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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 PublicationCurrent Computer-Aided Drug Design
ISSN1573-4099
Volume19Issue: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.

KeywordAlgorithm Lightgbm Machine Learning Pharmaceutical Industry Quantitative Analysis r&d
DOI10.2174/1573409919666230126095901
URLView the original
Indexed BySCIE
Language英語English
WOS Research AreaPharmacology & Pharmacy ; Computer Science
WOS SubjectChemistry, Medicinal ; Computer Science, Interdisciplinary Applications
WOS IDWOS:001011931500001
PublisherBentham Science Publishers
Scopus ID2-s2.0-85159734655
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionInstitute of Chinese Medical Sciences
Corresponding AuthorOuyang,Defang
Affiliation1.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 AffilicationInstitute 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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