Economic Characteristics of the Healthcare Industry Essay Assignment Paper

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Economic Characteristics of the Healthcare Industry Essay Assignment Paper

In this Assessment, you will use information from the case scenario below, along with the supporting documents provided, to demonstrate your ability to apply economic concepts to make recommendations for organizational decisions.

Case Scenario: Launching a Cancer Drug: Comanapracil

You are a pharmaceutical executive. You believe that your firm, Ropache, may have developed a promising new drug, Comanapracil, which seems to arrest the progress of breast cancer for 2 years with no significant side effects. Clinical trials suggest that the drug is 100% effective for 2 years. After 2 years, tumor growth resumes at the same rate. Therefore, Comanapracil can only be used for a 2-year course, after which it loses its effectiveness.

Professional Skills: Written Communication, Technology, and Critical Thinking and Problem Solving are assessed in this Competency

Your response to this Assessment should:

· Use the Assessment documents and video as required.

· Reflect the criteria provided in the Rubric.

· Adhere to the required assignment length.

· Use the APA course template.

· Download the Writing Checklist to review prior to submitting your Assessment.

Instructions

Before submitting your Assessment, carefully review the rubric. This is the same rubric the assessor will use to evaluate your submission and it provides detailed criteria describing how to achieve or master the Competency. Many students find that understanding the requirements of the Assessment and the rubric criteria help them direct their focus and use their time most productively.

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