Healthy Skepticism Library item: 7351

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

Publication type: Journal Article

Pammolli F, Riccaboni M.
Perspective: Market structure and drug innovation.
Health Aff (Millwood) 2004 Jan-Feb; 23:(1):48-50
http://content.healthaffairs.org/cgi/content/full/23/1/48

Abstract:

An explosion of knowledge and a growing array of tools and technologies have transformed modern drug R&D, while its cost has risen by a sizable amount. At the same time, the unchecked increase in health care and prescription drug spending has spawned cost containment policies that are restricting the demand for drugs in all major markets. This Perspective explores the interplay between technological advances and regulatory policies and their likely impact on the dynamics of the pharmaceutical industry.

Keywords:
Cost Control Drug Industry/legislation & jurisprudence Drug Industry/organization & administration* Health Care Sector* Research/economics United States