Biotech Questions and Answers latest Update |
100% Correct
pharmaceutical biotechnology definition
the use of biotechnological methods for the discovery, development and
manufacture of products used in the health care industry
what does NME stand for
new molecular entity
what is the projected global market growth for biologics
9-10% annual growth rate
what are small molecule drugs
Drugs that can easily enter cells
-low molecular weight
what are biologics
Products derived from living organisms.
revenue over time for biologics
rapidly increases, plateaus, then decreases
revenue over time for small molecule drugs
increases over time and stays constant
what area has the highest revenue for biologics
oncology
what diease areas are biologics used in
-oncology
-infectious diseases
- immunological disorders
-cardiovascular
-hematological
, what biologic was the highest in sales in 2024
keytruda (Merck and Co)
what company had the highest sales of biologics and small molecule drugs
johnson and johnson
what are some of the top pharmaceutical companies
-johnson and johnson
-AbbVie
-Merck and Co
-Roche
-Pfizer
what year did health care reform laws tighten regulations on pharmaceutical
production, trade, and sales
1700
what pharmacist started a licensed pharmaceutical business in 1668
friedrich jacob merck
what drug comes from active alkaloids in opium
morphine
how have big pharmaceutical companies acquired access to biotechnology drugs
through acquisitions and mergers
what is a reasonable estimate of the market share for biologics in the overall
global drug market
25%
3 multiple choice options
true or false: 75% of global biological drugs are sold in the USA
false
1 multiple choice option
100% Correct
pharmaceutical biotechnology definition
the use of biotechnological methods for the discovery, development and
manufacture of products used in the health care industry
what does NME stand for
new molecular entity
what is the projected global market growth for biologics
9-10% annual growth rate
what are small molecule drugs
Drugs that can easily enter cells
-low molecular weight
what are biologics
Products derived from living organisms.
revenue over time for biologics
rapidly increases, plateaus, then decreases
revenue over time for small molecule drugs
increases over time and stays constant
what area has the highest revenue for biologics
oncology
what diease areas are biologics used in
-oncology
-infectious diseases
- immunological disorders
-cardiovascular
-hematological
, what biologic was the highest in sales in 2024
keytruda (Merck and Co)
what company had the highest sales of biologics and small molecule drugs
johnson and johnson
what are some of the top pharmaceutical companies
-johnson and johnson
-AbbVie
-Merck and Co
-Roche
-Pfizer
what year did health care reform laws tighten regulations on pharmaceutical
production, trade, and sales
1700
what pharmacist started a licensed pharmaceutical business in 1668
friedrich jacob merck
what drug comes from active alkaloids in opium
morphine
how have big pharmaceutical companies acquired access to biotechnology drugs
through acquisitions and mergers
what is a reasonable estimate of the market share for biologics in the overall
global drug market
25%
3 multiple choice options
true or false: 75% of global biological drugs are sold in the USA
false
1 multiple choice option
