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Patients, Patents, and Pharmaceutical Industry MCQ

Patients, Patents, and Pharmaceutical Industry MCQ

1. The acronym sludge helps identify the effects of ________ drugs on the autonomic nervous system.

Answer

Correct Answer: Parasympathomimetic

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2. Privacy is one way of protecting ourselves from physical, emotional, and economic harm. What level of security is this?

Answer

Correct Answer: Personal

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3. How did the Orphan Act encourage the pharmaceutical industry to invest in treatments for rare diseases?

Answer

Correct Answer: By providing federal funding of grants

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4. Why is cDNA patentable and DNA is not?

Answer

Correct Answer: CDNA is not a product of nature.

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5. The ______ of natural DNA does not alter its inherent characteristics; isolated DNA remains a product of nature.

Answer

Correct Answer: Purification

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6. What is Valeant's defense on the cost of drugs?

Answer

Correct Answer: It is appropriate to maintain high drug prices for maximum profits and to make it more difficult for generic manufacturers to gain access to drug formulations.

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7. What did Pfizer do when they heard doctors were less likely to prescribe new drugs if the cost was over $10,000?

Answer

Correct Answer: Lowered the price of their drug to $9850 for profit

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8. For a patented drug to be eligible for a new patent, the pharmaceutical company has to ______.

Answer

Correct Answer: Modify the drug’s delivery mechanism

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9. What does “patent cliff” mean to pharmaceutical industries?

Answer

Correct Answer: Their product is no longer protected from competition.

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10. How did the Federal Food, Drug, and Cosmetic Act change drug manufacturing?

Answer

Correct Answer: By requiring labeling requirements and warnings

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11. Which act did Congress pass that is dedicated to food safety and prohibits misbranding of drugs?

Answer

Correct Answer: Wiley Act

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12. What type of patent protects any new, useful, and nonobvious process, machine, or article of manufacture?

Answer

Correct Answer: Utility

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13. This term refers to major pharmaceutical companies dominating the sale and distribution of prescriptions.

Answer

Correct Answer: Big Pharma

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14. The pharmaceutical industry depends more heavily on patents to protect its ______ and thereby ensure a return on its investment.

Answer

Correct Answer: Innovations

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15. No matter what form of patent, the law requires ______ years before any other company may reproduce that patent.

Answer

Correct Answer: 20

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16. A machine is an example of a ______.

Answer

Correct Answer: Product patent

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17. James, an employee of L&S Pharmaceuticals, creates a formula that changes the composition of specific drugs. What type of legal protection will he look for?

Answer

Correct Answer: Process

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18. What are the requirements for a patent to be granted?

Answer

Correct Answer: Utility, new, and nonobvious

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19. What are the three forms of patents?

Answer

Correct Answer: Design, utility, and plant

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20. What did the judge mean when he remarked “a patent is not a hunting license,” as he refused a patent?

Answer

Correct Answer: Patents that have no useful results are not acceptable.

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21. A(n) ______ is a form of legal protection given to individuals who create an invention or process.

Answer

Correct Answer: Patent

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22. For an original idea to be eligible for ______, it must be expressed in some tangible medium.

Answer

Correct Answer: Copyright

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23. What type of intellectual property would an author need to legally protect their book?

Answer

Correct Answer: Copyright

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24. How is nonrivalrous related to nonexclusive?

Answer

Correct Answer: Both are public goods.

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25. Copyright, trademarks, and patents are three ways ______ property is legally protected.

Answer

Correct Answer: Intellectual

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26. Public goods are _____ objects.

Answer

Correct Answer: Intangible

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27. Which kind of property consists of intangible assets and objects?

Answer

Correct Answer: Intellectual

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28. Vertically integrated is the structure of a company that performs all value chain activities in house, from research and development to manufacturing and marketing?

Answer

Correct Answer: True

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29. Protection of any new, useful, and nonobvious process, machine, or article of manufacture is known as ?

Answer

Correct Answer: Utility patent

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30. ________(it is difficult or even impossible to exclude or “fence out” people)?

Answer

Correct Answer: Nonexclusive

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31. Protection of inventions or functional devices such as machines,__________, or “compositions of matter”

Answer

Correct Answer: Articles of manufacture

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32. Protection of a means of doing something is known as?

Answer

Correct Answer: Process patent

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33. The ______ expiration of patents on well-known blockbuster drugs?

Answer

Correct Answer: Patent cliff

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34. A ______ is a form of legal protection given to individuals who create an invention or process?

Answer

Correct Answer: Patent

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35. _________ any intangible objects or assets (such as software programs, music, or books)?

Answer

Correct Answer: Intellectual property

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36. An attempt to “refresh” a patented product by making a modification to the drug’s delivery mechanism, its dosage, or other characteristics is known as ?

Answer

Correct Answer: Evergreening

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37. _______is a Protection of any new, original, and ornamental design for an article of manufacture?

Answer

Correct Answer: Design patent

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