Working Papers

Current Research

  • A Portfolio Approach to Translational Medicine: A Case Study of NCATS, Austin Gromatzky, Andrew W. Lo, Manita Singh, and Nora Yang
  • Optimal Capital Structure, Risk, and R&D Decisions: Theory and Evidence from the Pharmaceutical Industry, Richard Thakor and Andrew W. Lo
  • Estimating the ROI of the NIH, Dimitrios Bisias, Andrew W. Lo, and James F. Watkins
  • Investment Management Meets Clinical Trials, Andrew W. Lo and Vahid Montazerhodjat