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March 25, 2017

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Describe three potential barriers to entry in the pharmaceutical industry.

  • Health Administration - ,

    Are you asking about a new company that wants to enter the pharmaceutical industry?

  • Health Administration - ,

    Yes

  • Health Administration - ,

    A new pharmaceutical company needs to make sure that it has

    * sufficient expert scientists to develop new drugs

    * sufficient means to test these new products

    * enough capital to get through the early developmental years.

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