Free Practice Question
CR · Critical Reasoning
555-605
Strengthen
The pharmaceutical industry argues that because new drugs will not be developed unless heavy development costs can be recouped in later sales, the current 20 years of protection provided by patents should be extended in the case of newly developed drugs. However, in other industries new-product development continues despite high development costs, a fact that indicates that the extension is unnecessary.
Which of the following, if true, most strongly supports the pharmaceutical industry’s argument against the challenge made above?
Answer Choices
Correct answer marked belowA
No industries other than the pharmaceutical industry have asked for an extension of the 20-year limit on patent protection.
Clinical trials of new drugs, which occur after the patent is granted and before the new drug can be marketed, often now take as long as 10 years to complete.
Correct
C
There are several industries in which the ratio of research and development costs to revenues is higher than it is in the pharmaceutical industry.
D
An existing patent for a drug does not legally prevent pharmaceutical companies from bringing to market alternative drugs, provided they are sufficiently dissimilar to the patented drug.
E
Much recent industrial innovation has occurred in products—for example, in the computer and electronics industries—for which patent protection is often very ineffective.
See the full step-by-step explanation
You can see the correct answer above. Sign in for free to unlock the complete worked solution.
Track your performance and improve
Get detailed analytics, unlock full explanations, and move up difficulty tiers as you practice.
Explanation
Unlock the full explanation
Create a free account to reveal the correct answer, see the step-by-step explanation, and start tracking your GMAT progress.
Comments
Sign in to join the discussion
No comments yet
Be the first to share your thoughts and help others understand it better.
Sign in to commentWhat this question tests
What it tests
Whether you can identify the option that most bolsters an argument's conclusion.
Common trap
Choosing an option that is consistent with the argument but adds no new support, or that shifts the topic.
Details
Difficulty
555-605
Type
CR