The Development of New Drugs Is Very Expensive

question 87

Multiple Choice

The development of new drugs is very expensive.For this reason Genentech,a large biotechnical company,has entered into a business arrangement with Swiss-owned Roche to develop a vaccine for tuberculosis.When the vaccine is developed or when the two biotechnical companies determine the vaccine cannot be developed using their current methodology,this relationship will dissolve.What type of relationship is it?

• A) a joint venture
• B) a general partnership
• C) a cooperative
• D) a limited-time partnership

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Definitions:

Antebellum South

The period in the history of the southern United States from the late 18th century until the start of the American Civil War in 1861, characterized by its agrarian economy, reliance on slavery, and social hierarchy.

Social Structures

The complex framework of societal institutions (such as family, education, and economy) and the social practices that make up a society and organize and establish limits on people's behavior.

Diverge

To move or extend in different directions from a common point; to differ in opinion, character, or form.

Phonetic Alphabet

A set of symbols or codes used to represent the sounds of spoken language, facilitating accurate communication, especially in noisy environments or over radio.