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System Design for a Pharmaceutical Company

In: Transfer Pricing in China

Author

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  • Jian Li

    (Kunda Tax Consulting (Shanghai) Limited)

  • Alan Paisey

Abstract

Some features of the pharmaceutical industry are unique. Internationally, it is subject to high regulation in terms of permission to proceed, and the pricing they can command. Pharmaceutical products are high-value added, research and development being the main factor involved, the introduction of a new drug being a very expensive, lengthy, and risky undertaking (Fig. 15.1).

Suggested Citation

  • Jian Li & Alan Paisey, 2019. "System Design for a Pharmaceutical Company," Springer Books, in: Transfer Pricing in China, chapter 0, pages 107-112, Springer.
  • Handle: RePEc:spr:sprchp:978-981-13-7689-4_15
    DOI: 10.1007/978-981-13-7689-4_15
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    Cited by:

    1. Migchelbrink, Koen & Raymaekers, Pieter, 2023. "Nudging people to pay their parking fines on time. Evidence from a cluster-randomized field experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 105(C).

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