Consequences of disclosing clinical trial results: Evidence from the food and drug administration amendments act

• Main Authors: BORVEAU, Thomas, CAPKUN, Vedran, WANG, Yin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: disclosure; information asymmetry; clinical trial; regulation; Accounting
• Online Access: https://ink.library.smu.edu.sg/soa_research/1838; https://ink.library.smu.edu.sg/context/soa_research/article/2865/viewcontent/SSRN_id3533305.pdf
• Institution: Singapore Management University

We examine how the U.S. Food and Drug Administration Amendments Act (FDAAA) of 2007, which requires additional disclosures regarding clinical trial results, impacts information asymmetry between the disclosing pharmaceutical firm and capital market participants, the general public, academics, and pr...