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Valuing the product development cycle in agricultural biotechnology—what's in a name?

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Would a standard nomenclature for describing the steps in the agricultural biotechnology product development cycle enable better valuation of agbiotech products and the companies that develop them?

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Figure 1: A comparison of the main activities and timelines associated with product development in biotechnology.

Bob Crimi

Figure 3

Bob Crimi

Figure 4: Binomial decision tree model for a hypothetical agbiotech product using the 'go' decision probabilities outlined in Table 3.
Figure 2

Bob Crimi

References

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Acknowledgements

The author would like to thank Mike Lassner, Jack Kiser, Ravi Ramadhar, Scott Deeter, Tom Chromartie and Scott Thenell for their helpful comments on drafts of this article.

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  1. David McElroy: The views expressed here are those of the author and not the author's current employer.

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  1. Verdia Inc., 200 Penobscot Drive, Redwood City, 94063, California, USA

    David McElroy

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McElroy, D. Valuing the product development cycle in agricultural biotechnology—what's in a name?. Nat Biotechnol 22, 817–822 (2004). https://doi.org/10.1038/nbt0704-817

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