When

Friday, November 20, 2020 from 10:00 AM to 6:00 PM EST
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Where

This is an online event. 
 

 
 

Contact

Jennifer Montenaro 
CFA Society of Columbus 
614-678-0356 
montenaj@yahoo.com 
 

CFA Society of Columbus WSP - Build a Sum-of-the-Parts Valuation for a Biotech 

Build a Sum-of-the-Parts Valuation for a Biotech

  • Value a Pre-Revenue BiotechWant to value a clinical-stage, pre-revenue biotech? An ordinary discounted cash flow analysis won’t cut it. Instead, you need to build a long-range sum-of-the-parts valuation.

    This advanced virtual "Power Session" walks participants through the step-by-step process of valuing a biotech company

  • Taught by Experienced ProfessionalsThis is NOT an academic exercise. It is taught by a healthcare-focused investment banking professional who understands how SOTP valuation is done on the job.

What You'll Learn

  •  Market size and revenue benchmarking for a therapeutic asset in clinical development.
  •  Determine the appropriate launch curve to achieve full market penetration once a therapy is approved.
  •  Apply the appropriate “probability of success” to a clinical-stage pre-revenue biotech company.
  •  Apply key assumptions and tie together a long-range forecast of multiple products with a DCF analysis.
  •  Build-up of operating expenses including a salesforce analysis for a “go-it-alone” marketing strategy.
  • Key learning objectives include
    • Overview of a sum of the parts valuation
    • Major building blocks for a biotech SOTP
    • Model assumptions dashboard
    • Biotech company lifecycle
    • Identify peak revenue opportunity
    • Therapeutic areas overview
    • Product launch timing and uptake curve
    • Patent life and loss of exclusivity
    • Road to commercialization
    • FDA clinical trials
    • Building a commercial infrastructure
    • Completing the SOTP
    • Probability of success
    • Finalizing the valuation model
    • Valuation sensitivities