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How important is patient brand loyalty in the uptake of generic drugs?

Costa Font, Joan, Rudisill, Caroline and Stefanie, Tan (2014) How important is patient brand loyalty in the uptake of generic drugs? LSE Health and Social Care (20 Mar 2014). Blog Entry.

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Abstract

Many western countries have developed policies to promote the substitution of branded ‘originator’ drugs with generic drugs, with the aim of containing pharmaceutical costs. However, success has been patchy and in some countries the phenomenon of the ‘generics paradox’ has been observed, where manufacturers are able to increase the prices of branded drugs after the market has been opened to generics. Using data from Spain, our study explored the extent to which the brand loyalty of patients – as opposed to their doctors or health insurers – plays a part in keeping the market penetration of generic drugs at a low level. Its findings suggest that the uptake of generics could be increased through targeted education and information on the identical properties of generics and the branded drugs they are intended to replace.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/healthandsocialcare/
Additional Information: © 2014 The Authors; Online
Divisions: LSE
Subjects: H Social Sciences > HV Social pathology. Social and public welfare. Criminology
R Medicine > R Medicine (General)
R Medicine > RS Pharmacy and materia medica
Sets: Collections > Health and Social Care at LSE Blog
Date Deposited: 17 May 2017 14:10
Last Modified: 20 Feb 2019 15:34
URI: http://eprints.lse.ac.uk/id/eprint/77488

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