Why are generic pharmaceuticals significantly cheaper than name brand ones?
Question:
Why are generic pharmaceuticals significantly cheaper than name brand ones?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
Generic pharmaceuticals are significantly cheaper than brandname drugs for several reasons Development Costs Brandname drugs are developed through ext...View the full answer
Answered By
Arshad Ahmad
Well, I am really new to tutoring but I truly believe a good student can be a better teacher. I have always been a topper at school. I passed my Chartered Accountancy at a very young age of 23, a rare feat for most of the students. I am really dedicated to whatever work I do and I am very strict regarding deadlines. i am always committed and dedicated to whatever work allotted to me and I make sure it is completed well within deadline and also I try to give my best in whatever I do. Hope we will have a good time studying together.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
A patient asks what generic drugs are and if he should be using them to treat his infection. Which of the following statements should be included in the nurses explanation? a. A generic drug is a...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
A gaseous hydrocarbon (containing C and H atoms) in a container of volume 20.2 L at 350 K and 6.63 atm reacts with an excess of oxygen to form 205.1 g of CO2 and 168.0 g of H2 O. What is the...
-
How are the six steps in the data-driven approach to fraud detection different from the traditional reactive approach?
-
Consider an increasing marginal-cost depletable resource with no effective substitute. (a) Describe, in general terms, how the marginal user cost for this resource in the earlier time periods would...
-
Nereus Montemayor was an employee of VZ Hogs, a company that raises hogs and produces hog feed. VZ Hogs used an extruder manufactured by Sebright Products, Inc. to create hog feed out of discarded...
-
The standard cost of Product B manufactured by MIT Company includes three units of direct materials at $5.00 per unit. During June, 29,000 units of direct materials are purchased at a cost of $4.70...
-
In return for an investment of $34318 in a fixed interest security, you will receive $134 at the end of each half year plus your money back on redemption in 12 years. You intend to deposit all the...
-
For many years, the Justice Department has tried to break up large firms like IBM, Microsoft, and most recently Google, on the grounds that their large market share made them essentially monopolies....
-
Why would a firm choose to use one or more of the anticompetitive practices described in Regulating Anticompetitive Behavior?
-
In putting, the force with which a golfer strikes a ball is planned so that the ball will stop within some small distance of the cup, say, 1.0m long or short, in case the putt is missed....
-
You expect to receive $6,000 at graduation in two years. You plan on investing it at 11% until you have $67,000. How long will you wait from now? (Do not round intermediate calculations and round...
-
PowerShell Discuss how you can use PowerShell to manage Windows containers on a live network.
-
Compute the 2018 standard deduction for the following taxpayers. If an amount is zero, enter "0". Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her earned income is...
-
27. Today is your 21st birthday and your parents gave you a gift of $2,000. You just put this money in a brokerage account, and your plan is to add $1,000 to the account each year on your birthday,...
-
Discuss the relationship between group policy design and security -What are some of the benefits and drawbacks associated with implementing group policies?
-
Sonic Solutions develops digital media products, services, and technologies for consumers and content development professionals. In June 2010, a team of analysts at J.P. Morgan issued a research...
-
With your classmates, form small teams of skunkworks. Your task is to identify an innovation that you think would benefit your school, college, or university, and to outline an action plan for...
-
Ariel Enterprises purchases 32 cellular telephones on credit from a manufacturer on November 3 at a price of $400 per phone. Terms of the purchase are 3/5, n/30 with an invoice date of November 3....
-
Marx Corp. purchases 135 fax machines on credit from a manufacturer on April 7 at a price of $250 per machine. Terms of the purchase are 4/10, n/20 with an invoice date of April 7. Marx Corp pays in...
-
What are some benefits to a retailer for offering a discount to a customer?
-
Isaac Berman is a former finance manager. When he was downsized, he applied to NYU s Stern School of Business and was accepted with a full scholarship. His wife, Salom , has a law degree. Since she...
-
Alton Forge, a fabricator of hammered machine parts, wants to expand by producing larger machine parts. To do so , it needs to buy a large power hammer. This power hammer costs $ 1 , 3 5 0 , 0 0 0 ....
-
Silva Enterprises has inventory of $ 1 1 , 6 0 0 , fixed assets of $ 2 2 , 4 0 0 , total liabilities of $ 1 2 , 9 0 0 , cash of $ 1 , 9 0 0 , accounts receivable of $ 8 , 7 0 0 , and long - term debt...
Study smarter with the SolutionInn App