What is the impact of Novartis transformation on biotech industry?

With the announcement of the portfolio transformation of Novartis this month, we believe this will have a positive impact on the biotech industry. The company will focus on Pharmaceuticals, Eye Care and Generics. The diversification strategy of former CEO and Chairman Daniel Vasella has been axed by the new leadership of Novartis. Key components of … Continue reading What is the impact of Novartis transformation on biotech industry?

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How do you determine the discount rate you need to calculate the current value of a company that hasn’t generated revenues yet?

The meaning of a “discount rate” is best understood by making a parallel with the interest rate you get from the bank on your savings account. While the interest rate is a % you use to calculate what 100 USD or EUR on your account will become after a number of years, the discount rate … Continue reading How do you determine the discount rate you need to calculate the current value of a company that hasn’t generated revenues yet?

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