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Analysis of the success rates of new drug development in Japan and the lag behind the US

Author

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  • Hirai, Yuka
  • Yamanaka, Yosuke
  • Kusama, Makiko
  • Ishibashi, Taro
  • Sugiyama, Yuichi
  • Ono, Shunsuke

Abstract

The launch delay of new drugs has been a major public concern in Japan. Although it is recognized that the delay results from industrial R&D behaviors and regulatory conditions in the global market, the specific mechanisms underlying the significant delay have been unexplained. This study analyzed the association between the success rates of clinical development programs of new molecular entities in Japan and the development lag behind the US and provides clues for policy planning.

Suggested Citation

  • Hirai, Yuka & Yamanaka, Yosuke & Kusama, Makiko & Ishibashi, Taro & Sugiyama, Yuichi & Ono, Shunsuke, 2012. "Analysis of the success rates of new drug development in Japan and the lag behind the US," Health Policy, Elsevier, vol. 104(3), pages 241-246.
    • Handle: RePEc:eee:hepoli:v:104:y:2012:i:3:p:241-246
    DOI: 10.1016/j.healthpol.2011.11.008
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    References listed on IDEAS

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    5. DiMasi, Joseph A. & Hansen, Ronald W. & Grabowski, Henry G., 2003. "The price of innovation: new estimates of drug development costs," Journal of Health Economics, Elsevier, vol. 22(2), pages 151-185, March.
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