Overview
Pharmaceutical policy plays a crucial role in ensuring that medications are safe, effective, and accessible to all individuals. It encompasses various aspects, including drug regulation, economic factors, and health equity. Understanding these components helps in formulating effective health policie...
Key Terms
Example: The government implemented a new pharmaceutical policy to reduce drug prices.
Example: The FDA is responsible for drug regulation in the United States.
Example: Access to medicines is a critical issue in low-income countries.
Example: Health equity initiatives aim to reduce disparities in healthcare access.
Example: Cost-effectiveness analysis helps determine which drugs should be covered by insurance.
Example: Pharmaceutical companies often hold patents on new drugs to recoup research costs.