Essays about: "R D announcements"

Found 1 essay containing the words R D announcements.

  1. 1. Value Relevance of R&D Advances in the US Biotechnology Industry

    University essay from Göteborgs universitet/Graduate School

    Author : Gerardo Ortiz; Ida Tobiasson; [2020-07-08]
    Keywords : Biotechnology; Non-financial information; R D announcements; Stock market reactions; Value relevance;

    Abstract : We investigate the value relevance of non-financial information in the US biotechnology industry by studying the stock market reactions to announcements of drug development outcomes for a sample period of 10 years (from January 2010 to December 2019). We find that the market reacts strongly to these announcements and that the magnitude of the market reaction differs between announcements made in different phases of the drug development process as well as between positive and negative announcements. READ MORE