Ekelund, Mats; Persson, Björn - In: The Review of Economics and Statistics 85 (2003) 2, pp. 298-306
We compare how new pharmaceuticals are priced in the price-regulated Swedish market with how they are priced in the U.S. market, as studied by Lu and Comanor (1998). We collect a data set consisting of all new chemical entities (NCEs) launched in Sweden between 1987 and 1997, and test the same...