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The rise of blockbuster pharmaceutical acquisitions has prompted fears that unprecedented market concentration will weaken competition. Two of the most prominent concerns focus on the upstream and downstream ends of the pharmaceutical industry: (1) the concern that these mergers will concentrate...
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innovation are necessarily at odds with each other. Although intuitively appealing, the argument that drug regulation negatively … than decreasing the expected returns to innovation, this aspect of regulation contributes to the value of new drugs and may … actually encourage innovation. This point has largely been absent from most cost-benefit analyses of drug regulation, yet …
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This paper examines the optimal content regulation of DTCA by comparing two forms of DTCA-product-specific and category …
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