Orphan Drug
Definition: A category created by the Food and Drug Administration for medications used to treat diseases that occur rarely (less than 200,000 cases) or where is no hope for recovery of development costs, so there is little financial incentive for industry to develop them. Orphan drug status gives the manufacturer specific financial incentives to provide the drug. Orphan drugs are controlled by the FDA's Office of Orphan Products Development (OOPD).
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