Epoch 17 - R&D Budget Setting Mechanics
The Biggest P&L Expense ALWAYS Carries a Target on its Back
Hello Avatar! Welcome back for another week of biotech analysis. For this Sunday’s newsletter we aim to discuss R&D budget setting mechanics. This will not be a lesson in budget setting, but more of a strategic dialog around how R&D spend can serve as a liability and must therefore be managed with extreme caution. We conclude today’s newsletter with…
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