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Select all the true statements about the innovative pharmaceutical industry in Canada:
Out of the 20-year patent period, how long is the typical market exclusivity period once a new drug has successfully completed clinical trials and obtained first global regulatory approval?
Out of thousands of compounds in initial stages of drug discovery, only a very small fraction makes it through phase 3 trials and regulatory approval successfully and costs 1-2 billion dollars.
Of the more than 7,000 medicines in development around the world, what is the top disease area where drugs are under development?
Most drug cost growth is due to increasing price of drugs.
PMPRB sets price ceiling, including price increases. CADTH makes listing recommendations based on cost-effectiveness/clinical effectiveness for public plans. Which of these two statements are true?