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World Biotechnology 2016

August 15-17, 2016

Volume 6 Issue 5(Suppl)

J Biotechnol Biomater 2016

ISSN: 2155-952X JBTBM, an open access journal

conferenceseries

.com

August 15-17, 2016 Sao Paulo, Brazil

Biotechnology World Convention

Alternative extraction of bergenin: A case study of valuation for technology transfer

Rosana Zau Mafra, Crystiana Costa Nascimento

and

Sandra Patricia Zanotto

Amazonas Federal University, Brazil

his research aimed to evaluate the alternative extraction process of bergenin from

Endopleura uchi

. Valuing a technology

means to quantify its monetary value and can be used to sell and/or license technologies, analyze risks of investing in R&D

and prioritize R&D projects. There are several methods to Valuate and they vary according to the company, the technology,

the strategies adopted, etc. and can be analyzed from the perspective of the buyer or seller. To achieve the goal stated for this

research, it was necessary to discuss the technology transfer process, identify the methods of valuation existing, characterize

the object of study technology and apply the quantitative data related to the technology (extraction process) to the valuation

method chosen. The valuation method used was the Discounted Cash Flow as it is a widely discussed approach and taught at

universities, along with the cost approach, among different methods of valuation. It was collected data related to revenues, costs

and expenses, taxes, etc., in order to get the required cash flow and their respective discount rates and therefore valuate the

technology. Given the uncertainties and risks from the innovative process, it was possible to calculate the terminal value (TV)

of technology, which is highly scalable when succeed. Based on its terminal value (TV) (near to U$ 6,000.000) and estimates of

revenue (more than U$ 400,000), this technology is highly profitable both for transfer and/or for production.

Biography

Rosana Zau Mafra has completed her Masters in Natural Resources Economics. She is a Professor at Department of Economics and Analysis, Social Studies

Faculty of Amazonas Federal University (UFAM), Brazil.

Rosana Zau Mafra et al., J Biotechnol Biomater 2016, 6:5(Suppl)