Pharmaceutical Industry and Trends Quiz

Paste is not a common dosage form.

API stands for Active Pharmaceutical Ingredient.

Product launch is not a stage in drug development.

A drug that lost its patent protection is termed as generic.

Insulin is an example of a biologic drug.

Pharmacokinetics is the study of drug movement in the body.

Post-market surveillance is not a step in drug discovery.

The process is called quality assurance.

Transdermal patch is a common method of drug administration.

OTC stands for Over The Counter.

FDA is responsible for drug approval in the United States.

Pharmacovigilance aims to monitor and assess drug safety.

All the listed methods are common for drug delivery.

The process is called drug formulation.

Orphan drugs are developed for treating rare diseases.

The process is termed as commercialization.

WHO plays a key role in setting international standards.

Phase III trials evaluate drug effectiveness and monitor side effects.

Antidote is not typically included in drug formulations.

The primary goal is to maximize profits.

There is a growing interest in biopharmaceuticals.

The growing demand for personalized medicine increases drug development costs.

Counterfeit drugs may lead to drug resistance.

Shortage of skilled workforce is a challenge in drug development.

Advancements in transportation and communication contribute to globalization.