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which is true of orphan drugs? they are not financially viable for drug…

Question

which is true of orphan drugs?

they are not financially viable for drug companies.
their use is associated with fewer adverse effects.
incentives have been offered for independent research.
market size for these drugs can be quite large.

Explanation:

Define orphan drugs

Orphan drugs treat rare medical conditions.

Analyze financial viability

Because target populations are small, development is financially unviable without government incentives.

Evaluate adverse effects

Rare disease treatments do not inherently have fewer side effects.

Assess research incentives

Governments offer tax credits and market exclusivity to stimulate research.

Evaluate market size

By definition, rare diseases have very small patient populations.

Answer:

  • (A) They are not financially viable for drug companies. (Correct answer)
  • (B) Their use is associated with fewer adverse effects.
  • (C) Incentives have been offered for independent research.
  • (D) Market size for these drugs can be quite large.