Chapter 11

Question 1

What is the role of pharmaceutical industry?

Answer 1

Address challenges associated with disease and illness.

Question 2

Stages of clinical studies:

Phase I:

Answer 2

Drug is evaluated for safety in healthy volunteers.

Question 3

Phase 2:

Answer 3

Efficacy is tested in patients with the targeted disease.

Question 4

Phase 3:

Answer 4

• Safety and efficacy is evaluated in patients with multiple diseases.
• Those who take concomitant medications
• patients w impaired organs
• elderly

Question 5

R&D stands for?

Answer 5

Research and development

Question 6

R&D

Answer 6

Takes 10-15 yrs.

Costs $800 million

Question 7

Disease management programs

Answer 7

Wk to increase patient access to prescription drugs and reduce overall spending on surgeries and hospitalizations.

Question 8

Drug pricing

Answer 8

Prices through competitive market.

Question 9

Patents and drugs

Answer 9

Patents are granted accordingly to strict standards.

Question 10

Economic savings 1

Answer 10

Prescription drugs help to avoid disability, surgery, and hospitalization.

Question 11

Economic saving 2

Answer 11

Prescription drugs can facilitate employee retention and cause a significant reduction in disability and absenteeism.

Question 12

Economic savings 3

Answer 12

Ex: intention for migraine headaches saved employers $435 per month per treated employee by decreasing productivity losses.

Question 13

The future of the pharmaceutical industry. ESSAY Q

Answer 13

Improving the health of our nation.

• pricing
• distribution and access
• testing and approval procedures
• regulatory concerns