Residential College | false |
Status | 已發表Published |
Quantitative Analysis for Chinese and US-listed Pharmaceutical Companies by the LightGBM Algorithm | |
Zheng,Wenwen1; Junjun Li,2; Wang,Yu2; Ye,Zhuyifan2; Zhong,Hao2; Kot,Hung Wan3; Ouyang,Defang2; Chan,Ging2 | |
2023 | |
Source Publication | Current Computer-Aided Drug Design |
ISSN | 1573-4099 |
Volume | 19Issue:6Pages:405-415 |
Abstract | Aim: This article aims to quantitatively analyze the growth trend of listed pharmaceutical companies in the US and China by a machine learning algorithm. Background: In the last two decades, the global pharmaceutical industry has faced the dilemma of low research & development (R&D) success rate. The US is the world's largest pharmaceutical market, while China is the largest emerging market. Objective: To collect data from the database and apply machine learning to build the model. Methods: LightGBM algorithm was used to build the model and identify the factor important to the performance of pharmaceutical companies. Results: The prediction accuracy for US companies was 80.3%, while it was 64.9% for Chinese companies. The feature importance shows that the net profit growth rate and debt liability ratio are significant in financial indicators. The results indicated that the US may continue to dominate the global pharmaceutical industry, while several Chinese pharmaceutical companies rose sharply after 2015 with the narrowing gap between the Chinese and US pharmaceutical in-dustries. Conclusion: In summary, our research quantitatively analyzed the growth trend of listed pharmaceutical companies in the US and China by a machine learning algorithm, which provide a novel perspective for the global pharmaceutical industry. According to the R&D capability and profita-bility, 141 US-listed and 129 China-listed pharmaceutical companies were divided into four levels to evaluate the growth trend of pharmaceutical firms. |
Keyword | Algorithm Lightgbm Machine Learning Pharmaceutical Industry Quantitative Analysis r&d |
DOI | 10.2174/1573409919666230126095901 |
URL | View the original |
Indexed By | SCIE |
Language | 英語English |
WOS Research Area | Pharmacology & Pharmacy ; Computer Science |
WOS Subject | Chemistry, Medicinal ; Computer Science, Interdisciplinary Applications |
WOS ID | WOS:001011931500001 |
Publisher | Bentham Science Publishers |
Scopus ID | 2-s2.0-85159734655 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Institute of Chinese Medical Sciences |
Corresponding Author | Ouyang,Defang |
Affiliation | 1.Department of Clinical Laboratory,The Sixth Affiliated Hospital of Sun Yat-Sen University,Guangzhou,China 2.State Key Laboratory of Quality Research in Chinese Medicine,Institute of Chinese Medical Sciences (ICMS),University of Macau,Macau,China 3.Faculty of Business Administration,University of Macau,Macau,China |
Corresponding Author Affilication | Institute of Chinese Medical Sciences |
Recommended Citation GB/T 7714 | Zheng,Wenwen,Junjun Li,,Wang,Yu,et al. Quantitative Analysis for Chinese and US-listed Pharmaceutical Companies by the LightGBM Algorithm[J]. Current Computer-Aided Drug Design, 2023, 19(6), 405-415. |
APA | Zheng,Wenwen., Junjun Li,., Wang,Yu., Ye,Zhuyifan., Zhong,Hao., Kot,Hung Wan., Ouyang,Defang., & Chan,Ging (2023). Quantitative Analysis for Chinese and US-listed Pharmaceutical Companies by the LightGBM Algorithm. Current Computer-Aided Drug Design, 19(6), 405-415. |
MLA | Zheng,Wenwen,et al."Quantitative Analysis for Chinese and US-listed Pharmaceutical Companies by the LightGBM Algorithm".Current Computer-Aided Drug Design 19.6(2023):405-415. |
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