• The Milbank quarterly · Sep 2017

    Comparative Study

    Comparing Generic Drug Markets in Europe and the United States: Prices, Volumes, and Spending.

    • Olivier J Wouters, Panos G Kanavos, and Martin McKEE.
    • London School of Economics and Political Science.
    • Milbank Q. 2017 Sep 1; 95 (3): 554-601.

    AbstractPolicy Points: Our study indicates that there are opportunities for cost savings in generic drug markets in Europe and the United States. Regulators should make it easier for generic drugs to reach the market. Regulators and payers should apply measures to stimulate price competition among generic drugmakers and to increase generic drug use. To meaningfully evaluate policy options, it is important to analyze historical context and understand why similar initiatives failed previously.© 2017 The Authors The Milbank Quarterly published by Wiley Periodicals, Inc. on behalf of The Millbank Memorial Fund.

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