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Thesis

Models and software for improving the profitability of pharmaceutical research

Abstract:

Pharmaceutical companies have to face huge risks and enormous costs of production before they can produce a drug. Efficient allocation of resources is essential to help in maximizing profits. Chen [14] and Yu and Gittins [66] describe a stochastic optimisation model (the OPRRAa model) and associated software for determining efficient allocations for a pre-clinical research project. This is the starting point for this thesis. We first look for the nature of optimal policies for the selection o...

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Role:
Supervisor
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford
Language:
English

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