A team of employees doing research for finding a new drug for acid reflux accidentally discovered a drug for treating a rare neurological disorder. The team is looking to move forward with the discovery into the clinical trials. The financial manager has to make a recommendation looking at the financial prospect of the new drug. The drug has little potential for profits. The costs outweigh the profits of the drug. To explain: How the government would encourage commercializing orphan drugs and if you would support or oppose the government intervention in this case.

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Chapter 2, Problem 2.21EE

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A team of employees doing research for finding a new drug for acid reflux accidentally discovered a drug for treating a rare neurological disorder. The team is looking to move forward with the discovery into the clinical trials.

The financial manager has to make a recommendation looking at the financial prospect of the new drug. The drug has little potential for profits. The costs outweigh the profits of the drug.

To explain: How the government would encourage commercializing orphan drugs and if you would support or oppose the government intervention in this case.

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