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Drug Act Medical Devices
1,951 wordsThe term orphan drug refers to a product that treats a rare disease affecting fewer than 200, 000 Americans. Orphan drugs help the companies that manufacture them, under the Orphan drug act. Under the act a small company can pick up a product that would be worth anywhere from $ 5 million to $ 20 million a year. The orphan drug act has helped in the development of products to treat drug addiction, leprosy, hemophilia, and rare cancers, as well as diseases most people have never heard of, such as ...
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