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Table 1 Descriptive statistics of the sample

From: Competitive tenders on analogue hospital pharmaceuticals in Denmark 2017–2020

Variable

n

Mean

Median

Minimum

Maximum

Standard deviation

Percentage discount rate

19

44.10

44.31

0.40

92.84

30.93

Annual percentage price decrease

19

8.16

2.42

0

72.58

16.91

Number of days since authorization

19

1666.37

894

313

7801

1878.54

Number of competitors

19

4.89

3

1

14

4.62

Promised market share for the winner

19

84.34

80

60

100

10.13

Pharmaceutical spending (million DKK/year)

19

44.01

15.91

0.23

161.27

50.68