Puig-Junoy, Jaume; López-Valcárcel, Beatriz Gonzalez - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
This paper provides empirical evidence on the explanatory factors affecting introductory prices of new pharmaceuticals in a heavily regulated and highly subsidized market. We collect a data set consisting of all new chemical entities launched in Spain between 1997 and 2005, and model launching...