A team of employees doing research for finding a new drug for acid reflux accidentally discovered a drug for treating a rare neurological disorder. The team is looking to move forward with the discovery into the clinical trials. The financial manager has to make a recommendation looking at the financial prospect of the new drug. The drug has little potential for profits. The costs outweigh the profits of the drug. To explain: The course of action that is recommended.

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Chapter 2, Problem 2.19EE

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Summary:

A team of employees doing research for finding a new drug for acid reflux accidentally discovered a drug for treating a rare neurological disorder. The team is looking to move forward with the discovery into the clinical trials.

The financial manager has to make a recommendation looking at the financial prospect of the new drug. The drug has little potential for profits. The costs outweigh the profits of the drug.

To explain: The course of action that is recommended.

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