Download Understanding Drugs: Definition, Regulation, Cost, and Generic Equivalents and more Quizzes Sociology of Deviance in PDF only on Docsity! TERM 1 What are drugs? DEFINITION 1 In order for a chemical to be considered a drug it must have the capacity to affect how the body works--to be biologically active. TERM 2 Why are drugs regulated? DEFINITION 2 to be safe when used as directedsome very dangerous drugs are approved because they are necessary to treat serious illness TERM 3 Why are drugs safe for some but not for other? DEFINITION 3 A person who has a so-called idiosyncratic response to a particular sedative, for example, may become excited rather than relaxed.Others may be hypersensitive, or extremely sensitive, to certain drugs, suffering reactions that resemble allergies. TERM 4 How is the drug industry regulated? DEFINITION 4 In the United States, the Food and Drug Administration (FDA) regulates the manufacture and sale of medicinal drugs under the terms of the Food, Drug, and Cosmetics Act of 1938.Requires to prove that their drugs are effective as well as safe... that they actually work as claimedFDA regulates bother prescription and OTC TERM 5 Why do prescription drugs cost so much? DEFINITION 5 finding new cures is expensive and time consuming10-15 years and estimated $800 M to bring from lab to shelfinvoving thousands of pplonly 1/5000 makes the final cut TERM 6 Don't drug companies make a lot of money? DEFINITION 6 yes....however drug industry in undergoing difficult times, facing liab. lawsuits and end of the patent protection for thier blockbuster drugs. TERM 7 Don't most new drugs come from government research? DEFINITION 7 No...more than 92% of new medicines come from pharmaceutical companies3.6% cam from academiagovt. provided 1% of the medicine TERM 8 What is the difference between generic and brand name drugs? DEFINITION 8 According to the FDA, a generic drug is the same as a brand- name drug in dosage, safety, strength, the way it works, the way it is taken and the way it should be used. The difference between generic and brand name drugs are prices and name.They also look different. TERM 9 What is the drug product selection law? DEFINITION 9 While medical expenses generally continue to go up, your pharmacist can probably help you lower the cost of purchasing prescription drugs. Your state has a drug product selection law that permits pharmacists to select less costly generic drugs instead of brand-name products when filling some of your prescriptions. TERM 10 What does the drug product selection law mean to you? DEFINITION 10 The purpose of this is to give you the opportunity to save money on prescription drugs.Many people can save money under their states drug product selection law. Those who can benefit the most are generally those with the greatest need-- older persons and the chronically ill on long-term drug therapy.