Pricing in the Market for Anticancer Drugs

David H. Howard, Peter B. Bach, Ernst R. Berndt, Rena M. Conti
2015 Journal of Economic Perspectives  
Questions • Have the benefit-adjusted launch prices of anticancer drugs increased over time? • If so, why? Outline • The market for anticancer drugs: not a competitive market • Data on pricing trends: prices are going up, not related to benefits • Speculative theories on pricing behavior: reference price models of demand and growth of discounts.
doi:10.1257/jep.29.1.139 fatcat:riz55yaa7nfcfpiwxxkgckxeom