Pharmaceutical companies can expect to earn large profits, Ask an Expert

Management Studies

Pharmaceutical companies can expect to earn large profits from blockbuster drugs (for high blood pressure, depression, ulcers, allergies, sexual dysfunction) while under paten protection. Upon patent expiration, numerous rival drug companies offer generic versions of the drug to consumers. (The original continues to market the drug under its trade name and usually offers a second generic version of the drug as well.) Discuss the effect of patent expiration on market structure, pricing, and profitability for the drug.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92589520

Have any Question?Write your Review or question?

Related Questions in Operation Management

Provide a response to the discussion below responses are

Provide a response to the discussion below. (Responses are thought-provoking, clearly supported, and further build a positive contribution to the discussion.) Threat of new entrants The threat of new entrants in The Vita ...

1 what is your opinion or thoughts on this question below i

1. What is your opinion or thoughts on this question below? I need a 350 word summary of a body and references. 2. What role does Organizational effectiveness is linked to how much employees are involved in the organizat ...

Please respond to only one 1 of the followingread the

Please respond to ONLY one (1) of the following: Read the article titled "Multilevel Readiness to Organizational Change: A Conceptual Approach". Give your opinion on which two (2) means of diagnosing change are most rele ...

Businesses of every size organize data records into

Businesses of every size organize data records into collections called databases. The purpose of a database is to keep track of things. At one extreme, small businesses use databases to keep track of customers; at the ot ...

How do reed pagattaro cahoy shedd and magid 2015 explain

How do Reed, Pagattaro, Cahoy, Shedd, and Magid (2015) explain duty of care as it relates to the unintentional tort, negligence, discussed in chapter 10 and the ethical theories discussed in chapter 2? Along the same lin ...

Calculate the unweighted average and identify the median

Calculate the unweighted average and identify the median for the following company's wages. also calculate the weighted average for both companies wages together. Company a. 8.00 8.15 8.25 9.00 8.00 Company b 8.25 10.00 ...

1 the federal trade commission regulates advertising on the

1. The Federal Trade Commission regulates advertising on the basis of two criteria: deception and unfairness. How can an ad be unfair? Who gets hurt by deceptive advertising? Please list as many ethical issues as you can ...

Think about an advertisement in any medium that had either

Think about an advertisement (in any medium) that had either a strongly positive or strongly negative effect on your attitude toward the product being advertised or the advertiser itself. Why did the ad have this effect? ...

1 in your own words write an introduction and conclusion

1. In your own words, write an introduction and conclusion, talking about informational privacy in business. The topics discussed within the intro and conclusion: is privacy good in business, and how the three models (la ...

1 describe how your academic experiences have benefitted

1. Describe how your academic experiences have benefitted you. 2. What is your definition of a Student Ambassador at University of North Carolina at Chapel Hill? Explain briefly why you are interested in becoming a Stude ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert