Business Essentials, Student Value Edition Plus MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
Business Essentials, Student Value Edition Plus MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
11th Edition
ISBN: 9780134473970
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Chapter 2, Problem 2.21EE
Summary Introduction

Summary:

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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