Guessing the Future of Drugs: A Smart Bet or a Risky Game?

The biotech and pharma world is always full of new drugs. But once a drug is out there, how do you know how much it's really worth? This is a big question for companies and investors. A new method has been created to predict future sales using past data. This can help figure out a drug's value today. This method is like a crystal ball for drug sales. It looks at how a drug has sold in the past to guess how it will sell in the future. This can help companies make smarter choices about where to invest their money. For example, Pfizer, a big player in the industry, can use this method to see which of their drugs are worth more.But is this method the best way to value drugs? It's a good start, but the drug world is always changing. New drugs come out, old ones become less popular, and people's needs change. So, while this method is helpful, it's not perfect. It's a tool, not the final answer. The drug world is always moving. New drugs come out, old ones go away, and people's needs change. So, while this method is helpful, it's not perfect. It's a tool, not the final answer. The new method is a step in the right direction. It gives companies a way to make smarter choices about where to invest their money. But it's not the only answer. Companies need to keep an eye on the ever-changing drug world and use all the tools they have to make the best choices.