Prioritizing new malaria vaccine candidates for further development

Prioritizing new malaria vaccine candidates for further development Prioritizing new malaria vaccine candidates for further development

malariavaccine.org
from malariavaccine.org More from this publisher
28.01.2015 Views

Probability of success (%) How to approach prioritization • A wide range of tools • Most efficient and effective, when done as a portfolio rather than on a project-by-project basis • Incents better resource stewardship • Allows richer strategic trade-offs analyses Probability of Success (%) vs. Cost vs. NPV Development costs (x$10M) (Bubble area is proportional to NPV) 20

Cost Low High A commercial-sector model for prioritization: Portfolio management Inputs Metrics Low High Probability of success (POS) (Bubble area is proportional to NPV) POS (risk) Costs Value Probability of technical & regulatory success (PTRS) Commercialization risk Development costs Commercialization, including cost of goods sold (COGs) Net present value (NPV) (discounted cash flow) “Strategic value” 21

Cost<br />

Low<br />

High<br />

A commercial-sector model <strong>for</strong> prioritization:<br />

Portfolio management<br />

Inputs<br />

Metrics<br />

Low<br />

High<br />

Probability of success (POS)<br />

(Bubble area is proportional to NPV)<br />

POS<br />

(risk)<br />

Costs<br />

Value<br />

Probability of technical &<br />

regulatory success<br />

(PTRS)<br />

Commercialization risk<br />

Development costs<br />

Commercialization,<br />

including cost of goods<br />

sold (COGs)<br />

Net present value (NPV)<br />

(discounted cash flow)<br />

“Strategic value”<br />

21

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