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Ole Isacson: Development of New Therapies for Parkinson's Disease
Published on: April 29, 2007
Perspectives on the pharmaceutical industry
1Princeton University, USA.
Abstract:
This paper seeks to provide an economic perspective on the pharmaceutical industry, which has come under increasing criticism on a number of issues. In the main, that criticism amounts to a rather ineffective flailing at the supply side of the market for pharmaceutical products-much of it based on inaccurate perceptions-when a more productive policy would be to strengthen the hitherto weak and poorly informed demand side of the market.
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