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branded pharmaceuticals. We then present a theoretical framework for the pricing of branded pharmaceuticals, without and then …
Persistent link: https://www.econbiz.de/10014191301
External referencing (ER) imposes a price cap for pharmaceuticals based on prices of identical products in foreign …
Persistent link: https://www.econbiz.de/10014216337
The pharmaceutical industry is unique in its complexity. Markets are nuanced. Multiple regulatory regimes apply. Generic entry is an event with dramatic consequences. These characteristics have encouraged brand-name drug firms to engage in an array of conduct that exploits this complexity to...
Persistent link: https://www.econbiz.de/10014140318
The WHO Global Strategy and Plan of Action mandated the Director General to support transfer of technology and local production of medicines in developing countries. This paper briefly lays out the conditions for local production in Africa and describes the on-going work program of the WHO...
Persistent link: https://www.econbiz.de/10014143821
, particularly from an economic standpoint. In this regard, pharmaceuticals are not generally traded in what might be described as a … with the overall regulatory schemes. A drug that is not approved for marketing in a particular country does not become so … because it is imported. Parallel trade (i.e., imports and exports) in pharmaceuticals takes place in markets that are …
Persistent link: https://www.econbiz.de/10014124812
Most countries regulate pharmaceutical prices, either directly or indirectly, on the assumption that competition is at best weak in this industry. This paper tests the hypothesis that regulation of manufacturer prices and of retail pharmacy margins undermines price competition. We use data from...
Persistent link: https://www.econbiz.de/10014038394
Pharmaceutical antitrust law is hard. When drug companies delay generic entry, is that beneficial “life-cycle management”? Or is it unjustified anti-competitive behavior? The question arises in multiple settings, including patent settlements by which brand firms pay generics to delay...
Persistent link: https://www.econbiz.de/10014107207
External reference pricing (ERP), the practice of benchmarking domestic drug prices to foreign prices, generates an incentive for firms to withhold products from low-income countries. Using a novel moment inequality approach, we estimate a structural model to measure the extent to which ERP...
Persistent link: https://www.econbiz.de/10014093683
positive. The literature written by physicians about pharmaceutical marketing and promotion generally focuses on the harmful …
Persistent link: https://www.econbiz.de/10014029615
Entry represents a fundamental threat to cartels engaged in price fixing. We study the extent and effect of this behavior in the largest price fixing case in US history, which involves generic drugmakers. To do so, we link information on the cartel’s internal operations to regulatory filings...
Persistent link: https://www.econbiz.de/10013293949