NAPSRx | 243 Questions with 100% correct answers | verified

Pharmaceuticals - Medicines and vaccines for human and animal use. Products may have a trademark (brand) name or be generic; and they may be prescription or over-the counter. Diagnostic - Equipment and supplies used in screening, detecting, and monitoring disease. Can range from simple home testing kits to sophisticated diagnostic imaging technologies. Medical Devices - Advanced instrumentation and appliances used for medical therapy, such as joint replacements, implantable defibrillators, and pacemakers. Also includes drug delivery devices such as syringes, infusion pumps, metered-dose inhalers, and transdermal patches. Medical Supplies - Commodity, high-volume supplies such as surgical gowns and gloves. Durable Medical Equipment - Reusable products for health-related use in the home, such as walkers, wheelchairs, oxygen equipment, prosthetics and hospital beds. What countries are pharmaceutical sales the highest? - United States, Western Europe, and Japan. The U.S. accounts for roughly __________ of the world's pharmaceutical revenues. - 50% Two factors have significantly contributed to recent growth in the pharmaceutical industry are? - Population growth and increasing life expectancies. What is the predicted relationship between pharmaceutical companies and genomic research facilities? - Partnerships between pharmaceutical companies and genomic research facilities will not prove immediately profitable. Prescription drug therapy is cost effective for insurance companies and health care providers. True or False? - True