The Chapter Opens with a Story About GlaxoSmithKline (GSK) and Combivir

question 30

Multiple Choice

The chapter opens with a story about GlaxoSmithKline (GSK) and Combivir, the anti-AIDS drug. What was one of the reasons that GSK was selling Combivir for such low prices in Africa as compared to Europe?

• A) It is much cheaper to produce the drug in Africa than in Europe.
• B) Government regulations in Europe forced it to charge higher prices.
• C) African governments imposed price ceilings.
• D) Lower prices were charged for humanitarian reasons.

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Definitions:

American Hospital Formulary

A comprehensive listing of medications and related information used by hospitals, aimed at promoting effective and safe use of drugs.

Classification Of Drugs

The classification of drugs involves organizing them into categories based on their mode of action, chemical structure, or therapeutic and pharmacological effects.

HCPCS Level II

Healthcare Common Procedure Coding System Level II, a standardized coding system used for billing a wide range of services and supplies not covered by the traditional CPT codes.

Temporary Codes

Codes assigned for a limited period or for specific situations that do not have permanent classification codes.