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Since Spotify didn't do an IPO, it set a "reference price" of $132 per share, which would have given the company a valuation of $23.5 billion.
This, on a molar tooth, would have had a reference price of EUR 150 in the PDS and EUR 360 in the private sector (after reimbursement).
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Called the most important figure in finance, Libor is used as a reference price for more than $500tn £307tnn) worth of loans and transactions around the world, including corporate loans and fixed-deal mortgages for homeowners.
This can take a number of forms, from a reference price to a regulated tariff.
Each day Platts's reporters establish a reference price by following the value of public bids and offers during a half-hour "window" before a set time 4:30pm in London, for example.
We defined a priori eligibility criteria (the study had to be based on empirical analysis and had to examine the effects of a reference price system on drug use and/or health outcomes and/or costs), which led to the selection of 35 relevant articles.
We used a reference price based on data from a range of general and academic hospitals in the Netherlands [ 14].
A reference price system (RPS) establishes a common reimbursement or reference price for a group of comparable or interchangeable drugs, called a cluster [ 1– 7].
Mr. Kukes said that his company would increase output at a slower pace if the reference price of Brent crude fell below $18 a barrel, but that the Russian industry would still be profitable at prices down to $10 a barrel.
In particular, the reference price of 615.7 UAH/MWh equals 0.064 EUR/kWh.
Table 2 summarizes the percentage reduction applied to the original brand drug price to obtain the reference price of the cluster.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com