%0 Journal Article
%A Filson, Darren
%A Van Nuys, Karen
%A Lakdawalla, Darius
%A Goldman, Dana P.
%T The Elasticity of Pharmaceutical Innovation: How Much Does Revenue Drive New Drug Development?
%J Schaeffer Center White Paper Series
%D February 2025
%X This study finds that for every 10% reduction in expected revenues, there can be an expected 2.5% to 15% decrease in pharmaceutical innovation.
%U https://schaeffer.usc.edu/research/the-elasticity-of-pharmaceutical-innovation-how-much-does-revenue-drive-new-drug-development/