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The best medicine? Competition law and generics pricing in the UK

Stothers, Christopher; Galea, Alessandra; (2022) The best medicine? Competition law and generics pricing in the UK. Competition Law Insight , 21 (8) Green open access

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Abstract

Innovative medicines are typically guaranteed the protection of patents and various forms of market exclusivity, in order to allow innovators sufficient return on their investment to incentivise the costly research and development required. Once those patents and exclusivity expire, other companies can launch generic copies of the medicines, which tends to drive the price down through the process of competition. However, how does the system cope if competition in those generic drugs dries up? This article explores the competition law implications which may arise in such cases.1

Type: Article
Title: The best medicine? Competition law and generics pricing in the UK
Open access status: An open access version is available from UCL Discovery
Publisher version: https://www.competitionlawinsight.com/industry-sec...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Laws
URI: https://discovery.ucl.ac.uk/id/eprint/10193275
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