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Business, 23.07.2019 19:00 ahmedeldyame

Apharmaceutical company has created a new drug and has obtained a patent for it. the government allows the company to hold the patent on the drug for 20 years. how does this financially benefit the company? the company will be able to charge other manufacturers who want to produce the drug. the company financially benefits as the exclusive provider of the medicine. the company will get scientific recognition for its work in developing the medicine. the company will be able to use the patent to convince scientists to work in its lab.

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