Optimal Patent Policy for Pharmaceutical Industry

Autor:	Tuomas Takalo, Tanja Saxell, Olena Izhak
Rok vydání:	2020
Předmět:	Scope (project management) business.industry media_common.quotation_subject Duration (project management) Paragraph Imitation business Industrial organization media_common Pharmaceutical industry
Zdroj:	SSRN Electronic Journal.
ISSN:	1556-5068
DOI:	10.2139/ssrn.3609863
Popis:	We show how characterizing optimal patent policy for the pharmaceutical industry only requires information about generic producers' responses to changes in the effective duration and scope of new drug patents. To estimate these responses, we use data on Paragraph IV patent challenges, and two quasi-experimental approaches: one based on changes in patent laws and another on the allocation of patent applications to examiners. We find that extending effective patent duration increases generic entry via Paragraph IV patent challenges whereas broadening protection reduces it. Our results imply that pharmaceutical patents should be made shorter but broader.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e325735c23841b19bc2d5b1e34a12b5c https://doi.org/10.2139/ssrn.3609863 Zobrazit plný text záznamu