Which of the Following Is the Most Accurate Statement About

question 8

Multiple Choice

Which of the following is the most accurate statement about the FDA's expedited review of drugs?

• A) Expedited review of drugs does not allow the use of surrogate endpoints to evaluate the efficacy of drugs.
• B) Inclusion in the breakthrough drug category implies only that the drug has the potential to treat a serious condition.
• C) Approval of drugs under expedited review procedures imply the need for continued collection of safety and efficacy data post approval.
• D) There is only one category of expedited review of drugs.

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Definitions:

Economic Importance

The significance of an industry, sector, or activity in terms of its contribution to economic growth, employment, and wealth creation.

Trading Volume

The amount of an asset or securities traded during a specific period of time, often used as an indicator of market activity and liquidity.

Bubbles

Economic phenomena characterized by rapid increases in asset prices to levels significantly above the fundamental value, followed by a sharp decline.

Average Rate of Return

A financial metric that calculates the return on an investment relative to its cost, expressed as a percentage.