1424: Strategic Patenting, Innovation and Competition in Pharmaceuticals (13855)

Organizer(s)

• JM

  John McKeon

  Boston U. Questrom School of Business, United States
• FP

  Felix Poege

  Bocconi U., Italy

Presenter(s)

• JK

  Jennifer Kao

  UCLA Anderson School of Management, United States
• JF

  Josh Feng

  U. of Utah, David Eccles School of Business, United States
• LW

  Lucy Xiaolu Wang

  Assistant Professor at UMass Amherst, United States

Discussant(s)

• SW

  Stefan Wagner

  ESMT Berlin, Germany
• DH

  David Hsu

  The Wharton School, U. of Pennsylvania, United States

The pharmaceutical industry is one of the most significant sectors in the economy -- both in terms of economic impact and welfare implications due to health outcomes. Further, unique attributes of the industry and available data allow for robust empirical studies of strategy and innovation questions that are difficult to observe in many settings. This symposium showcases papers that study the implications of pharmaceutical M&A and IPOs on drug pricing and innovation as well as the link between competition and strategic patenting of pharmaceutical firms.

Presentations:

• 11:30 – 13:00 CT (GMT-5/UTC-5)

  1424: Mergers that Matter: The Impact of M&A Activity in Prescription Drug Markets (13855)
  

  Author: Josh Feng – U. of Utah, David Eccles School of Business

  Author: Thomas Hwang – Harvard Medical School

  Author: Yunjuan Liu – U. of North Carolina, Chapel Hill

  Author: Luca Maini – U. of North Carolina, Chapel Hill
• 11:30 – 13:00 CT (GMT-5/UTC-5)

  1424: Does going public affect pharmaceutical innovation? Evidence from clinical trials (13855)
  

  Author: Jennifer Kao – UCLA Anderson School of Management

  Author: Charu Gupta – UCLA Anderson School of Management
• 11:30 – 13:00 CT (GMT-5/UTC-5)

  1424: Marketing Authorization and Strategic Patenting: Evidence from Pharmaceuticals (13855)
  

  Author: Dennis Byrski – Max Planck Institute for Innovation and Competition

  Author: Lucy Xiaolu Wang – Assistant Professor at UMass Amherst
• 11:30 – 13:00 CT (GMT-5/UTC-5)

  1424: Valuing Pharmaceutical Patent Thickets (13855)
  

  Author: John McKeon – Boston U. Questrom School of Business

  Author: Felix Poege – Bocconi U.

  Author: Tim Simcoe – Boston U.