Bargaining and International Reference Pricing in the Pharmaceutical Industry
Ashvin Gandhi, University of California, Los Angeles
Jan 01, 2020 - Dec 31, 2020
Summary of the Project:
This study will develop and estimate a structural model of bargaining and pricing for pharmaceuticals in order to assess how adoption of an international reference pricing policy by the U.S. would likely affect equilibrium prices in the U.S. and in referenced countries. The modeling approach will consider the impact of possible retaliatory pricing policies in referenced countries and the dynamic impacts on generic entry.