Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India

The enforcement of stringent intellectual property rights in the pharmaceutical sector of developing countries generates considerable controversy, due to both the extensive research investment and the public policy importance of this sector. This paper explores the likely effects of enforcing produc...

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Main Authors: Duggan, Mark, Goyal, Aparajita
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
R&D
WEB
Online Access:http://documents.worldbank.org/curated/en/2012/05/16258614/pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india-pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india
http://hdl.handle.net/10986/9342
id okr-10986-9342
recordtype oai_dc
spelling okr-10986-93422021-04-23T14:02:44Z Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India Duggan, Mark Goyal, Aparajita ACCESS TO PHARMACEUTICALS ACTIVE INGREDIENTS ADVERTISING ANALGESICS ANTIBIOTICS AUDITS AVERAGE PRICE AVERAGE PRICES BRAND BRAND NAME BRANDS CAPSULES CHEMISTS COMBINATION DRUGS COPYRIGHTS DELIVERY SYSTEMS DOSAGE FORMS DRUG PRICES DRUGS GOVERNMENT POLICY HEALTH CARE HOSPITALS IMPORTED DRUGS INFORMATION ON PRODUCT INFRINGEMENT INNOVATIONS INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INVENTION INVENTIONS JOINT VENTURES LAWS LEGAL PROTECTION LICENSE LICENSES LICENSING MANUFACTURING MARGINAL COSTS MARKET ENTRY MARKET POWER MARKET RESEARCH MARKET RESEARCH FIRM MARKET STRUCTURE MARKETING MARKETING STRATEGIES MATERIAL MEDICINE OPEN ACCESS PATENT PATENT ACT PATENT APPLICATION PATENT APPLICATIONS PATENT LAW PATENT LAWS PATENT LEGISLATION PATENT OFFICES PATENT POLICIES PATENT PROTECTION PATENT REFORM PATENT RIGHTS PATENT SYSTEMS PATENT TERM PATENTABILITY PATENTED PRODUCTS PERSONAL COMMUNICATION PHARMACEUTICAL PHARMACEUTICAL INDUSTRY PHARMACEUTICAL LAW PHARMACEUTICAL MANUFACTURERS PHARMACEUTICAL PATENTS PHARMACEUTICAL PRICES PHARMACEUTICAL PRICING PHARMACEUTICAL PRODUCTS PHARMACEUTICAL SECTOR PHARMACEUTICAL TREATMENTS PHARMACEUTICALS INDUSTRY PHARMACOECONOMICS PHARMACY PRICE CHANGE PRICE COMPETITION PRICE CONTROL PRICE CONTROLS PRICE INCREASE PRICE INCREASES PRICING POLICY PROCUREMENT PRODUCTION PROCESS PUBLIC HEALTH PURCHASING R&D RESEARCH INVESTMENT RESULT RESULTS RETAIL RETAIL SALES RETENTION SALES SEDATIVES SUBSTITUTES SUBSTITUTION SUPPLIER TABLETS TECHNICAL COOPERATION TECHNOLOGICAL INNOVATION TECHNOLOGY TRANSFERS TIME PERIOD TOTAL SALES TRADEMARKS USES VACCINES WEB WORLD TRADE The enforcement of stringent intellectual property rights in the pharmaceutical sector of developing countries generates considerable controversy, due to both the extensive research investment and the public policy importance of this sector. This paper explores the likely effects of enforcing product patents on prices and utilization of drugs in the Central Nervous System market in India. The Central Nervous System segment is the second largest therapeutic category in terms of retail sales in the world and is one of the fastest growing segments in India. Using information on product patents granted by the government and panel data on pharmaceutical prices and utilization from 2003-2008, the paper finds limited evidence of overall price increase following the introduction of product patents. However, there appear to be heterogeneous effects on prices by the type of product patent granted on drugs, implying the need for a careful examination of the product patent portfolio. 2012-06-29T21:18:53Z 2012-06-29T21:18:53Z 2012-05 http://documents.worldbank.org/curated/en/2012/05/16258614/pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india-pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india http://hdl.handle.net/10986/9342 English Policy Research Working Paper; No. 6063 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO PHARMACEUTICALS
ACTIVE INGREDIENTS
ADVERTISING
ANALGESICS
ANTIBIOTICS
AUDITS
AVERAGE PRICE
AVERAGE PRICES
BRAND
BRAND NAME
BRANDS
CAPSULES
CHEMISTS
COMBINATION DRUGS
COPYRIGHTS
DELIVERY SYSTEMS
DOSAGE FORMS
DRUG PRICES
DRUGS
GOVERNMENT POLICY
HEALTH CARE
HOSPITALS
IMPORTED DRUGS
INFORMATION ON PRODUCT
INFRINGEMENT
INNOVATIONS
INTELLECTUAL PROPERTY
INTELLECTUAL PROPERTY PROTECTION
INTELLECTUAL PROPERTY RIGHTS
INVENTION
INVENTIONS
JOINT VENTURES
LAWS
LEGAL PROTECTION
LICENSE
LICENSES
LICENSING
MANUFACTURING
MARGINAL COSTS
MARKET ENTRY
MARKET POWER
MARKET RESEARCH
MARKET RESEARCH FIRM
MARKET STRUCTURE
MARKETING
MARKETING STRATEGIES
MATERIAL
MEDICINE
OPEN ACCESS
PATENT
PATENT ACT
PATENT APPLICATION
PATENT APPLICATIONS
PATENT LAW
