Wisconsin MPJE (Pharmacy Jurisprudence) Practice Exam

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The Hatch-Waxman Amendment is also known as the...

  1. Drug Price Competition and Patent Term Restoration Act

  2. Medical Device Amendment

  3. Federal Food, Drug, and Cosmetic Act

  4. Controlled Substances Act

The correct answer is: Drug Price Competition and Patent Term Restoration Act

The correct answer is A. Drug Price Competition and Patent Term Restoration Act. The Hatch-Waxman Amendment, enacted in 1984, is officially known as the Drug Price Competition and Patent Term Restoration Act. This legislation aimed to streamline the process for generic drug approval while also providing incentives for pharmaceutical innovation by extending patent protections for new drugs. The other options listed are incorrect as they refer to different laws or amendments in the United States.