Matches in SemOpenAlex for { <https://semopenalex.org/work/W2508045218> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W2508045218 abstract "High drug prices are creating serious health and fiscal problems in the United States today. This reality is vividly illustrated by recently approved medicines to treat Hepatitis C. These new medicines can cure nearly everyone with this potentially fatal infection and may even enable the elimination of this disease. But the drugs’ sticker price — close to $100,000 — has meant that very few patients who could benefit from them can access them. This Article describes an approach, available under existing law, to bring about transformative reductions in the prices of these medicines, at least for federal programs and possibly beyond. Under 28 U.S.C. § 1498, the U.S. government can buy generic versions of these medicines at less than 1% of their list price plus a reasonable royalty. This power has received almost no academic attention, despite the fact that it is regularly used by the government in other sectors, including defense. Indeed, though it has now been forgotten, the federal government relied on this provision numerous times to procure cheaper generic drugs in the 1960s. We recover this history and show how § 1498 can once again be used to increase access to life-saving medicines, addressing several important interpretive questions about the application of the provision along the way. We also offer the first sustained efficiency defense of this approach. This power, we show, can be analogized to the eminent domain power over land and similarly justified as a means to address hold out problems. We show that courts or agencies can fashion damages remedies that provide robust returns to investment, and so protect dynamic incentives while permitting radical improvements in static efficiency. Our remedy involves some risk, as do all policy innovations. But the status quo is so deeply dysfunctional — with millions of Americans unable to benefit from medicines that could halt the spread of a major disease — that the case for action is overwhelming." @default.
- W2508045218 created "2016-09-16" @default.
- W2508045218 creator A5003861362 @default.
- W2508045218 creator A5053188014 @default.
- W2508045218 creator A5053791465 @default.
- W2508045218 creator A5066314498 @default.
- W2508045218 date "2016-08-01" @default.
- W2508045218 modified "2023-09-28" @default.
- W2508045218 title "A Prescription for Excessive Drug Pricing: Leveraging Government Patent Use for Health" @default.
- W2508045218 hasPublicationYear "2016" @default.
- W2508045218 type Work @default.
- W2508045218 sameAs 2508045218 @default.
- W2508045218 citedByCount "0" @default.
- W2508045218 crossrefType "posted-content" @default.
- W2508045218 hasAuthorship W2508045218A5003861362 @default.
- W2508045218 hasAuthorship W2508045218A5053188014 @default.
- W2508045218 hasAuthorship W2508045218A5053791465 @default.
- W2508045218 hasAuthorship W2508045218A5066314498 @default.
- W2508045218 hasConcept C100001284 @default.
- W2508045218 hasConcept C10138342 @default.
- W2508045218 hasConcept C121332964 @default.
- W2508045218 hasConcept C138885662 @default.
- W2508045218 hasConcept C144133560 @default.
- W2508045218 hasConcept C15744967 @default.
- W2508045218 hasConcept C162324750 @default.
- W2508045218 hasConcept C163258240 @default.
- W2508045218 hasConcept C17744445 @default.
- W2508045218 hasConcept C190253527 @default.
- W2508045218 hasConcept C19417346 @default.
- W2508045218 hasConcept C199539241 @default.
- W2508045218 hasConcept C2426938 @default.
- W2508045218 hasConcept C2777381055 @default.
- W2508045218 hasConcept C2778137410 @default.
- W2508045218 hasConcept C2778858636 @default.
- W2508045218 hasConcept C41895202 @default.
- W2508045218 hasConcept C62520636 @default.
- W2508045218 hasConcept C70587473 @default.
- W2508045218 hasConcept C71924100 @default.
- W2508045218 hasConcept C98274493 @default.
- W2508045218 hasConceptScore W2508045218C100001284 @default.
- W2508045218 hasConceptScore W2508045218C10138342 @default.
- W2508045218 hasConceptScore W2508045218C121332964 @default.
- W2508045218 hasConceptScore W2508045218C138885662 @default.
- W2508045218 hasConceptScore W2508045218C144133560 @default.
- W2508045218 hasConceptScore W2508045218C15744967 @default.
- W2508045218 hasConceptScore W2508045218C162324750 @default.
- W2508045218 hasConceptScore W2508045218C163258240 @default.
- W2508045218 hasConceptScore W2508045218C17744445 @default.
- W2508045218 hasConceptScore W2508045218C190253527 @default.
- W2508045218 hasConceptScore W2508045218C19417346 @default.
- W2508045218 hasConceptScore W2508045218C199539241 @default.
- W2508045218 hasConceptScore W2508045218C2426938 @default.
- W2508045218 hasConceptScore W2508045218C2777381055 @default.
- W2508045218 hasConceptScore W2508045218C2778137410 @default.
- W2508045218 hasConceptScore W2508045218C2778858636 @default.
- W2508045218 hasConceptScore W2508045218C41895202 @default.
- W2508045218 hasConceptScore W2508045218C62520636 @default.
- W2508045218 hasConceptScore W2508045218C70587473 @default.
- W2508045218 hasConceptScore W2508045218C71924100 @default.
- W2508045218 hasConceptScore W2508045218C98274493 @default.
- W2508045218 hasOpenAccess W2508045218 @default.
- W2508045218 hasRelatedWork W1409783810 @default.
- W2508045218 hasRelatedWork W1973912471 @default.
- W2508045218 hasRelatedWork W2016218323 @default.
- W2508045218 hasRelatedWork W2016339789 @default.
- W2508045218 hasRelatedWork W2037595548 @default.
- W2508045218 hasRelatedWork W2064256878 @default.
- W2508045218 hasRelatedWork W2066832593 @default.
- W2508045218 hasRelatedWork W2074621677 @default.
- W2508045218 hasRelatedWork W2081517896 @default.
- W2508045218 hasRelatedWork W2085152314 @default.
- W2508045218 hasRelatedWork W2158903871 @default.
- W2508045218 hasRelatedWork W2164902648 @default.
- W2508045218 hasRelatedWork W2277242212 @default.
- W2508045218 hasRelatedWork W2340515015 @default.
- W2508045218 hasRelatedWork W2506138158 @default.
- W2508045218 hasRelatedWork W2558810591 @default.
- W2508045218 hasRelatedWork W2947074988 @default.
- W2508045218 hasRelatedWork W3124116900 @default.
- W2508045218 hasRelatedWork W3139474324 @default.
- W2508045218 hasRelatedWork W911318732 @default.
- W2508045218 isParatext "false" @default.
- W2508045218 isRetracted "false" @default.
- W2508045218 magId "2508045218" @default.
- W2508045218 workType "article" @default.