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The First Country to Require Standardized Cost-Effectiveness Analysis Before a Pharmaceutical

question 6

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The first country to require standardized cost-effectiveness analysis before a pharmaceutical drug would be approved for distribution and reimbursement was


Definitions:

Anticipate

To expect or predict something based on current knowledge or trends, often involving preparation for a known event or condition.

Compounded Semi-annually

The process of applying interest to an initial sum and the accrued interest on that sum every six months.

Scheduled Payments

Pre-arranged agreements to pay a certain amount at specific times, often used in loans and financial agreements.

Equivalent

Equal in value, amount, function, meaning, or status.

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