If the FDA enacts more stringent pharmaceutical drug tests, two costs of this policy would be:

Question

Quizplus · Accepted Answer

Drug loss refers to the possibility that a drug may not be approved despite considerable investment by pharmaceutical companies. Drug lag refers to the delay that occurs between the approval of drugs in other countries and their approval in the US. Both drug lag and drug loss may occur as a result of more stringent pharmaceutical drug tests, leading to significant costs for pharmaceutical companies. Drug misallocation and drug lapse are not directly related to this policy.

If the FDA Enacts More Stringent Pharmaceutical Drug Tests, Two