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Which act streamlined the generic drug approval process, and gave incentives to manufacturers to develop new drugs?Question 1Answera.Orphan Drug Act of 1983.b.Drug Price Competition Act of 1984.c.Kefauver-Harris Amendment of 1962.d.Food and Drug Administration Modernization Act of 1997.

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Which act streamlined the generic drug approval process, and gave incentives to manufacturers to develop new drugs?Question 1Answera.Orphan Drug Act of 1983.b.Drug Price Competition Act of 1984.c.Kefauver-Harris Amendment of 1962.d.Food and Drug Administration Modernization Act of 1997.

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Solution

The act that streamlined the generic drug approval process, and gave incentives to manufacturers to develop new drugs is the Drug Price Competition Act of 1984, also known as the Hatch-Waxman Act.

Here are the steps to answer this question:

  1. Understand the question: The question is asking about a specific act that made the approval process for generic drugs easier and provided incentives for manufacturers to develop new drugs.

  2. Research: Look up each of the acts mentioned in the question to understand what they do.

  3. Orphan Drug Act of 1983: This act provides incentives for the development of orphan drugs — drugs for rare diseases that would not be profitable to produce without government assistance.

  4. Drug Price Competition Act of 1984: This act made it easier for generic drugs to get approval and provided incentives for new drug development.

  5. Kefauver-Harris Amendment of 1962: This amendment requires drug manufacturers to provide proof of effectiveness and safety of their drugs before approval.

  6. Food and Drug Administration Modernization Act of 1997: This act introduced several changes to the FDA's procedures and practices.

  7. Answer: Based on the research, the Drug Price Competition Act of 1984 is the act that streamlined the generic drug approval process and gave incentives to manufacturers to develop new drugs.

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Granting a pharmaceutical company a patent for a new medicine will lead toGroup of answer choicesreduced incentives for pharmaceutical companies to invest in research and development.lower quantities of output than without the patent.a product that is priced higher than it would be without the exclusive rights.lower prices than without the patent.

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Before a company can sell a new drug, they have to ............. tests and trials to make sure it’s safe. a) conduct b) provide c) invent d) proceed

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