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Understanding Intrinsic and Market Value of a Biotech Business
This chapter delves into the significance of having a clear perspective on a company's intrinsic value, especially for smaller biotech or emerging bio pharma companies. It discusses common errors in evaluating market potential, time to market, investment, risk, and market access, and underscores the role of intrinsic value, market value, equity research analysts, and investors in appraising a business.