Title |
Reference pricing in the presence of pseudo-generics
|
---|---|
Published in |
International Journal of Health Economics and Management, February 2015
|
DOI | 10.1007/s10754-015-9165-1 |
Pubmed ID | |
Authors |
Ricardo Gonçalves, Vasco Rodrigues, Hélder Vasconcelos |
Abstract |
This paper looks at producers of branded and generic pharmaceuticals' pricing decisions under two possible reimbursement schemes-reference pricing and fixed percentage reimbursement-and under two settings-one where the branded producer only sells the (off-patent) branded pharmaceutical and another where, in addition, it may also sell its own generic version, a so called pseudo-generic. We find different pricing responses from firms under the two reimbursement schemes and across the two settings analysed (with or without a pseudo-generic), and show that pseudo-generics may have an anticompetitive effect. Our results have important policy implications such as showing that the presence of pseudo-generics reinforces reference pricing's advantages over alternative reimbursement schemes. |
X Demographics
Geographical breakdown
Country | Count | As % |
---|---|---|
Spain | 1 | 33% |
Unknown | 2 | 67% |
Demographic breakdown
Type | Count | As % |
---|---|---|
Members of the public | 2 | 67% |
Scientists | 1 | 33% |
Mendeley readers
Geographical breakdown
Country | Count | As % |
---|---|---|
Unknown | 17 | 100% |
Demographic breakdown
Readers by professional status | Count | As % |
---|---|---|
Researcher | 7 | 41% |
Other | 1 | 6% |
Student > Master | 1 | 6% |
Student > Bachelor | 1 | 6% |
Professor > Associate Professor | 1 | 6% |
Other | 1 | 6% |
Unknown | 5 | 29% |
Readers by discipline | Count | As % |
---|---|---|
Economics, Econometrics and Finance | 6 | 35% |
Pharmacology, Toxicology and Pharmaceutical Science | 2 | 12% |
Nursing and Health Professions | 1 | 6% |
Social Sciences | 1 | 6% |
Unknown | 7 | 41% |