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crisis has brought the optimal design of pharmaceutical patent policy to the fore. In this paper we evaluate patent policy in … the US pharmaceutical industry. We estimate the effect of patent length and scope on generic entry prior to the expiration … of new drug patents using two quasi-experimental approaches: one based on changes in patent laws and another on the …
Persistent link: https://www.econbiz.de/10012802183
Persistent link: https://www.econbiz.de/10012439514
Persistent link: https://www.econbiz.de/10001702597
We analyze the effects on consumers of an extreme policy experiment -- Napsterizing' pharmaceuticals -- whereby all … patent rights on branded prescription drugs are eliminated for both existing and future prescription drugs without … compensation to the patent holders. The question of whether this policy maximizes consumer welfare cannot be resolved on an a …
Persistent link: https://www.econbiz.de/10013212342
We analyze the effects on consumers of an extreme policy experiment -- Napsterizing' pharmaceuticals -- whereby all … patent rights on branded prescription drugs are eliminated for both existing and future prescription drugs without … compensation to the patent holders. The question of whether this policy maximizes consumer welfare cannot be resolved on an a …
Persistent link: https://www.econbiz.de/10012469480
stage pharmaceutical innovation? We explore this question using novel data sources and an empirical framework that models … implications of our results for long-run welfare, policy, and innovation …
Persistent link: https://www.econbiz.de/10013032342
stage pharmaceutical innovation? We explore this question using novel data sources and an empirical framework that models … implications of our results for long-run welfare, policy, and innovation …
Persistent link: https://www.econbiz.de/10012458133
We estimate a model of drug demand and supply that incorporates insurance, advertising, and competition between branded and generic drugs within and across therapeutic classes. We use data on antiulcer drugs from 1991 to 2010. Our simulations show generics and ``me-too'' drugs each increased...
Persistent link: https://www.econbiz.de/10013074647
We estimate a model of drug demand and supply that incorporates insurance, advertising, and competition between branded and generic drugs within and across therapeutic classes. We use data on antiulcer drugs from 1991 to 2010. Our simulations show generics and ``me-too'' drugs each increased...
Persistent link: https://www.econbiz.de/10012459141
Imitation is the sincerest form of flattery; that is, unless the imitation is of a product produced by a multi billion-dollar industry. Then, imitation has the potential to involve intellectual property litigation. For the pharmaceutical industry, the majority of intellectual property litigation...
Persistent link: https://www.econbiz.de/10014161252