Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal
We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black...
Ausführliche Beschreibung
Autor*in: |
Lawler, Emily C. [verfasserIn] |
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E-Artikel |
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Englisch |
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2022transfer abstract |
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Enthalten in: Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network - Cheng, Lei ELSEVIER, 2022, Amsterdam |
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Übergeordnetes Werk: |
volume:81 ; year:2022 ; pages:0 |
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DOI / URN: |
10.1016/j.jhealeco.2021.102557 |
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520 | |a We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. | ||
520 | |a We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. | ||
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10.1016/j.jhealeco.2021.102557 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001678.pica (DE-627)ELV056655320 (ELSEVIER)S0167-6296(21)00142-9 DE-627 ger DE-627 rakwb eng 004 VZ 54.72 bkl Lawler, Emily C. verfasserin aut Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. Skira, Meghan M. oth Enthalten in North-Holland Publ. Co Cheng, Lei ELSEVIER Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network 2022 Amsterdam (DE-627)ELV007813643 volume:81 year:2022 pages:0 https://doi.org/10.1016/j.jhealeco.2021.102557 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U 54.72 Künstliche Intelligenz VZ AR 81 2022 0 |
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10.1016/j.jhealeco.2021.102557 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001678.pica (DE-627)ELV056655320 (ELSEVIER)S0167-6296(21)00142-9 DE-627 ger DE-627 rakwb eng 004 VZ 54.72 bkl Lawler, Emily C. verfasserin aut Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. Skira, Meghan M. oth Enthalten in North-Holland Publ. Co Cheng, Lei ELSEVIER Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network 2022 Amsterdam (DE-627)ELV007813643 volume:81 year:2022 pages:0 https://doi.org/10.1016/j.jhealeco.2021.102557 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U 54.72 Künstliche Intelligenz VZ AR 81 2022 0 |
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10.1016/j.jhealeco.2021.102557 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001678.pica (DE-627)ELV056655320 (ELSEVIER)S0167-6296(21)00142-9 DE-627 ger DE-627 rakwb eng 004 VZ 54.72 bkl Lawler, Emily C. verfasserin aut Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. Skira, Meghan M. oth Enthalten in North-Holland Publ. Co Cheng, Lei ELSEVIER Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network 2022 Amsterdam (DE-627)ELV007813643 volume:81 year:2022 pages:0 https://doi.org/10.1016/j.jhealeco.2021.102557 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U 54.72 Künstliche Intelligenz VZ AR 81 2022 0 |
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10.1016/j.jhealeco.2021.102557 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001678.pica (DE-627)ELV056655320 (ELSEVIER)S0167-6296(21)00142-9 DE-627 ger DE-627 rakwb eng 004 VZ 54.72 bkl Lawler, Emily C. verfasserin aut Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. Skira, Meghan M. oth Enthalten in North-Holland Publ. Co Cheng, Lei ELSEVIER Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network 2022 Amsterdam (DE-627)ELV007813643 volume:81 year:2022 pages:0 https://doi.org/10.1016/j.jhealeco.2021.102557 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U 54.72 Künstliche Intelligenz VZ AR 81 2022 0 |
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10.1016/j.jhealeco.2021.102557 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001678.pica (DE-627)ELV056655320 (ELSEVIER)S0167-6296(21)00142-9 DE-627 ger DE-627 rakwb eng 004 VZ 54.72 bkl Lawler, Emily C. verfasserin aut Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. Skira, Meghan M. oth Enthalten in North-Holland Publ. Co Cheng, Lei ELSEVIER Prediction of gas concentration evolution with evolutionary attention-based temporal graph convolutional network 2022 Amsterdam (DE-627)ELV007813643 volume:81 year:2022 pages:0 https://doi.org/10.1016/j.jhealeco.2021.102557 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U 54.72 Künstliche Intelligenz VZ AR 81 2022 0 |
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Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal |
abstract |
We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. |
abstractGer |
We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. |
abstract_unstemmed |
We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers. |
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Information shocks and pharmaceutical firms’ marketing efforts: Evidence from the Chantix black box warning removal |
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https://doi.org/10.1016/j.jhealeco.2021.102557 |
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Skira, Meghan M. |
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Skira, Meghan M. |
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doi_str |
10.1016/j.jhealeco.2021.102557 |
up_date |
2024-07-06T21:01:29.498Z |
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In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers.</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">We study how pharmaceutical firm marketing responds to a regulatory decision that represents a positive information shock about drug safety. In the context of the smoking cessation drug Chantix, we estimate the effects of a Food and Drug Administration (FDA) decision to remove the drug's black box warning on two forms of marketing: monetary and in-kind payments to physicians (detailing) and direct-to-consumer advertising. Using identification strategies that leverage geographic variation in latent demand for smoking cessation therapy and the targeted nature of the information shock, we find that the removal of the warning significantly increased Chantix-related detailing payments and increased expenditures on national television advertising of Chantix. Understanding these firm-level strategic promotion responses is important, as they have implications for the dissemination of new drug information and the behaviors of physicians and consumers.</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Skira, Meghan M.</subfield><subfield code="4">oth</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="n">North-Holland Publ. 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