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which are under patent protection in India. The Indian prices of DPP-4 inhibitors are higher than those of other drugs in … the same segment, but only a fraction of the price in the U.S. and other developed countries (i.e., the patent holders … practice international differential pricing). The patent holders also license the products out voluntarily to local …
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We show how characterizing optimal patent policy for the pharmaceutical industry only requires information about …, we use data on Paragraph IV patent challenges, and two quasi-experimental approaches: one based on changes in patent laws … and another on the allocation of patent applications to examiners. We find that extending effective patent duration …
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Generic drugs play an important role in disciplining drug prices and controlling rising drug costs. However, the effect that an additional generic drug competitor has on drug prices is difficult to measure because the number of firms competing in a market is endogenously determined. We identify...
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Biosimilars are close copies of biologic drugs, a group of complex pharmaceutical products that cannot be exactly replicated. The United States Congress passed regulation promoting biosimilar entry in 2010. Since then, the FDA has approved more than 30 biosimilars. We study how the entry of...
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