A group of people

Glossary of terms

O

Odontology

A science dealing with the teeth, their structure and development, and their diseases.

Oncology

The study of cancer.

Operating costs

Distribution costs; research and development costs; and selling, general and Administrative costs.

Operating profit

Sales, less cost of sales, less operating costs, plus operating income.

Orange Book

A publication of the US Food and Drug Administration that lists the patents relating to drugs approved for marketing and sale in the US, including patents which protect active ingredients.

Ordinary Shares

Ordinary Shares of $0.25 each in the capital of the Company.

Osteoarthritis (OA)

A joint disease which causes degeneration of the cartilage that lines the joints.

Outcomes study

A clinical trial (usually large) assessing the effect of a drug in preventing or delaying a specific and important medical event (for example the occurrence of a heart attack).

Over the counter (OTC)

A term used for medicines that can be purchased without a prescription.