Killing the Golden Goose or Just Chasing it around the Farmyard? : Rising Generic Entry and the Incentives for Early-stage Pharmaceutical Innovation
Is generic entry reducing the flow of early-stage pharmaceutical innovation and therefore future availability of new medicines? We explore this question using novel data sources and an empirical framework that models the flow of early-stage pharmaceutical innovations as a function of generic penetration, scientific opportunity and challenges, firm innovative capability, and additional controls. |
Project Team
Chirantan Chatterjee, Lee Branstetter, and Matthew J Higgins
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Ongoing (Initiated in 2011)
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