Analysis of the success rates of new drug development in Japan and the lag behind the US
Yuka Hirai,
Yosuke Yamanaka,
Makiko Kusama,
Taro Ishibashi,
Yuichi Sugiyama and
Shunsuke Ono
Health Policy, 2012, vol. 104, issue 3, 241-246
Abstract:
The launch delay of new drugs has been a major public concern in Japan. Although it is recognized that the delay results from industrial R&D behaviors and regulatory conditions in the global market, the specific mechanisms underlying the significant delay have been unexplained. This study analyzed the association between the success rates of clinical development programs of new molecular entities in Japan and the development lag behind the US and provides clues for policy planning.
Keywords: Pharmaceuticals; Research and development; Policy; Japan; Drug industry; Risk management (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eee:hepoli:v:104:y:2012:i:3:p:241-246
DOI: 10.1016/j.healthpol.2011.11.008
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