For a first-order reaction, the equation for the concentration at time \( t \) is given by:
\[
\ln \left( \frac{[A]_0}{[A]_t} \right) = kt
\]
where \( [A]_0 \) is the initial concentration, \( [A]_t \) is the concentration at time \( t \), \( k \) is the rate constant, and \( t \) is the time.
Given that the drug becomes ineffective after 50% decomposition, we know that \( [A]_0 = 16 \, \text{mg/mL} \) and \( [A]_t = 4 \, \text{mg/mL} \).
Substitute the values into the equation:
\[
\ln \left( \frac{16}{4} \right) = k(12)
\]
\[
\ln(4) = 12k \quad \Rightarrow \quad 1.386 = 12k \quad \Rightarrow \quad k = 0.1155 \, \text{month}^{-1}
\]
Now, to find the expiry time, we use the same equation for 50% decomposition (i.e., \( [A]_t = \frac{[A]_0}{2} \)):
\[
\ln \left( \frac{[A]_0}{\frac{[A]_0}{2}} \right) = k \cdot t_{\text{expiry}}
\]
\[
\ln(2) = 0.1155 \cdot t_{\text{expiry}} \quad \Rightarrow \quad 0.693 = 0.1155 \cdot t_{\text{expiry}} \quad \Rightarrow \quad t_{\text{expiry}} = 6 \, \text{months}
\]
Thus, the expiry time of the drug is 6 months.