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Does increased price competition reduce entry of new pharmaceutical products?
Umeå University, Faculty of Social Sciences, Department of Economics.
Handelns utredningsinstitut.
2011 (English)In: Advances in Management and Applied Economics, ISSN 1792-7544, Vol. 1, no 1, 1-14 p.Article in journal (Refereed) Published
Abstract [en]

In October 2002, a substitution reform was introduced in the Swedish pharmaceuticals market. In this paper, the effects of increased price competition due to the reform on the entry of new pharmaceutical products were studied. The results show that the reform did affect the entry behavior of generic manufacturers as they became more prone to enter new package sizes into the market after the reform, but also that there is considerable heterogeneity in entry behavior between different ATC-code groups for both brand name and generic products.

Place, publisher, year, edition, pages
2011. Vol. 1, no 1, 1-14 p.
Keyword [en]
Pharmaceutical industry, generic competition, generic drugs, brand name drugs
National Category
Research subject
URN: urn:nbn:se:umu:diva-37229OAI: diva2:358428
Swedish Competition Authority
Available from: 2010-10-21 Created: 2010-10-21 Last updated: 2015-04-28

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