Question: Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash llows are difficult to forecast, the company has come up

Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash llows are difficult to forecast, the company has come up with the following estimates of the initial capital requirements and NPVs for the projects. Given a wide variety of staffing needs, the company has also estimated the number of research scientists required for each development project (al cost values are given in millions of dollars) a. Suppose that Orchid has a total capital budget of $60 malion. How should it priontize these projects? a. Suppose that Orchid has a total capital budget of $60 million. How should it priontize these projects? b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able to hire more in the near future. How should
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