PATENT LAWS
PATENT LEGISLATION
PATENT OFFICES
PATENT POLICIES
PATENT PROTECTION
PATENT REFORM
PATENT RIGHTS
PATENT SYSTEMS
PATENT TERM
PATENTABILITY
PATENTED PRODUCTS
PERSONAL COMMUNICATION
PHARMACEUTICAL
PHARMACEUTICAL INDUSTRY
PHARMACEUTICAL LAW
PHARMACEUTICAL MANUFACTURERS
PHARMACEUTICAL PATENTS
PHARMACEUTICAL PRICES
PHARMACEUTICAL PRICING
PHARMACEUTICAL PRODUCTS
PHARMACEUTICAL SECTOR
PHARMACEUTICAL TREATMENTS
PHARMACEUTICALS INDUSTRY
PHARMACOECONOMICS
PHARMACY
PRICE CHANGE
PRICE COMPETITION
PRICE CONTROL
PRICE CONTROLS
PRICE INCREASE
PRICE INCREASES
PRICING POLICY
PROCUREMENT
PRODUCTION PROCESS
PUBLIC HEALTH
PURCHASING
R&D
RESEARCH INVESTMENT
RESULT
RESULTS
RETAIL
RETAIL SALES
RETENTION
SALES
SEDATIVES
SUBSTITUTES
SUBSTITUTION
SUPPLIER
TABLETS
TECHNICAL COOPERATION
TECHNOLOGICAL INNOVATION
TECHNOLOGY TRANSFERS
TIME PERIOD
TOTAL SALES
TRADEMARKS
USES
VACCINES
WEB
WORLD TRADE
spellingShingle ACCESS TO PHARMACEUTICALS
ACTIVE INGREDIENTS
ADVERTISING
ANALGESICS
ANTIBIOTICS
AUDITS
AVERAGE PRICE
AVERAGE PRICES
BRAND
BRAND NAME
BRANDS
CAPSULES
CHEMISTS
COMBINATION DRUGS
COPYRIGHTS
DELIVERY SYSTEMS
DOSAGE FORMS
DRUG PRICES
DRUGS
GOVERNMENT POLICY
HEALTH CARE
HOSPITALS
IMPORTED DRUGS
INFORMATION ON PRODUCT
INFRINGEMENT
INNOVATIONS
INTELLECTUAL PROPERTY
INTELLECTUAL PROPERTY PROTECTION
INTELLECTUAL PROPERTY RIGHTS
INVENTION
INVENTIONS
JOINT VENTURES
LAWS
LEGAL PROTECTION
LICENSE
LICENSES
LICENSING
MANUFACTURING
MARGINAL COSTS
MARKET ENTRY
MARKET POWER
MARKET RESEARCH
MARKET RESEARCH FIRM
MARKET STRUCTURE
MARKETING
MARKETING STRATEGIES
MATERIAL
MEDICINE
OPEN ACCESS
PATENT
PATENT ACT
PATENT APPLICATION
PATENT APPLICATIONS
PATENT LAW
PATENT LAWS
PATENT LEGISLATION
PATENT OFFICES
PATENT POLICIES
PATENT PROTECTION
PATENT REFORM
PATENT RIGHTS
PATENT SYSTEMS
PATENT TERM
PATENTABILITY
PATENTED PRODUCTS
PERSONAL COMMUNICATION
PHARMACEUTICAL
PHARMACEUTICAL INDUSTRY
PHARMACEUTICAL LAW
PHARMACEUTICAL MANUFACTURERS
PHARMACEUTICAL PATENTS
PHARMACEUTICAL PRICES
PHARMACEUTICAL PRICING
PHARMACEUTICAL PRODUCTS
PHARMACEUTICAL SECTOR
PHARMACEUTICAL TREATMENTS
PHARMACEUTICALS INDUSTRY
PHARMACOECONOMICS
PHARMACY
PRICE CHANGE
PRICE COMPETITION
PRICE CONTROL
PRICE CONTROLS
PRICE INCREASE
PRICE INCREASES
PRICING POLICY
PROCUREMENT
PRODUCTION PROCESS
PUBLIC HEALTH
PURCHASING
R&D
RESEARCH INVESTMENT
RESULT
RESULTS
RETAIL
RETAIL SALES
RETENTION
SALES
SEDATIVES
SUBSTITUTES
SUBSTITUTION
SUPPLIER
TABLETS
TECHNICAL COOPERATION
TECHNOLOGICAL INNOVATION
TECHNOLOGY TRANSFERS
TIME PERIOD
TOTAL SALES
TRADEMARKS
USES
VACCINES
WEB
WORLD TRADE
Duggan, Mark
Goyal, Aparajita
Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
geographic_facet South Asia
India
relation Policy Research Working Paper; No. 6063
description The enforcement of stringent intellectual property rights in the pharmaceutical sector of developing countries generates considerable controversy, due to both the extensive research investment and the public policy importance of this sector. This paper explores the likely effects of enforcing product patents on prices and utilization of drugs in the Central Nervous System market in India. The Central Nervous System segment is the second largest therapeutic category in terms of retail sales in the world and is one of the fastest growing segments in India. Using information on product patents granted by the government and panel data on pharmaceutical prices and utilization from 2003-2008, the paper finds limited evidence of overall price increase following the introduction of product patents. However, there appear to be heterogeneous effects on prices by the type of product patent granted on drugs, implying the need for a careful examination of the product patent portfolio.
format Publications & Research :: Policy Research Working Paper
author Duggan, Mark
Goyal, Aparajita
author_facet Duggan, Mark
Goyal, Aparajita
author_sort Duggan, Mark
title Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
title_short Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
title_full Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
title_fullStr Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
title_full_unstemmed Pharmaceutical Patents and Prices : A Preliminary Empirical Assessment Using Data from India
title_sort pharmaceutical patents and prices : a preliminary empirical assessment using data from india
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2012/05/16258614/pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india-pharmaceutical-patents-prices-preliminary-empirical-assessment-using-data-india
http://hdl.handle.net/10986/9342
_version_ 1764409201985060864