@article{5046, author = {Ekaterina Galkina Cleary and Matthew J. Jackson and Fred D. Ledley}, title = {Government as the First Investor in Biopharmaceutical Innovation: Evidence From New Drug Approvals 2010–2019}, abstract = {The discovery and development of new medicines classically involves a linear process of basic biomedical research to uncover potential targets for drug action, followed by applied, or translational, research to identify candidate products and establish their effectiveness and safety.}, year = {2020}, journal = {Institute for New Economic Thinking Working Paper Series}, pages = {1-72}, month = {2020-9-1}, url = {https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3731819}, doi = {10.36687/inetwp133}, language = {en}, }