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Bad Medical News Causes Patients to Choose Brand Name Drugs over Generics, Costing Billions

Bad Medical News Causes Patients to Choose Brand Name Drugs over Generics, Costing Billions

FromThe JM Buzz


Bad Medical News Causes Patients to Choose Brand Name Drugs over Generics, Costing Billions

FromThe JM Buzz

ratings:
Length:
3 minutes
Released:
Jul 6, 2023
Format:
Podcast episode

Description

Medical patients who receive bad news often spend more money on brand name drugs rather than their much cheaper generic counterparts.

Read an in-depth recap of this research here: https://www.ama.org/2023/04/18/bad-medical-news-causes-patients-to-choose-brand-name-drugs-over-generics-costing-billions/

Read the full Journal of Marketing article here: https://doi.org/10.1177/00222429231158360

Reference: Manuel Hermosilla and Andrew T. Ching, “Does Bad Medical News Reduce Preferences for Generic Drugs?” Journal of Marketing.

Narrator: Saira Salyani
Acknowledgments: Aman Soni
Topics: health care, public policy, behavioral marketing, generic drugs, brand name drugs
Released:
Jul 6, 2023
Format:
Podcast episode

Titles in the series (67)

The JM Buzz discusses cutting-edge marketing research. In each episode, we outline a forthcoming article in Journal of Marketing, the premier scholarly journal in the marketing field. Enjoy! The JM Buzz is a production of the Journal of Marketing and is produced by University FM.