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Name Brand Drugs Are Able to Continue Capitalizing on Their

question 262

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Name brand drugs are able to continue capitalizing on their market power even after generic drugs enter the market because (i) almost all people fear the generic drug companies are devoting too few resources to research and development.
(ii) some people fear that generic drugs are inferior.
(iii) some people are loyal to the name brand.


Definitions:

Academic Subjects

Specific areas of study or branches of knowledge that are taught in educational institutions.

Adolescents

Individuals in the developmental stage that transitions childhood into adulthood, typically ranging from ages 10 to 19, marked by accelerated physical, cognitive, and social changes.

Independence

The state or quality of being self-reliant and autonomous.

Immature Lapses

Episodes of behavior often seen in children or adolescents, where they temporarily revert to earlier stages of behavioral development.

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