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Use the table below to answer the following question(s) .
Dresden Pharmaceuticals has decided to go ahead and start clinical trials on a potential new drug. The total R&D costs are estimated to reach around $875,000,000 with clinical trials mounting to
$145,000,000. The current market size is estimated to be around 3,000,000 and is expected to grow at 4 percent every year. The market share Dresden hopes to capture in the first year is 7 percent, and is projected to grow by 25 percent each year for the next 4 years. A monthly prescription is anticipated to generate revenue of $420 while incurring variable costs of $150. A discount rate of 8 percent is assumed.
-Calculate the annual revenue for the fourth year.
Moral Idealism
A personal moral philosophy that considers certain actions to be universally right or wrong, independent of the outcomes they produce.
Personal Moral Philosophy
An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence ethical decision-making.
Ethical Behavior
Actions or practices conducted in accordance with recognized moral principles or standards, crucial in maintaining trust and integrity in business.
Whistle-blower
An individual who exposes illegal, unethical, or improper conduct within an organization, often risking their own career or well-being.
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