A Client Who Is Terminally Ill Reports Hearing About a Drug

question 28

Multiple Choice

A client who is terminally ill reports hearing about a drug that is in preclinical investigation. The client asks the nurse if the drug will be available to the public soon. What should the nurse consider when formulating an answer to this question?

• A) After preclinical investigation the drug has one more step before being released for public use.
• B) The average length of preclinical investigation is 18 months.
• C) When the drug reaches the clinical investigation stage it is usually released within 2 years.
• D) The drug will not be available until after the postmarketing studies are done.

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Definitions:

Beta

An indicator of the degree of variability or systematic risk associated with a security or portfolio relative to the broader market.

Treynor Measure

A performance metric that measures the returns earned in excess of that which could have been earned on a riskless investment per each unit of market risk.

Standard Deviation

A measure of the dispersion or variability in a set of values, used to assess the risk associated with a particular security or investment portfolio.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market, while a beta below 1 indicates the stock is less volatile.