chosen in some markets, for example due to regulation. We use our identification strategy to study the effects of regulatory …-ulcer drugs that allows us to explore the drivers of demand, to identify whether regulation in France truly affects margins and … increased over the 2004-2007 period because of new regulation of price setting that reduced branded drugs prices but increased …

innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …

the hypothesis that innovation in pharmaceuticals is becoming more difficult and expensive over time, as costs of …This paper quantifies the relationship between market size and innovation in the pharmaceutical industry. We estimate … the elasticity of innovation, as measured by the number of new chemical entities appearing on the market for a given …

quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to …