Strategic Cost Management Economics paper
I need to write a proposal that Ancestry utilize their genetic testing database to develop in-house drug development compound for the treatment of the BRCA gene mutation. I need to determine costs including the time value of money and paying back loans as well as calculating R&D expeand treat it as a capital investment
I also need to propose how Ancestry can potentially improve ROI by proposing methods to increase sales revenue and decrease expenses. Also contrast ROI wuth residual income and economic value to snalyze pros and cons of this venture
The main focus is the R&D cost
It needs to be gour pages and four diagrams. I have done initial research and have info on Ancestry and BRCa including statistics. I dont know how to approach the financial aspects. I am proposing Ancesedo what 23andme did by creating a drug compound and striking a deal with Almirall
It MUST be written in the inverted pyramid style so that is a MAJOR requirement
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