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How Long Does It Take on Average for Testing Before

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How long does it take on average for testing before a new veterinary drug appears on the market?


Definitions:

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, commonly considered the yield of government bonds like T-bills.

Expected Market Rate

The average rate of return anticipated by market participants, based on forecasts and historical trends.

Expected Rate of Return

The anticipated amount of profit or loss an investment generates, expressed as a percentage of the initial investment amount.

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