{"id":"https://openalex.org/W2050670141","doi":"https://doi.org/10.1162/003465398557212","title":"Strategic Pricing of New Pharmaceuticals","display_name":"Strategic Pricing of New Pharmaceuticals","publication_year":1998,"publication_date":"1998-02-01","ids":{"openalex":"https://openalex.org/W2050670141","doi":"https://doi.org/10.1162/003465398557212","mag":"2050670141"},"language":"en","primary_location":{"id":"doi:10.1162/003465398557212","doi":"https://doi.org/10.1162/003465398557212","is_oa":false,"landing_page_url":"https://doi.org/10.1162/003465398557212","pdf_url":null,"source":{"id":"https://openalex.org/S180061323","display_name":"The Review of Economics and Statistics","issn_l":"0034-6535","issn":["0034-6535","1530-9142"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315718","host_organization_name":"The MIT Press","host_organization_lineage":["https://openalex.org/P4310315718","https://openalex.org/P4310316440"],"host_organization_lineage_names":["The MIT Press","Massachusetts Institute of Technology"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Economics and Statistics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5036811836","display_name":"Zhanni Lu","orcid":"https://orcid.org/0000-0001-9957-3527","observed_orcids":["https://orcid.org/0000-0001-9957-3527"]},"institutions":[{"id":"https://openalex.org/I1320553840","display_name":"Amgen (United States)","ror":"https://ror.org/03g03ge92","country_code":"US","type":"company","lineage":["https://openalex.org/I1320553840"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Z. John Lu","raw_affiliation_strings":["Amgen, Inc"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Amgen, Inc","institution_ids":["https://openalex.org/I1320553840"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5020498828","display_name":"William S. Comanor","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I2803209242","display_name":"University of California System","ror":"https://ror.org/00pjdza24","country_code":"US","type":"education","lineage":["https://openalex.org/I2803209242"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William S. Comanor","raw_affiliation_strings":["University of California"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of California","institution_ids":["https://openalex.org/I2803209242"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":7.659,"has_fulltext":false,"cited_by_count":251,"citation_normalized_percentile":{"value":0.96802408,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":92,"max":100},"biblio":{"volume":"80","issue":"1","first_page":"108","last_page":"118"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11792","display_name":"Pharmaceutical Economics and Policy","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11792","display_name":"Pharmaceutical Economics and Policy","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10391","display_name":"Healthcare Policy and Management","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/drug-pricing","display_name":"drug pricing","score":0.7979999780654907},{"id":"https://openalex.org/keywords/competitive-pressure","display_name":"competitive pressure","score":0.7799999713897705},{"id":"https://openalex.org/keywords/drug-market-competition","display_name":"drug market competition","score":0.5009999871253967},{"id":"https://openalex.org/keywords/price-determinants","display_name":"price determinants","score":0.5289999842643738}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.540192723274231},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5330145955085754},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.4955493211746216},{"id":"https://openalex.org/C2780193402","wikidata":"https://www.wikidata.org/wiki/Q3394670","display_name":"Pricing strategies","level":2,"score":0.4952651560306549},{"id":"https://openalex.org/C2910862244","wikidata":"https://www.wikidata.org/wiki/Q7240896","display_name":"Drug prices","level":2,"score":0.47922924160957336},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4443516731262207},{"id":"https://openalex.org/C2779652045","wikidata":"https://www.wikidata.org/wiki/Q507443","display_name":"Pharmaceutical