The purpose of the proceeding is to gather and distribute the decedent's assets. Understanding the terminology used in probate aids in reviewing probate file documents and determining the disposition of the taxpayer's assets. Common terms used in probate include: Testate-person who died testate had a will.he purpose of the proceeding is to gather and distribute the decedent's assets. Understanding the terminology used in probate aids in reviewing probate file documents and determining the disposition of the taxpayer's assets. Common terms used in probate include: Testate-person who died testate had a will.
The Orphan Drug Act 1983 (P.L. 97-414) as it amended the Federal Food, Drug and Cosmetic Act (FFDCA), and subsequent amendments, have shaped the US Orphan Drug Program. Under the FFDCA, the developer of an orphan drug product is guaranteed seven years of market exclusivity after FDA approval of the product.Drugs, biologics, medical devices and medical foods (mainly parenteral nutrition and nutraceuticals) can be given âorphanâ status.nder the FFDCA, the developer of an orphan drug product is guaranteed seven years of market exclusivity after FDA approval of the product. Drugs, biologics, medical devices and medical foods (mainly parenteral nutrition and nutraceuticals) can be given âorphanâ status.
Designation as an Orphan Drug does not alter the standard FDA regulatory requirements for drug safety and efficacy that must be established through adequate and well-controlled clinical studies, nor does it mean that the drug is safe and effective or legal to manufacture and market in the United States.esignation as an Orphan Drug does not alter the standard FDA regulatory requirements for drug safety and efficacy that must be established through adequate and well-controlled clinical studies, nor does it mean that the drug is safe and effective or legal to manufacture and market in the United States.