Patentes, regulación de precios e innovación en la industria farmacéutica

Vicente Ortun

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: The trade-off between property rights/price regulation and innovation depends on country characteristics and drug industry specificities. Access to drugs and innovation can be reconciled by seven ways that, among others, include: public health strengthening in the countries with the largest access problems (those among the poor with the weakest institutions); public and private aid to make attractive R&D on neglected diseases; price discrimination with market segmentation; to require patent owners to choose either protection in the rich countries or protection in the poor countries (but not both). Regarding price regulation, after a review of theoretical arguments and empirical evidence, seven strategies to reconcile health and industrial considerations are outlined, including: mitigation of the medical profession dependence on the pharmaceutical industry; consideration of a drug as an input of a production process; split drug authorization from public funding decisions; establish an efficiency minimum for all health production inputs; and stop the European R&D hemorrhagia.

Keywords: I+D farmacéutico; acceso a medicamentos; patentes; regulación de precios; política industrial; política sanitaria (search for similar items in EconPapers)
JEL-codes: D45 I18 K23 P35 (search for similar items in EconPapers)
Date: 2004-05
New Economics Papers: this item is included in nep-com, nep-edu and nep-mic
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Working Paper: Patentes, regulación de precios e innovación en la industria farmacéutica (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:754

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