Entry and competition in generic biologics
Article Abstract:
Policy makers are examining if generic biologics can be regulated like generic pharmaceuticals even if manufacturing biologics is more costly than developing pharmaceuticals. A theoretical model revealed that there will be fewer generic biolgics due to high cost of production and testing, which in turn, will lead to less competition and higher price. Promotion of generic competition in biologics is discussed.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
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A primer on the economics of re-importation of prescription drugs
Article Abstract:
The implications of shifting from differential to standardized global pricing of prescription drugs on profitability of the global pharmaceutical indusrty is analyzed. It was investigated that the global pricing would have greater effects on Canada, Asia, and Europe than on the United States. The possibility that these regions would demand for lower prices as a consequence of uniform pricing is examined.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
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An industrial organization perspective on the influenza vaccine shortage
Article Abstract:
Causes of influenza vaccine shortage in the United States, such as high cost, regulated price and tort liability, are investigated. Suppliers in the U.S. perceive that the cost of producing additional vaccines is higher than the benefits, which was proven false through a benefit/cost analysis. The advantages of immunization, and their importance in vaccine policy-making are analyzed.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
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