Longer Patents for Increased Generic Competition:The Waxman-Hatch Act after One Decade

The 1984 Drug Price Competition and Patent Term Restoration Act (the Waxman-Hatch Act) is unique in many ways. This Law was the first change in U.S. patent terms since 1861. It simultaneously lowered the barrier to entry for generic drug firms and increased patent terms for new drugs delayed by FDA regulation. In this paper, we analyze the Act has performed in practice, determining whether the Law has resulted in cheaper and better drugs.

MoreLess

Year of publication:	1995
Authors:	Grabowski, Henry G. ; Vernon, John
Institutions:	Duke University, Department of Economics

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

More details

Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published in PHARMACOECONOMICS, Vol. 10 (Suppl. 2), 1996, pages 110-123 Number 95-11
Classification:	O34 - Intellectual Property Rights: National and International Issues
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005787381