Are the economics of pharmaceutical research and development changing? Productivity, patents and political pressures

被引:54
作者
Grabowski, H [1 ]
机构
[1] Duke Univ, Dept Econ, Durham, NC 27708 USA
关键词
D O I
10.2165/00019053-200422002-00003
中图分类号
F [经济];
学科分类号
02 ;
摘要
Pharmaceutical research and development (R&D) competition in the 1980s and 1990s was characterised by rising R&D expenditures, favourable returns to innovators and the introduction of many new classes of drugs with high social benefits. However, in the past 3 years, the number of new drug introductions has been well below the historical trend, while the cost per new drug continues to increase. In addition to lagging R&D productivity, the industry has been characterised by other economic and policy uncertainties. These include a wave of early patent challenges and growing political pressure to contain pharmaceutical expenditures. This paper examines the consequences of these developments.
引用
收藏
页码:15 / 24
页数:10
相关论文
共 23 条
[1]   RESEARCH AND DEVELOPMENT COSTS AND RETURNS - US PHARMACEUTICAL INDUSTRY [J].
BAILY, MN .
JOURNAL OF POLITICAL ECONOMY, 1972, 80 (01) :70-85
[2]  
BERNASEK C, 2003, CASE STUDY MICHIGANS
[3]  
BERNASEK C, 2002, FLORIDAS MED PRESCRI
[4]  
BULOW J, 2003, INNOVATION POLICY EC, V4
[5]  
DANZON PM, 2003, NBER WORKING PAPER
[6]  
Di Masi JA, 2003, J HLTH EC, V22, P141
[7]  
*FED TRAD COMM, 2002, GEN ENTR PRIOR PAT E
[8]   Longer patents for increased generic competition in the US - The Waxman-Hatch Act after one decade [J].
Grabowski, H ;
Vernon, J .
PHARMACOECONOMICS, 1996, 10 :110-123
[9]   Returns on research and development for 1990s new drug introductions [J].
Grabowski, H ;
Vernon, J ;
DiMasi, JA .
PHARMACOECONOMICS, 2002, 20 (Suppl 3) :11-29
[10]  
GRABOWSKI H, 1999, MEASURING PRICES MED, P190