Business, 05.07.2021 19:50 buchmannhannah0
Pharmaceutical companies are sometimes perceived as profiting unfairly from drugs they sell. Suppose that a new law shortens the time during which the manufacturer has exclusive use of the drug formula. Place the events in sequence to illustrate how restricting profits by pharmaceutical companies will affect innovation.
a. Pharmaceutical companies reduce their estimate of the profitability of new drug research.
b. Fewer new drugs are brought to market.
c. Pharmaceutical companies are less willing, to invest in drug development.
Answers: 1
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Pharmaceutical companies are sometimes perceived as profiting unfairly from drugs they sell. Suppose...
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