Pharmaceutical Industry: New Prescription Drugs
...Pharmaceutical Industry: Quarterly Journal of Economics. New York: Random House, 2004. Print. Scherer, F. M. The Link between Gross Pro?tability and Pharmaceutical R&D Spending. Michigan: Health Affairs, 2001. Print. Wardell, W. M., and Lasagna, L. Regulation and Drug Development. Washington DC: American Enterprise Institute 1975. Print. Waxman, H., Durbin, R. J., and Kennedy, E. M. New GAO Analysis of Drug Development Refutes Industry Myths. Washington DC: U.S. Congress, 2006. Print.... Determination of the research and development costs for new prescription drugs. Patent is an essential part in facilitating new mechanisms for innovations. To bring innovations into the market without minimization,...