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The Market-Expanding Role of Regulatory Approval in Medicine

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NBER2021-06-01 更新2025-01-04 收录
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Regulatory review is often seen as a barrier to innovation, increasing costs and delaying new medicines. Yet approval may also expand markets by certifying quality and reducing uncertainty. We test this by studying FDA approval for follow-on indicationsuses that physicians could already prescribe

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2021-06-01
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