Which is one of the main reasons a pharmaceutical company might be granted an exclusive period to market and distribute a new drug?

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Granting a pharmaceutical company an exclusive period to market and distribute a new drug allows them to recoup the costs of research and development, which can be significant. This incentive is meant to encourage the development of new drugs and treatments, as the costs associated with this process can be very high. This exclusive period is typically granted as a patent, and it prevents other companies from producing and selling the same drug for a set period of time.

Which Is One of the Main Reasons a Pharmaceutical Company