Science Quiz / Business in Biotechnology

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Can you name the business terminology?

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DefinitionBusiness Termonology
A temporary, FDA-granted, monopoly granting a company undivided rights to its product.
The set of compounds a company has in development.
A service organization that provides outsourced support for biopharmaceutical development, preclinical research, clinical research, and/or clinical trials management.
The world's largest developer of standards aimed toward establishing practices, requirements, and terminologies for products, services and systems.
A drug with more than one billion dollars in sales.
The acronym in pharmacokinetics to describe the settling of a pharmaceutical compound in the body.
A generic drug is _______ when it has the same chemical and biological properties as its patented counterpart.
An initial investment in a start-up company that can come from investment banks and/or groups of wealthy individuals.
A written description of what should be done and when so to ensure consistent, quality service.
A group of scientists and businessmen that provides objective feedback for the company.
DefinitionBusiness Termonology
A mandatory production and manufacturing practice aimed towards helping ensure the production of quality goods.
A measure of the rate at which a company spends capital before generating revenue.
The date when a patent application is received by the Patent and Trademark Office.
A compensatory payment to right holding patent holders and/or product developers.
The analysis of large quantities of biological information using computers and other information technology.
A registered name, symbol, or logo.
The first sale of company stock to the public.
A USPTO grant that gives a company the right to exclude others from practicing an invention.
The prescribing of a drug in a manner not approved by the FDA.
An exclusive right to publish, perform, display, and distribute an original product or work.

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