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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 may help in identifying possible tacit …
Persistent link: https://www.econbiz.de/10012181078
mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is …
Persistent link: https://www.econbiz.de/10012161505
, Switzerland introduced out-of-pocket price differentiation. As of July 1st 2011, substitutable pharmaceuticals with prices above a …
Persistent link: https://www.econbiz.de/10014551351
mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is …
Persistent link: https://www.econbiz.de/10014095430
Abstract: This article discusses the prosecution of excessive pricing cases regarding pharmaceutical products under EU law in its regulatory context. In recent years the legal framework for the pursuit of such cases, based on the United Brands precedent, has been established more firmly. The...
Persistent link: https://www.econbiz.de/10013299479
Persistent link: https://www.econbiz.de/10010473653
Before it can sell a prescription drug lawfully in interstate commerce, a manufacturer must prove to the satisfaction of the Food and Drug Administration that the drug is both safe and effective. Congress approved this requirement in 1962 unanimously. Four decades of changes in the drug market...
Persistent link: https://www.econbiz.de/10014058315
Policy makers use reference pricing to curb pharmaceutical expenditures by reducing coverage of expensive branded drugs. In a theoretical analysis we show that the net effect of reference pricing is generally ambiguous when accounting for entry by generic producers. Reference pricing shifts...
Persistent link: https://www.econbiz.de/10013285854
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