The Economic Impact of Patent Law in Pharmaceutical Industry: Issue, Challenges and Benefits

Publication Information

Journal Title: Asia Pacific Law & Policy Review
Author(s): Dr. Sushma Singh & Neetu Jain
Published On: 08/12/2023
Volume: 9
First Page: 93
Last Page: 125
ISSN: 2581-4095
Publisher: The Law Brigade Publisher

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Dr. Sushma Singh & Neetu Jain, The Economic Impact of Patent Law in Pharmaceutical Industry: Issue, Challenges and Benefits, Volume 9, Asia Pacific Law & Policy Review, 93-125, Published on 08/12/2023, Available at https://aplpr.thelawbrigade.com/article/the-economic-impact-of-patent-law-in-pharmaceutical-industry-issue-challenges-and-benefits/

Abstract

The pharmaceutical industry occupies an unusually prominent position in discussions of IP policy and has been at the center of both domestic and international disputes over the interplay between IPRs, R&D incentives, price, and patient access. Despite the fervour of debate surrounding some key issues, there is comparatively little actual data to guide policy-making. This article reviews the empirical literature on intellectual property and pharmaceuticals, analyses methodological issues and important data sources, and outlines some of the most important research questions and knowledge gaps.

Keywords: IP Policy, IPRs, R&D, Pharmaceutical Industry, incentives, Price, Patient Access

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