Reference pricing in the presence of pseudo-generics

Detalhes bibliográficos
Autor(a) principal: Gonçalves, Ricardo
Data de Publicação: 2015
Outros Autores: Rodrigues, Vasco, Vasconcelos, Hélder
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.14/20314
Resumo: This paper looks at producers of branded and generic pharmaceuticals’ pricing decisions under two possible reimbursement schemes—reference pricing and fixed percentage reimbursement—and under two settings—one where the branded producer only sells the (off-patent) branded pharmaceutical and another where, in addition, it may also sell its own generic version, a so called pseudo-generic. We find different pricing responses from firms under the two reimbursement schemes and across the two settings analysed (with or without a pseudo-generic), and show that pseudo-generics may have an anticompetitive effect. Our results have important policy implications such as showing that the presence of pseudogenerics reinforces reference pricing’s advantages over alternative reimbursement schemes
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spelling Reference pricing in the presence of pseudo-genericsPseudo-genericReference pricingReimbursement schemesThis paper looks at producers of branded and generic pharmaceuticals’ pricing decisions under two possible reimbursement schemes—reference pricing and fixed percentage reimbursement—and under two settings—one where the branded producer only sells the (off-patent) branded pharmaceutical and another where, in addition, it may also sell its own generic version, a so called pseudo-generic. We find different pricing responses from firms under the two reimbursement schemes and across the two settings analysed (with or without a pseudo-generic), and show that pseudo-generics may have an anticompetitive effect. Our results have important policy implications such as showing that the presence of pseudogenerics reinforces reference pricing’s advantages over alternative reimbursement schemesSpringerVeritati - Repositório Institucional da Universidade Católica PortuguesaGonçalves, RicardoRodrigues, VascoVasconcelos, Hélder2016-06-28T13:24:05Z20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/20314engGONÇALVES, Ricardo; RODRIGUES, Vasco; VASCONCELOS, Hélder - Reference pricing in the presence of pseudo-generics. International Journal of Health Economics and Management. ISSN 2199-9023. Vol. 15 (2015), p.:281–3052199-902310.1007/s10754-015-9165-12199-90318497460679927878678000370901000001info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-02-06T01:35:37Zoai:repositorio.ucp.pt:10400.14/20314Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:16:07.332807Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Reference pricing in the presence of pseudo-generics
title Reference pricing in the presence of pseudo-generics
spellingShingle Reference pricing in the presence of pseudo-generics
Gonçalves, Ricardo
Pseudo-generic
Reference pricing
Reimbursement schemes
title_short Reference pricing in the presence of pseudo-generics
title_full Reference pricing in the presence of pseudo-generics
title_fullStr Reference pricing in the presence of pseudo-generics
title_full_unstemmed Reference pricing in the presence of pseudo-generics
title_sort Reference pricing in the presence of pseudo-generics
author Gonçalves, Ricardo
author_facet Gonçalves, Ricardo
Rodrigues, Vasco
Vasconcelos, Hélder
author_role author
author2 Rodrigues, Vasco
Vasconcelos, Hélder
author2_role author
author
dc.contributor.none.fl_str_mv Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Gonçalves, Ricardo
Rodrigues, Vasco
Vasconcelos, Hélder
dc.subject.por.fl_str_mv Pseudo-generic
Reference pricing
Reimbursement schemes
topic Pseudo-generic
Reference pricing
Reimbursement schemes
description This paper looks at producers of branded and generic pharmaceuticals’ pricing decisions under two possible reimbursement schemes—reference pricing and fixed percentage reimbursement—and under two settings—one where the branded producer only sells the (off-patent) branded pharmaceutical and another where, in addition, it may also sell its own generic version, a so called pseudo-generic. We find different pricing responses from firms under the two reimbursement schemes and across the two settings analysed (with or without a pseudo-generic), and show that pseudo-generics may have an anticompetitive effect. Our results have important policy implications such as showing that the presence of pseudogenerics reinforces reference pricing’s advantages over alternative reimbursement schemes
publishDate 2015
dc.date.none.fl_str_mv 2015
2015-01-01T00:00:00Z
2016-06-28T13:24:05Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.14/20314
url http://hdl.handle.net/10400.14/20314
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv GONÇALVES, Ricardo; RODRIGUES, Vasco; VASCONCELOS, Hélder - Reference pricing in the presence of pseudo-generics. International Journal of Health Economics and Management. ISSN 2199-9023. Vol. 15 (2015), p.:281–305
2199-9023
10.1007/s10754-015-9165-1
2199-9031
84974606799
27878678
000370901000001
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dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
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