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The Market for Pharmaceuticals

In: Health Economics

Author

Listed:
  • Peter Zweifel

    (University of Zurich)

  • Friedrich Breyer

    (University of Konstanz)

  • Mathias Kifmann

    (University of Augsburg)

Abstract

One cannot possibly imagine present-day health care without pharmaceuticals. There are at least three reasons for this statement. (1) Pharmaceuticals represent a form of therapy that does not involve injuring or removing organs while permitting causal treatment (not only aimed at alleviating symptoms) in several instances. Chemotherapy, employed in the treatment of tuberculosis, is the historic example of such causal treatment; vaccination against the AIDS virus may become a future example.

Suggested Citation

  • Peter Zweifel & Friedrich Breyer & Mathias Kifmann, 2009. "The Market for Pharmaceuticals," Springer Books, in: Health Economics, chapter 12, pages 401-428, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-68540-1_12
    DOI: 10.1007/978-3-540-68540-1_12
    as

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