79076 - ECONOMICS OF THE BIOPHARMACEUTICAL INDUSTRY

Scheda insegnamento

Anno Accademico 2018/2019

Conoscenze e abilità da conseguire

The course aims at providing student with an advanced knowledge on the economics & regulation of the biopharmaceuticals market. Biopharmaceutical markets are regulated in most countries. The objective of regulation is to assure consumers that the inputs into the health production function are of sufficiently high quality, and are made available at reasonable social costs. Regulation typically consists of some combination of different tools like regulation of market access and product safety, patent protection, pricing regulation and regulation of promotion. At the end of the course the student is aware of: • Technological characteristics of the pharmaceutical sector and the objectives of regulation. • Pharmaceuticals' R&D and productivity • The economics of pharmaceutical patenting: patent extension policy, generic entry, extension of patent to developing countries. • Regulation of pricing and profitability. • Regulation of pharmaceutical promotion and DTCA.

Programma/Contenuti

• Technological characteristics of the pharmaceutical sector and the objectives of regulation.

• Pharmaceuticals' R&D and productivity

• The economics of pharmaceutical patenting: patent extension policy, generic entry, extension of patent to developing countries.

• Regulation of pricing and profitability.

• Regulation of pharmaceutical promotion and DTCA.

• Issues on drugs for developing countries

• Evaluation of drugs

Testi/Bibliografia

Danzon and Nicholson (eds), The Oxford Handbook of the Economics of the Biopharmaceutical Industry, Oxford University Press, 2012.

Scott Morton and Kyle, 2012, "Markets for Pharmaceutical Products", in Pauly, Mcguire and Barros (eds), Handbook of Health Economics, Volume 2, Elsevier.

Sloan FA and Hsieh C-R, 2012, Health Economics, MIT Press, Cambridge, Massachussets.

Bhattacharya J, Hyde T and Tu P, 2014, Health Economics, Palgrave McMillan.

Additional reading will be given during the course from the following: Journal of Health Economics, Journal of Economic Perspectives, New England Journal of Medicine, Health Affairs, ....

Metodi didattici

Lectures and seminars.

During the classes students will be asked to give short presentations on assigned papers. Each presentation will be followed by class discussion.

Modalità di verifica dell'apprendimento

Grades are expressed on a 18-30 scale. Grades below 18 are a FAIL.

The assessment will combine: A) Presentation (15 minutes) of an assigned reading, B) Written exam (60 minutes), C) attendance and class participation

A) will be determined at the end of the classes. Retakes might affect your final grade only via B).

Details on the grading system will be provided at the beginning of the classes.

Grades are registered under ALMAESAMI: https://almaesami.unibo.it/almaesami/welcome.htm

Strumenti a supporto della didattica

We will use Unibo e-learning platform for remote downloading of teaching materials and uploading of assigned presentations.

The access to platform will be restricted. Details on how to access the remote learning platform will be provided at the beginning of the course.

Link ad altre eventuali informazioni

https://sites.google.com/site/d66fabbri/

Orario di ricevimento

Consulta il sito web di Daniele Fabbri