ITO Banri
   Department   Aoyama Gakuin University  Department of Economics, College of Economics
   Position   Professor
Language English
Publication Date 2007
Type Academic Journal
Peer Review Peer reviewed
Title Who Develops Innovations in Medicine for The Poor? Trends in Patent Applications Related to Medicines for HIV/AIDS, Tuberculosis, Malaria, and Neglected Diseases
Contribution Type Collaboration
Journal The Developing Economies
Journal TypeAnother Country
Volume, Issue, Page pp.141-171
Author and coauthor Banri Ito and Tatsufumi Yamagata
Details This paper analyzes patent data of medicines and vaccines for diseases spreading in low-income countries. The data were retrieved from a database of the Japan Patent Office. Who invents medicines for the poor of the world? This is the main question that the paper addresses. Results indicate that not only public institutions but also private firms have played an important role in developing innovations for fighting both global diseases such as HIV/AIDS and tuberculosis, and so-called neglected diseases including malaria, which seem to spread almost exclusively in low-income countries. Moreover, the basic mechanism of innovation is similar between the development of medicines for HIV/AIDS and those for neglected diseases. Finally, among firms, infectious disease fighting innovations are quite diverse. R&D stock and economies of scope are used to explain frequent patent applications by a high-performing pharmaceutical firm.