How the rise of generic drugs affects pharmaceutical innovation

from The Incidental Economist at on September 30, 2014 at 02:24PM

For many years, researchers and industry observers have conjectured that rising generic penetration might have an impact on the rate and direction of pharmaceutical innovation. Using a new combination of data sets, we are able to estimate the effects of rising generic penetration on early-stage pharmaceutical innovation. While the overall level of early-stage drug development […]