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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17046 |
来源ID | Working Paper 17046 |
Pharmaceutical Use Following Generic Entry: Paying Less and Buying Less | |
Peter J. Huckfeldt; Christopher R. Knittel | |
发表日期 | 2011-05-12 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We study the effects of generic entry on prices and utilization using both event study models that exploit the differential timing of generic entry across drug molecules and cast studies. Our analysis examines drugs treating hypertension, high blood pressure, type 2 diabetes, and depression using price and utilization data from the Medical Expenditure Panel Survey. We find that utilization of drug molecules starts decreasing in the two years prior to generic entry and continues to decrease in the years following generic entry, despite decreases in prices offered by generic versions of a drug. This decrease coincides with the market entry and increased utilization of branded reformulations of a drug going off patent. We show case study evidence that utilization patterns coincide with changes in marketing by branded drug manufacturers. While the reformulations---often extended-release versions of the patent-expiring drug---offer potential health benefits, the FDA does not require evidence that the reformulations are improvements over the previous drug in order to grant a patent. Indeed, in a number of experiments comparing the efficacies of the patent-expiring and reformulated drugs do not find statistical differences in health outcomes calling into question the patent-extension policy. |
主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w17046 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574720 |
推荐引用方式 GB/T 7714 | Peter J. Huckfeldt,Christopher R. Knittel. Pharmaceutical Use Following Generic Entry: Paying Less and Buying Less. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17046.pdf(1387KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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