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The Funding of Biopharmaceutical Research and Development by D. R. Williams

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Glossary

Abbreviated new drug application (ANDA) is the application for a generic drug filed with the U.S. Food and Drug Administration.

Angel investors are individuals and entities that primarily invest their own monies in new start-up firms.

Applied research is original investigation undertaken in order to acquire new knowledge directed primarily towards a specific practical aim or objective.

Average manufacturing price (AMP) is the price paid by the wholesaler or other purchaser to the manufacturer.

Average wholesale price (AWP) is the price wholesalers sell to retail pharmacies and non-retail pharmacies.

Backward integration occurs when a firm in one section of the value chain takes on the function of a firm in another section of the ...

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