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TeachMeFinance.com - explain Chemical Type Chemical Type The term 'Chemical Type' as it applies to the area of the U.S. Food and Drug Administration can be defined as ' The Chemical Type represents the newness of a drug formulation or a new indication for an existing drug formulation. For example, Chemical Type 1 is assigned to an active ingredient that has never before been marketed in the United States in any form. (list of Chemical Types and their meanings)'.
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