2011 | 858 | 83-92
Article title

Leki innowacyjne a leki generyczne w przemyśle farmaceutycznym Stanów Zjednoczonych

Title variants
Innovative Drugs and Generics in the US Pharmaceutical Industry
Languages of publication
The pharmaceutical industry has always been an example of modernity and innovation. Economists point out in their research that patents play a more important role in the pharmaceutical industry than in other technical industries. This is due to the high costs of discovering and developing innovative drugs, though the cost of generic imitation is minimal. The article attempts to define the importance of patent protection and generic regulations for the development of and access to new drugs. Economic aspects of the innovation process and legislative changes concerning generic drugs complement results of the analysis of empirical data. Using this data, the author comes to the conclusion that the implemented changes are negatively correlated with the pharmaceutical companies’ motivation to innovate. Delaying strategies being developed and generic competition have an influence on the strength and extent of their innovation.
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Publication order reference
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