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Record W2809364932 · doi:10.31203/aepa.2015.12.4.012

The Effect of Generic Entry on the Demand for Pharmaceutical Products

2015· article· en· W2809364932 on OpenAlexaboutno aff
임현우, 박청규

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicIntellectual Property and Patents
Canadian institutionsnot available
Fundersnot available
KeywordsBusinessOn demandBiochemical engineeringChemistryIndustrial organizationCommerceEngineering

Abstract

fetched live from OpenAlex

It is very common that after patent expirations of original pharmaceutical products (brand products), other pharmaceutical firms enter the market with generic drugs which has the same molecule as the original drugs. For example, in any pharmacies in North America, acetaminophen or ibuprofen, the generic version of Tylenol or Advil, respectively, can be easily found. The generic entry (introduction of chemically equivalent drug) of a brand product significantly lowers the average price of the drugs with the same molecule and thus, it is commonly believed that the total market size for the molecule increases significantly. However, after the generic entry, brand firms tend to stop spending on detailing, the most common marketing activity of pharmaceutical firms, which is sending their representatives to physicians and explaining the efficacy of drugs, and investments for clinical trials because generic products can free-ride on the marketing efforts of the brand firms. Also, firms producing the competing drugs with similar efficacy, e.g., me-too drugs, can adjust their detailing efforts after the generic entry. Therefore, it is unclear whether the generic entries actually expand the total market for the focal molecule after controlling for the detailing activities of focal firms and competing firms. In this research we try to answer this question by using the Canadian data on drugs in statin class, which is a very popular class of anti-cholesterol drugs. Our estimation results provide policy makers with valuable implications as follows. When a drug is strong, the generic entry seems to increase social welfare so the policy maker should encourage the generic entry. However, when a drug is weak, the generic entry does not seem to have any significant impact on social welfare so the policy maker seems to have less incentive to encourage the generic entry. In addition, by observing the generic drug market in Canada, where generic drug market is mature, the generic drug companies and policy makers in Asia, where generic drug market is still growing, can learn the dynamics of generic market development.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.013
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.674
Threshold uncertainty score0.657

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.013
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.003
Bibliometrics0.0020.003
Science and technology studies0.0020.002
Scholarly communication0.0050.002
Open science0.0020.002
Research integrity0.0030.005
Insufficient payload (model declined to judge)0.0250.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.195
GPT teacher head0.278
Teacher spread0.082 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2015
Admission routes1
Has abstractyes

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