Law Econ Soc News

EVENTS

24 April 2017, London
FinTech and the Law

25 April 2017, London
Multi-Sided Platforms: Business, Economics & Competition Policy

12 May 2017, Amsterdam
Economic Evidence in Competition Law and the Future of the “More Economic” Approach

6 June 2017, London
Competition Law in China: An Introduction

To view past events, please go to the events pages.

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Professor William S. Comanor speaks on mergers and innovation in the pharmaceutical industry

9 January 2013

Distinguished Professor William S. Comanor from the University of California explored how the pharmaceutical industry has encountered a period of dramatic structural change.

While industry leaders explain their mergers as a response to these shocks and a partial solution to the declining productivity problem, the lecture advanced the reverse hypothesis: that instead of enhancing R&D productivity, the merger wave has jeopardized it. The speaker emphasized the uncertainties inevitably encountered in new drug discovery and development and the role of "parallel paths", i.e. the pursuit of multiple approaches to solving any given medical problem, in coping with those uncertainties. Visit the event website for more information.

Page last modified on 09 jan 13 11:15