Pharmaceutical marketization: How markets in pharma are made and shaped

Susi Geiger

Chapter 15 in Handbook of Pharmaceutical Science and Technology Studies, 2026, pp 247-255 from Edward Elgar Publishing

Abstract: A volume that promises to study the inner workings of the pharmaceutical innovation system needs to also shed light on one of its most pervasive organizational infrastructures: markets. Pharmaceutical markets are the spaces where economic calculus most visibly enters the pharmaceutical nexus. Market mechanisms including pricing and patents determine to a large extent what gets innovated and made in the pharmaceutical innovation system, and they determine access, availability, and affordability of pharmaceutical goods. This introduction suggests a common language for social scientists that might help those interested in pharmaceutical social studies to understand, explain, and diagnose the interplay of market actors, exchange practices, material devices and infrastructures, and market norms to facilitate nuanced debate on how to make pharma markets “better” from the perspective of patients and regulatory actors. Such a shared vocabulary might also assist with formulating alternative, societally sustainable pharmaceutical economies.

Keywords: Pharmaceutical markets; Market devices; Pricing; Exchange; Market infrastructure; Market actors (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035338443
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035338450.00026 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:23545_16

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().