Question

As the size of a given market potential increase,

there will be fewer drugs entering this market

there will be no new drugs entering this market

there will be more new drugs entering this market

there will be less innovation devoted to this market

all of the above

In the U.S., the 2017 tax reform bill _____ the % tax credit to orphan drug development.

lowered

increased

kept unchanged

none of the above

Answer 1

1. As the size of a given market potential increases, there will be more new drugs entering this market.

Market potential is a entire size of a product in a market at a specific point of time, an increase in market potential Mena's new entrants in market.

So, the correct answer is an option (c).

2. In the US, the 2017 tax reform bill lowered the % tax credit to orphan drug development.

It was cut down by 50% in the 2017 tax reform bill.

So, the correct answer is an option (a).