The Nursing Student Is Studying How Priority Drugs Receive Accelerated

question 5

Multiple Choice

The nursing student is studying how priority drugs receive accelerated approval by the FDA as part of the FDA modernization.The student knows that priority drugs are used to treat:

• A)Diseases for which the community raises money for treatment.
• B)Serious and life-threatening conditions that lack effective treatments.
• C)Diseases that affect only a small percentage of the population.
• D)Diseases that previously were treated with older and less popular drugs.

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Definitions:

Lowest Rank

Refers to the position, level, or grade of an entity or individual that is at the bottom of a hierarchical system.

Payback Periods

The length of time required to recoup the initial investment in a project or investment, measured in years or months.

Higher Risk

Refers to the increased likelihood of experiencing a loss or encountering a negative outcome in an investment or other business activity.

Hurdle Rate

The minimum acceptable rate of return on an investment that a manager or company would consider in order to pursue the project.