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Health Care as a Handicraft Industry
9 January 1995
…encourage many, as his theory of contestability, which first surfaced in the 1980s, has shaped modern economic thinking about industrial structure and competition. However, his thesis is that competition and…
The Case of Risperidone: Assessing the Life-cycle Value of Second-Generation Antipsychotics in Sweden and the UK
1 July 2019
…much additional value has been delivered through additional approved indications for SGAs, generic competition or new and clinically superior formulations launched. Using risperidone as representative of the SGA class and…
Exploring the Financial Sustainability of Gene Therapies
5 January 2021
…into account in the price. Pragmatic steps should be taken to share the cost offsets between the manufacturer and the payer. 3. Competition for gene therapies: Gene therapies are short-term…
Margaret Kyle
3 February 2023
Margaret Kyle (PhD, MIT Economics) studies innovation, productivity and competition. She has a number of papers examining R&D productivity in the pharmaceutical industry, specifically the role of geographic and academic…
The Inflation Reduction Act: Price negotiation underway for the first 10 drugs
29 November 2023
…high volume (they treat highly prevalent diseases), high levels of rebates due to competition within their therapeutic classes, and pending generic or biosimilar competition. Therefore, the extent to which the…
Biosimilars: Issues Overview
1 June 2010
…and makes unlikely the aggressive price competition on entry that has characterised the generics market. Overall, the number of biologics that have a large enough market share to attract biosimilars is…
What do Pharmaceuticals Really Cost in the Long Run?
6 October 2017
…prices. The long run price of prescription drugs depends on the nature and consequences of generic competition which reduces drug prices significantly after patent expiration. To estimate the value that…
Private Provision of Publicly Funded Health Care: The Economics of Ownership
10 September 2018
…of Ownership. OHE Briefing, London: Office of Health Economics. RePEc Related research Office of Health Economics Commission on Competition in the NHS. (2012). Report of the Office of Health Economics…
News Release: Report on Patient Choice in the UK
4 June 2010
…and has not so far acted as a lever to improve quality and increase competition. Thursday, 3 June 2010 Support for patient choice but it is not yet driving quality…