industry","level":2,"score":0.440641313791275},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.3418937921524048},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.30653253197669983},{"id":"https://openalex.org/C150903083","wikidata":"https://www.wikidata.org/wiki/Q7108","display_name":"Biotechnology","level":1,"score":0.11731544137001038},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1162/003465398557212","doi":"https://doi.org/10.1162/003465398557212","is_oa":false,"landing_page_url":"https://doi.org/10.1162/003465398557212","pdf_url":null,"source":{"id":"https://openalex.org/S180061323","display_name":"The Review of Economics and Statistics","issn_l":"0034-6535","issn":["0034-6535","1530-9142"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315718","host_organization_name":"The MIT Press","host_organization_lineage":["https://openalex.org/P4310315718","https://openalex.org/P4310316440"],"host_organization_lineage_names":["The MIT Press","Massachusetts Institute of Technology"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Economics and Statistics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:tpr:restat:v:80:y:1998:i:1:p:108-118","doi":null,"is_oa":false,"landing_page_url":"http://www.mitpressjournals.org/doi/pdf/10.1162/003465398557212","pdf_url":"http://www.mitpressjournals.org/doi/pdf/10.1162/003465398557212","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":29,"referenced_works":["https://openalex.org/W104057805","https://openalex.org/W176151869","https://openalex.org/W620983102","https://openalex.org/W623029645","https://openalex.org/W1490235187","https://openalex.org/W1513281941","https://openalex.org/W1517211427","https://openalex.org/W1521309325","https://openalex.org/W1570570810","https://openalex.org/W1598403245","https://openalex.org/W1979596248","https://openalex.org/W2003886245","https://openalex.org/W2007927184","https://openalex.org/W2027127607","https://openalex.org/W2052750388","https://openalex.org/W2055914327","https://openalex.org/W2069191704","https://openalex.org/W2090560554","https://openalex.org/W2110813871","https://openalex.org/W2130067743","https://openalex.org/W2265720734","https://openalex.org/W2341172536","https://openalex.org/W2883035394","https://openalex.org/W2890145044","https://openalex.org/W2910516512","https://openalex.org/W4213183334","https://openalex.org/W4232880502","https://openalex.org/W4253543067","https://openalex.org/W4286779346"],"related_works":["https://openalex.org/W1794187483","https://openalex.org/W3209289412","https://openalex.org/W1982069685","https://openalex.org/W623218841","https://openalex.org/W7097670132","https://openalex.org/W2964940622","https://openalex.org/W3025289681","https://openalex.org/W2043466819","https://openalex.org/W7113142789","https://openalex.org/W2096350849"],"abstract_inverted_index":{"This":[0],"paper":[1],"provides":[2],"empirical":[3],"evidence":[4],"on":[5,91],"the":[6,10,28,59,67,81,96],"leading":[7],"factors":[8],"affecting":[9],"prices":[11,46],"of":[12,30,54,69,83,98],"new":[13,36],"pharmaceuticals,":[14],"both":[15],"at":[16,76],"introduction":[17],"and":[18,22],"after":[19],"4,":[20],"6,":[21],"8":[23],"years.":[24],"Most":[25],"important":[26,42,106],"is":[27],"extent":[29],"therapeutic":[31,43],"advance":[32],"embodied":[33],"in":[34,109],"a":[35,87],"product.":[37],"For":[38],"drugs":[39,56,63],"which":[40,94],"represent":[41],"gains,":[44],"launch":[45,92],"can":[47],"be":[48],"two":[49],"or":[50],"three":[51],"times":[52],"those":[53],"existing":[55],"used":[57],"for":[58],"same":[60],"purposes,":[61],"while":[62],"that":[64],"largely":[65],"duplicate":[66],"actions":[68],"currently":[70],"available":[71],"products":[72,102],"are":[73],"typically":[74],"priced":[75],"comparable":[77],"levels.":[78],"In":[79],"addition,":[80],"number":[82],"branded":[84],"substitutes":[85],"has":[86],"substantial":[88],"negative":[89],"effect":[90],"prices,":[93],"reflects":[95],"importance":[97],"competitive":[99],"pressures.":[100],"Duplicate":[101],"thereby":[103],"play":[104],"an":[105],"economic":[107],"role":[108],"pharmaceutical":[110],"markets.":[111]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":9},{"year":2019,"cited_by_count":11},{"year":2018,"cited_by_count":8},{"year":2017,"cited_by_count":9},{"year":2016,"cited_by_count":9},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":13},{"year":2013,"cited_by_count":16},{"year":2012,"cited_by_count":15}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
