It Costs About $25 Million and Takes an Average of 3

question 24

True/False

It costs about $25 million and takes an average of 3 years to develop one new drug and clear all FDA rules before marketing the product.

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Definitions:

Grobalization

The process of global homogenization through which cultures, policies, and economic activities become integrated and uniform around the world. (Given the term seems to be a misspelling of "Globalization", this is an attempt to reinterpret it creatively.)

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, characterized by the flow of goods, capital, ideas, and people across borders.

Material Dialectics

Material Dialectics is a method of analysis in Marxist theory that emphasizes the conflict and contradiction within material conditions as the driving force of historical change and societal development.

Religious Ideology

A set of beliefs, values, and practices based on spiritual texts and traditions, shaping an individual's or group's view of the world and guiding their behavior.