Papers

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Estimation of clinical trial success rates and related parameters

Healthcare Finance 2018 Wong, Chi Heem, Kien Wei Siah, and Andrew W. Lo, Biostatistics, kxx069, https://doi.org/10.1093/biostatistics/kxx069.
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Patient-Centered Clinical Trials

Healthcare Finance 2018 Chaudhuri, Shomesh E., Martin P. Ho, Telba Irony, Murray Sheldon, and Andrew W. Lo,Drug Discovery Today 23(2), 395--401. https://doi.org/10.1016/j.drudis.2017.09.016.
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Re-inventing drug development: A case study of the I-SPY 2 breast cancer clinical trials program

Healthcare Finance 2017 Das, Sonya, and Andrew W. Lo, Contemporary Clinical Trials 62, 168–174.
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Funding Long Shots (Working Paper)

Healthcare Finance 2017 Hull, John, Andrew W. Lo, and Roger M. Stein, Working Paper.
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Pricing for Survival in the Biopharma Industry: A Case Study of Acthar Gel and Questcor Pharmaceuticals

Healthcare Finance 2017 Burnham, Terence C., Samuel Huang, and Andrew W. Lo, Journal of Investment Management 15(4), 69-91.
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Just How Good an Investment is the Biopharmaceutical Sector?

Healthcare Finance 2017 Thakor, Richard T., Nicholas Anaya, Yuwei Zhang, Christian Vilanilam, Kien Wei Siah, Chi Heem Wong, and Andrew W. Lo, Nature Biotechnology 35, 1149-1157.
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The Growth of Relative Wealth and the Kelly Criterion (Working Paper)

Foundations of Financial Behavior and Adaptive Markets 2017 Lo, Andrew W., H. Allen Orr, and Ruixun Zhang, Working Paper.
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Stop-Loss Strategies with Serial Correlation, Regime-Switching, and Transaction Costs

Foundations of Financial Behavior and Adaptive Markets, Risk Management and Systemic Risk 2017 Lo, Andrew W. and Alexander Remorov, Journal of Financial Markets 34, 1–15.
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Hedge Fund Holdings and Stock Market Efficiency

Foundations of Financial Behavior and Adaptive Markets, Capital Markets and Asset-Market Dynamics 2017 Cao, Charles, Bing Liang, Andrew W. Lo, and Lubomir Petrasek, The Review of Asset Pricing Studies, rax015, https://doi.org/10.1093/rapstu/rax015.
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Optimal Financing for R&D-Intensive Firms (Working Paper)

Healthcare Finance 2017 Thakor, Richard T. and Andrew W. Lo, NBER Working Paper 23831.