Why Do You Think That Many Biotechnology Firms License Their

question 140

Essay

Why do you think that many biotechnology firms license their new products?

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Definitions:

Prostaglandins

Local hormones derived from lipid molecules. Prostaglandins typically do not travel in the bloodstream to find their target cells because their targets are close by. These hormones have numerous effects, including uterine stimulation during childbirth.

Local Hormones

Hormones that act locally without first entering the bloodstream, often involved in local regulatory processes such as inflammation.

Steroidal

Pertaining to or relating to steroids, a group of fat-soluble organic compounds with various physiological effects, including hormonal activity and anti-inflammatory properties.

Nonsteroidal

Referring to drugs or substances that do not contain steroids, commonly mentioned in the context of anti-inflammatory medications.