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Valuation Issues in a Changing Environment

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John Glenn
John Glenn

The document summarizes key topics in life science company valuation, including trends in valuation multiples, equity valuation methods, rates of return based on development stage, and equity allocation methodologies. It also discusses regulatory issues and qualitative considerations for pharmaceutical and medical device companies.

Economy & FinanceBusiness
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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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Valuation Issues in a Changing Environment

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