consumers. We find that income redistribution from rich to poor increases the quality of the medical innovation, reduces its …

consumers. We find that income redistribution from rich to poor increases the quality of the medical innovation, reduces its … ; Innovation ; Income Redistribution …

approved medicines to patients. We introduce a regulatory approach we term “Pricing for Medicine Innovation” (PMI), which … with this pricing approach. Firstly, in an innovation system where a company’s sales revenue is the source of its finance … for further drug development, price caps may deprive a firm of the means to invest in innovation. Secondly, even with …

limits of the available resources. In this opinion paper, innovation aspects in medicine, healthcare, and health policy …