NAPSRx Practice Questions (Latest 2023-2024) A++ Exam with All New Qs & As - Guaranteed Pass!

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1. Which area of R&D has seen the largest cost increases? Answer: clinical trials 2. On average, how long does a new drug take to be developed (from discovery of initial compound to FDA approval)? ... Answer: 10-15 years 3. Which of the following regulatory agencies is industry-based (run mainlyby the companies themselves)? Answer: Pharmaceutical Research and Manufacturersof America (PhRMA) 4. Which of the following factors has simplified the pharmaceutical R&Dprocess? Answer: none of these 5. The landmark FDA Modernization Act of 1997 was a major step forward inenabling safe and effective new drugs and biologics to be made available sooner to patients. Answer: True 6. According to your manual, which type of system is the best way to deliverhealthcare? Answer: a market-based system 7. How would increased pharmaceutical price controls impact the US health-care system? Answer: increased price controls would stifle innovation 8. Which of the following invests a greater percentage of sales in researchthan the biotech sector? Answer: none of these [Show More]

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