Medicare price negotiation and pharmaceutical innovation following the inflation reduction act

M Vogel, P Kakani, A Chandra, RM Conti - Nature Biotechnology, 2024 - nature.com
Abstract The Inflation Reduction Act (IRA) requires Medicare to negotiate lower prices for
some medicines with high Medicare spending. Using historical data from public and …

Common ownership and innovation efficiency

X Li, T Liu, LA Taylor - Journal of financial economics, 2023 - Elsevier
How does common ownership affect innovation? We study this question using project-level
data on pharmaceutical startups and their venture capital (VC) investors. We find that …

Information disclosure and competitive dynamics: Evidence from the pharmaceutical industry

J Kao - Management Science, 2024 - pubsonline.informs.org
This paper studies how competitive dynamics shape innovative firms' voluntary disclosure of
product quality information. Our empirical context is the pharmaceutical industry, where firms …

Cutting the innovation engine: how federal funding shocks affect university patenting, entrepreneurship, and publications

T Babina, AX He, ST Howell… - The Quarterly Journal …, 2023 - academic.oup.com
This article studies how federal funding affects the innovation outputs of university
researchers. We link person-level research grants from 22 universities to patents …

Planning progress: Incorporating innovation and structural change into models of economic planning

N Rochowicz - Competition & Change, 2024 - journals.sagepub.com
This paper addresses the challenge of incorporating innovation and structural change in
models of economic planning. Previous approaches to economic planning have mostly …

Division of labor in R&D? Firm size and specialization in corporate research

A Becker, H Hottenrott, A Mukherjee - Journal of Economic Behavior & …, 2022 - Elsevier
Corporate research and development constitutes one of the main sources of innovation.
Recent research, however, discusses a decline in corporate research and its implications for …

Manual versus machine: How accurately does the Medical Text Indexer (MTI) classify different document types into disease areas?

DAQ Moore, O Yaqub, BN Sampat - Plos one, 2024 - journals.plos.org
The Medical Subject Headings (MeSH) thesaurus is a controlled vocabulary developed by
the US National Library of Medicine (NLM) for classifying journal articles. It is increasingly …

[PDF][PDF] Manual versus machine: An evaluation of the performance of the Medical Text Indexer (MTI) at classifying different document types by disease area

DAQ Moore, O Yaqub, BN Sampat - 2023 - files.osf.io
The Medical Subject Headings (MeSH) thesaurus, a controlled vocabulary, is increasingly
being used by those who study research and innovation. While classification was once …

Implications of the Inflation Reduction Act for the biotechnology industry; sensitivity of investment and valuation to drug price indices and market conditions

C Hyman, H Dao, G Vaughan… - Institute for New Economic …, 2024 - papers.ssrn.com
Abstract The Inflation Reduction Act of 2022 contains landmark provisions authorizing the
government to negotiate the price of selected drugs covered by Medicare Part D. The …

Research and market structure: Evidence from an antibiotic-resistant pathogenic outbreak

M Aggarwal, AS Chakrabarti, C Chatterjee, MJ Higgins - Research Policy, 2023 - Elsevier
We provide causal evidence that upstream research shocks impact unconnected
downstream product markets. Focusing on the Indian pharmaceutical market, we use a …