English, Article, Journal or magazine article edition: Universities and access to medicines: What is the optimal ‘humanitarian license’? Annamaria Conti; Patrick Gaulé

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Universities and access to medicines: What is the optimal ‘humanitarian license’?
Author
  • Annamaria Conti
  • Patrick Gaulé
Physical Description
  • preprint
Notes
  • This paper seeks to add an economic contribution to the current debate on using university licensing contracts to improve access to medicines in developing countries. We build a simple model in which we have a university licensing out an academic invention to a profit-maximizing pharmaceutical company. We compare three different types of licensing contracts that the university might use to enhance access to pharmaceuticals in the South: (1) an exclusive license limited to the North; (2) an exclusive license worldwide with a price cap in the South; and (3) an exclusive license worldwide with a price cap in the South and a clause specifying that the licensee would lose its exclusivity in the South if it does not supply the Southern market. We show that in a simple model with asymmetric information on production costs the latter type of contract dominates the two others.
  • technology licensing, university licensing, access to medicines
  • RePEc:cmi:wpaper:cemi-workingpaper-2008-005
Language
  • English
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