NAPSR Exam Quiz 9, Chapter 9
Which area of drug R&D has seen the largest cost increases? - Answer-clinical trials
On average, how long does it take for a new drug to be developed (i.e., from the discovery of the initial
compound to FDA approval)? - Answer-10-15 years
Which of the following regulatory agencies is industry-based (i.e., run mainly by the companies
themselves)? - Answer-Pharmaceutical Research and Manufacturing of America (PhRMA)
Which of the following factors has simplified the pharmaceutical R&D process? - Answer-none of these
(T/F) The landmark FDA Modernization Act of 1997 was a major step forward in enabling safe and
effective new drugs and biologics to be made available sooner to patients. - Answer-True
According to your manual, which type of system is the best way to deliver healthcare? - Answer-a
market-based system
How would increased pharmaceutical price controls affect the U.S. healthcare system? - Answer-
increased price controls would stifle innovation
Which area of drug R&D has seen the largest cost increases? - Answer-clinical trials
On average, how long does it take for a new drug to be developed (i.e., from the discovery of the initial
compound to FDA approval)? - Answer-10-15 years
Which of the following regulatory agencies is industry-based (i.e., run mainly by the companies
themselves)? - Answer-Pharmaceutical Research and Manufacturing of America (PhRMA)
Which of the following factors has simplified the pharmaceutical R&D process? - Answer-none of these
(T/F) The landmark FDA Modernization Act of 1997 was a major step forward in enabling safe and
effective new drugs and biologics to be made available sooner to patients. - Answer-True
According to your manual, which type of system is the best way to deliver healthcare? - Answer-a
market-based system
How would increased pharmaceutical price controls affect the U.S. healthcare system? - Answer-
increased price controls would stifle innovation
