d) Company A says that it has provided 138 patents, of which 45 were successful, giving a success rate of 32.6%. The corresponding figure for Company B is 30.7%. How would Company B respond to this claim? O A. Company B would respond that Company A's overall success rate is greater because Company A has submitted a higher volume of patent requests. O B. Company B would respond that Company A's overall success rate is greater because Company A's patent requests are subjected to a more lenient approval process. O C. Company B would respond that Company A's overall success rate is greater because it focuses on anti-inflammatory drug patents whose overall success rate is higher than the success rate for other drug patents. O D. Company B would respond that Company A's overall success rate is greater because Company B has yet to submit a new batch of patent requests for which it expects a high success rate for all drug types. e) (i) If the pharmaceutical company wants to buy a patent, which biotechnology company is better for genetic disease drugs? The pharmaceutical should buy the patent from Company because it has a success rate with genetic disease drugs of which is greater than the other company. (Deund

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Question

8

Number of patents
Company A
Successful Unsuccessful Successful Unsuccessful
Company B
Number of Patents
Genetic Diseases
Chemotherapy
Anti-inflammatory
Total
15
12
32
28
12
35
37
50
11
12
45
93
35
79
Print
Done
Transcribed Image Text:Number of patents Company A Successful Unsuccessful Successful Unsuccessful Company B Number of Patents Genetic Diseases Chemotherapy Anti-inflammatory Total 15 12 32 28 12 35 37 50 11 12 45 93 35 79 Print Done
Small biotechnology companies are research intensive and develop chemical compounds that may prove to be useful drugs. A pharmaceutical company has been
buying patents from two biotechnology companies. The numbers of patents that led to successful and unsuccessful drugs during the past five years for three
categories of drug are in the accompanying table. Complete parts (a) through (e).
Click the icon to view the numbers of patents.
...
d) Company A says that it has provided 138 patents, of which 45 were successful, giving a success rate of 32.6%. The corresponding figure for Company B is
30.7%. How would Company B respond to this claim?
O A. Company B would respond that Company A's overall success rate is greater because Company A has submitted a higher volume of patent requests.
O B. Company B would respond that Company A's overall success rate is greater because Company A's patent requests are subjected to a more lenient
approval process.
OC. Company B would respond that Company A's overall success rate is greater because it focuses on anti-inflammatory drug patents whose overall success
rate is higher than the success rate for other drug patents.
O D. Company B would respond that Company A's overall success rate is greater because Company B has yet to submit a new batch of patent requests for
which it expects a high success rate for all drug types.
e) (i) If the pharmaceutical company wants to buy a patent, which biotechnology company is better for genetic disease drugs?
The pharmaceutical should buy the patent from Company
because it has a success rate with genetic disease drugs of , which is greater than the other
company.
(Round to three decimal places as needed.)
Transcribed Image Text:Small biotechnology companies are research intensive and develop chemical compounds that may prove to be useful drugs. A pharmaceutical company has been buying patents from two biotechnology companies. The numbers of patents that led to successful and unsuccessful drugs during the past five years for three categories of drug are in the accompanying table. Complete parts (a) through (e). Click the icon to view the numbers of patents. ... d) Company A says that it has provided 138 patents, of which 45 were successful, giving a success rate of 32.6%. The corresponding figure for Company B is 30.7%. How would Company B respond to this claim? O A. Company B would respond that Company A's overall success rate is greater because Company A has submitted a higher volume of patent requests. O B. Company B would respond that Company A's overall success rate is greater because Company A's patent requests are subjected to a more lenient approval process. OC. Company B would respond that Company A's overall success rate is greater because it focuses on anti-inflammatory drug patents whose overall success rate is higher than the success rate for other drug patents. O D. Company B would respond that Company A's overall success rate is greater because Company B has yet to submit a new batch of patent requests for which it expects a high success rate for all drug types. e) (i) If the pharmaceutical company wants to buy a patent, which biotechnology company is better for genetic disease drugs? The pharmaceutical should buy the patent from Company because it has a success rate with genetic disease drugs of , which is greater than the other company. (Round to three decimal places as needed.)
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