Case Studies 

Managers unfamiliar with Real Options will probably be asking: "How can Real Options help my company in practice?"

The following case-study applications are indented to give you a flavor of the different applications of Real Options thinking and valuation approach to the kinds of problems real companies encounter.

GlaxoSmithKline PLC: Valuation of Pharma R&D / Patent Rights

Elli Lilly: Valuing Parallel or Sequential Marketing Expansion Strategy

MediGene AG: Full Strategic Real Options Valuation in Pharmaceuticals