What Would the FDA Do to Expedite Drug Development and Approval

question 2

Multiple Choice

What would the FDA do to expedite drug development and approval for an outbreak of smallpox,for which there is no known treatment?

• A) List smallpox as a health orphan disease.
• B) Omit the preclinical research phase.
• C) Extend the clinical research phase.
• D) Fast track the investigational drug.

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Definitions:

Signaling Effect

A theory in finance that suggests when a company announces an increase or decrease in dividends, it signals its financial health and prospects to investors.

Expansion Policy

A strategy or set of guidelines that an organization follows to grow its business operations, either by expanding into new markets, increasing product lines, or enhancing capacity.

Cash Stream

A series of incoming and outgoing cash transactions over a period of time.

Capital Appreciation

An increase in the value of an asset or investment over time, not including dividends or interest earnings.