The pharmaceutical industry has to be concerned about the competition from generic versions of their drugs during the first 5 years after the release of a new drug.

Name: The pharmaceutical industry has to be concerned about the competition from generic versions of their drugs during the first 5 years after the release of a new drug.
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Question

Quizplus · Accepted Answer

Drugs that receive patent protection from the U.S. Patent Office are protected from competition during their first 5 years.

The Pharmaceutical Industry Has to Be Concerned About the Competition