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Can anyone or Prof please explain what it means by orphan drug...

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    Can anyone or Prof please explain what it means by orphan drug status? Why is it good for PRR? etc.

    Sorry, I am pretty new in this area.

    Wiki as reference is ok. I know I can do a google search, but I think it is better that someone who knows these thing explain it in a short and nice, straight to the point kind of way; Also good for people who read this thread to gain more understanding.

    Thanks!
 
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