Orphan Drug at Medical Drugs Glossary

What is Orphan Drug? The FDA grants Orphan Drug status to one company for a drug that is believed to substantially increase the life expectancy of the treated patient for a particular disease. This excludes other companies from receiving an FDA license to produce a similar drug for a finite period (usually 7 years), thereby allowing the company producing the drug to recuperate their R&D expenses.

Medical Term & Definition Added By: Alex

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