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On the Importance of Swiss Patient Data for Pharmaceutical R&D in Switzerland

Author

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  • Weder, Rolf
  • Bentele, Riccardo

Abstract

Real-world data (RWD) are an increasingly important input into the pharmaceutical R&D process as shown by countries like the USA or Finland. As the availability of and access to Swiss RWD is rather limited, the question arises whether this creates a burden for pharmaceutical R&D in Switzerland. We build on the economics of data and ideas as well as the home-market effect to analyze the importance of local RWD in the three stages of pharmaceutical R&D (pre-clinical, clinical, and post-approval re-search) as well as in the field of personalized medicine. We find qualitative support for a home-market effect and conclude that there is an urgent need to improve the current RWD situation in Switzerland, from the perspective of both Swiss patients and pharmaceutical R&D in Switzerland.

Suggested Citation

  • Weder, Rolf & Bentele, Riccardo, 2024. "On the Importance of Swiss Patient Data for Pharmaceutical R&D in Switzerland," Working papers 2024/02, Faculty of Business and Economics - University of Basel.
    • Handle: RePEc:bsl:wpaper:2024/02
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    File URL: https://edoc.unibas.ch/96350/1/WP_Bentele_Weder_Uni_Basel_Swiss_Patient_Data_and_Swiss_RD_2024.pdf
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    References listed on IDEAS

    as
    1. Gaia Barazzetti & Nolwenn Bühler & Marc Audétat & Alain Kaufmann, 2021. "Making personalized medicine ethical: a critical examination of the new promises of ‘personalized health’ in Switzerland [The Personalized Medicine Coalition: Goals and Strategies]," Science and Public Policy, Oxford University Press, vol. 48(6), pages 818-828.
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      More about this item

      Keywords

      Patient Data; Real-World Data; Pharmaceutical R&D; Data and Innovation; Home-Market Effects; International Trade; Location of R&D;
      All these keywords.

      JEL classification:

      • F1 - International Economics - - Trade
      • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
      • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics

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