Asked by Hilary

Describe three potential barriers to entry in the pharmaceutical industry.
Answered by Ms. Sue
Are you asking about a new company that wants to enter the pharmaceutical industry?

Answered by Hilary
Yes
Answered by Ms. Sue
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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