be successful, and it may generate revenues that are uncertain.
YDC can be leveraged to develop a valuation model for clinical trials. Each input variable in the model will have a Lower Bound, Upper Bound, and Most Likely value specified. We then run Monte Carlo simulations and produced output variables. The Expected Value of Clinical Trial – Mean value is then placed on the data balance sheet.