The Drug Price Competition and Patent Term Restoration Act of 1984 fos

The Drug Price Competition and Patent Term Restoration Act of 1984 fostered competition from generic drugs by facilitating their approval.

Indicate whether the statement is true or false

 

ANSWER

T The Act eliminated duplication of the original drug approval process and replaced it with a requirement to show equivalence, which could be done and evaluated in much less time.

 

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