Vox:
Patents and the global diffusion of new drugs
22 November 2014
Patented pharmaceuticals diffuse across international borders slowly, and sometimes not at all. This column analyses the effect of patent protection and price regulation on the speed of and extent to which drugs enter new markets. There is a fundamental tradeoff between affordability - taking the form of low patent protection and strong price regulation - and rate of entry into a national market.
This article was posted online by Vox on November 22, 2014
Link to article here
Related publications
'Patents and the Global Diffusion of New Drugs', Iain Cockburn, Jean O. Lanjouw and Mark Schankerman, Centre for Economic Performance Discussion Paper No.1298, September 2014
Related links
Mark Schankerman webpage
Productivity and Innovation Programme webpage