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In the United States,pharmaceutical Companies Are Granted Drug Patents for 20

Question 168

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In the United States,pharmaceutical companies are granted drug patents for 20 years,in part to help them recover the incredible cost of researching and producing a new product,with some drugs never making it to the market or achieving commercial success.If a larger portion of healthcare spending was allocated toward investment and research,how might it impact the pharmaceutical industry?

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Patents permit monopoly pricing during t...

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