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India has entered the 21st century with a bagful of hopes and aspirations. It is also accompanied by a mountain of woes. Its share in the global business is less than one-half of a percent; in terms of per capita GDP it finds itself among the bottom quartile of the nations[1]. The challenge of...
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this paper, we take a close look at competition among the generic entrants during the first three years after patent … expiration and examine whether there is a first mover advantage. We specify a random effect nested logit model of competition … that allows for competition between the brand drug and generics, and among multiple generic drugs. The model accommodates …
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