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In this article we analyse the problem of determining the price for new drugs in a market where a stringent budget constraint on public expenditure exists and we suggest an innovative methodology to set their prices. The market is characterised by asymmetry of information and a high proportion...
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This paper investigates price patterns of off-patent pharmaceuticals in Sweden. I show that price dynamics are … competition in which the demand for pharmaceuticals incorporates the known biases of consumers: habit persistence and brand … preferences. Using the regulated market of Swedish pharmaceuticals, I show that price dynamics may help in identifying possible …
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Background: The aim was: i) to quantify the direct and indirect savings from parallel imports in Sweden during a period … EUR) per year. In total, parallel imports reduced the cost for on-patent pharmaceuticals by 4%. When discounts were …
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