more lit review work

claude_rewrite
will king 2 years ago
parent cee8149106
commit f9ac1c65e1

@ -104,6 +104,10 @@ They find that when Medicare part D was implemented -- increasing senior
citizens' ability to pay for drugs -- there was a (delayed) increase
in drug development, with effects concentrated among compounds that were least
innovative according to their classification of innovations.
They suggest that this is due to financial risk management, as novel
pharmaceuticals have a higher probability of failure compared to the less novel
follow up development.
This is what leads risk-adverse companies to prefer follow up development.
% Acemoglu and Linn
@ -124,12 +128,25 @@ Among non-generics, a 1\% increase in potential market size
\cite{gupta_OneProduct_2020} discovered that uncertainty around which patents
might apply to a novel drug causes a delay in the entry of generics after
the primary patent has expired.
She found that this delay averages around 3 years.
She found that this delay in delivery is around 3 years.
% Agarwal and Gaule 2022
% - Retrospective on impact from COVID-19 pandemic
% Not in this version
%DiMasi FeldmanSeckler Wilson 2009
\cite{dimasi_TrendsRisks_2010} examine the completion rate of clinical drug
develompent and find that for the 50 largest drug producers,
approximately X\% of their drugs under developm
successfully completed the process.
They note a couple of changes in how drugs are developed over the years they
study (clinical development started between 1993 and 2004).
This included that drugs began to fail earlier in their development cycle in the
latter half of the time they studied.
This may be an operational change to reduce the cost of new drugs.
\cite{dimasi_ValueImproving_2002}
used data on 68 investigational drugs from 10 firms to simulate how reducing
time in development adds to the
\end{document}

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