HLD-0117 — Discount rate

How to read this metric

An increase in the discount rate suggests higher perceived risk or a higher cost of capital for the project, which lowers the asset's present value. A decrease indicates improved risk assessment or lower capital costs, increasing the asset's valuation.

Detailed definition

Peer comparison

Comparable to weighted average cost of capital (WACC) or risk-adjusted hurdle rates used by pharmaceutical peers for specific clinical-stage pipeline assets.