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Substitution laws and innovation in the pharmaceutical industry.
The pharmaceutical industry has been among the most innovative while being one of the most highly regulated industries in the United States. Government regulation of pharmaceutical product quality started in 19061 and has ...
Estimating the Effects of Regulation on Innovation: An International Comparative Analysis of the Pharmaceutical Industry
INNOVATION in the U.S. ethical drug industry in recent years has been characterized by a number of adverse developments. In particular, there has been a sharp decline in the rate of new product introductions and the incentive ...