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- W20587923 abstract "This chapter examines the effect of the Patent Act on the availability of an essential drug in developing countries. Price discrimination by a Multinational Corporation (MNC) alleviates the problem of non-availability of the drug in a developing country compared to a uniform pricing strategy. Incorporating an upstream-downstream structure, we show that in the presence of parallel trade the MNC can earn a higher profit by serving both the developed and developing countries than by confining its operations in the developed country. Also allowing parallel trade instead of restraining it results in a higher profit to the MNC." @default.
- W20587923 created "2016-06-24" @default.
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- W20587923 date "2012-07-21" @default.
- W20587923 modified "2023-09-24" @default.
- W20587923 title "The Problem of Availability of Patented Drugs Due to Product Patent and Parallel Trade: A Theoretical Approach" @default.
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- W20587923 doi "https://doi.org/10.1007/978-3-7908-2876-4_7" @default.
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