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Effects of profit-reducing policies on firm survival, financial performance, and new drug introductions in the research-based pharmaceutical industry

Article Abstract:

The implications of a pharmaceutical company's financial policy and research and development (R&D) on R&D costs are computed using a new model. Results show that reducing profitability is significant in economic performance, survival and new product development of the firm, although it may remain unnoticed by consumers. Profit reduction in new and small pharmaceutical companies is examined.

Author: Filson, Darren, Masia, Neal
Publisher: John Wiley & Sons, Inc.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
Product development, Sales & consumption, Economic aspects, Pharmaceutical industry, Industry sales and revenue

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Determinants of drug prices and expenditures

Article Abstract:

Analyzing the flow of money and products in the pharmaceutical industry is different in other industries owing to the presence of intermediaries and subscribers. Spending on drug research and development is related to increase in drug prices, that when spending increases, the prise also rises. The impacts of price controls in the pharmaceutical industry are also discussed.

Author: Comanor, William S., Schweitzer, Stuart O.
Publisher: John Wiley & Sons, Inc.
Publication Name: Managerial & Decision Economics
Subject: Economics
ISSN: 0143-6570
Year: 2007
General services, Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Marketing procedures, Research Findings, Pharmaceutical Preparation Manufacturing, Commodity & service prices, Drugs, Pharmaceutical Preparations, Metabolic Agents NEC, Metabolic Agents, Purchasing, Prices and rates, Marketing research, Company pricing policy, Market research

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Subjects list: United States, Finance, Research and development, Industrial research, Company financing, Report
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