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The chief motivating force in mergers and acquisitions within the
pharmaceutical industry is the desire of one company to acquire and exploit
more successfully the brands of another. - correct answer ✅false
It is rare for pharmaceutical companies to explore, develop and promote
expressive values with which patients might identify - correct answer ✅true
To be competitive, pharmaceutical brands must be distinctive. They must
possess defining characteristics that are perceived by customers to be unique,
attractive and relevant to their needs. - correct answer ✅true
Group purchasing organization (GPO) - correct answer ✅An entity consisting of
two or more hospitals or other healthcare entities that is formed to offer its
members access to purchasing contracts for health supplies
Upcharge - correct answer ✅Percentage fee that is paid by the dispenser to the
wholesaler for the cost of distribution
Package Insert Info - correct answer ✅Pg 63
,Drug Patents - correct answer ✅Pg 65
Terms pg 67
Pharma companies must submit extensive data to the FDA demonstrating the
safety and effectiveness of new drugs before receiving approval for sale. -
correct answer ✅True
Average review time for a new drug - correct answer ✅18 months
Sales Team - correct answer ✅Pg 7
The "engine of innovation," focused on discovering or inventing promising new
product. - correct answer ✅Research & Development
This includes supply chain, manufacturing, trade, and distribution functions of
the business. - correct answer ✅Manufacturing & Operations
In 2012, FDA regulators approved 39 new drugs for use in the U.S. - correct
answer ✅True
3,070 new meds are in development for cancer. - correct answer ✅True
,Define Off-label - correct answer ✅Usage of a medication for purposes other
than the specific ones appearing on the label
Toxicity - correct answer ✅The extent, quality, or degree to which a substance
is poisonous or harmful to the body
Institutional review Board (IRB) - correct answer ✅A committee of physicians,
staticians, community advocated, and others which ensure that a clinical trial is
ethical and that the rights of the study participants are protected. All clinical
trials must be approved by an IRB before they begin.
Placebo - correct answer ✅Inactive pill, liquid, or powder that has no treatment
value aka sugar pill
Edema - correct answer ✅Swelling
Asymptomatic - correct answer ✅Without signs or symptoms
Clinical Pharmacology - correct answer ✅The study of the effects and
movement of drugs in the human body
Anatomy - correct answer ✅The study of basic structures of the body
Physiology - correct answer ✅The study of how those body structures function
, Basic clinical pharmacology involves 3 main concepts - correct answer
✅Pharmacodynamics, Pharmacokinetics, drug distribution and elimination.
Pharmacodynamics - correct answer ✅Study of the biochemical and
physiological effects of drugs and their mechanisms of action i.e. the study of
what a drug does to the body. It describes the therapeutic effects of drugs (pain
relief, blood pressure reduction, their side effects and their sites of action.
Pharmacokinetics - correct answer ✅Study of how a drug is processed by the
body, with emphasis on the time required for absorption, duration of action,
distribution, and method of excretion. The study of how the body affects drugs.
Drug distribution & elimination - correct answer ✅Drug delivery systems, route
of administration , modes of excretion.
Plasma - correct answer ✅The liquid portion of the blood that carries proteins
and other substances
Organs - correct answer ✅Specialized cells and tissues grouped together to
perform specific body function for a common purpose. (Kidney, heart,
intestines, and skin)
Nucleus - correct answer ✅Brain of the cell that regulates all activities.
Proteins - correct answer ✅A nutrient made up of of chains of amino acids