EBITDA, Sometimes Called Operating Profit, Is Often Emphasized by Biotech

question 11

True/False

EBITDA, sometimes called operating profit, is often emphasized by biotech companies because of their lack of real profitability.

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Definitions:

Civil Citizenship

Civil citizenship refers to the rights and duties of citizens in relation to the state and society, including civil liberties, political participation, and the right to work, education, and access to public services.

Indigenous People

Groups of people native to a region, having distinct cultural, religious, and historical traditions, often marginalized by post-colonial states.

Enfranchisement

The granting of rights, especially the rights of citizenship and voting, to a person or group of people.

Social Citizenship

A status that grants individuals within a society access to rights, benefits, and obligations, such as healthcare, education, and welfare support, often linked to the concept of social inclusion.