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“ Valuation Issues in a  Changing Environment” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object]
Transaction Multiples All SIC Codes – Private Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Transaction Multiples All SIC Codes – Public Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Transaction Multiples Life Science – Private Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Transaction Multiples Medical Devices – Private Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Leverage Multiples ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuation Methodologies Life Science Companies ,[object Object],[object Object],[object Object],[object Object]
Life Science Company   Rate of Return Based on Stage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Rate of Return Based on AICPA  Practice Aid for Pharmaceutical Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The AICPA Practice Aid – “Valuation of Privately Held Equity Securities Issued as Compensation”
Current Method ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Option Pricing Method ,[object Object],[object Object],[object Object],[object Object]
“ PWERM  ” ,[object Object],[object Object],[object Object],[object Object]
Back Solve Method ,[object Object],[object Object],[object Object]
Other Valuation Considerations for Life Science Companies ,[object Object],[object Object],[object Object]
Qualitative Considerations   for Pharmaceutical Companies ,[object Object],[object Object],[object Object]
Qualitative Considerations   for Medical Device Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Regulatory Issues in the Life Science Sector:  Anti-Kick Statutes & The Stark Law ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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