Essays on Pharmaceutical Companies

Purpose

This paper intends to investigate how well the Pakistan pharmaceutical industry’s supply chain system performs. The thesis aims to achieve this purpose by examining the transportation, outsourcing, logistics management, and government regulations, and how these factors influence the efficiency and effectiveness of the pharmaceutical industry of Pakistan. In particular, the paper provides insights into the performance related practices used in the Pakistani pharmaceutical industry. Consequently, it points out the need for more research aimed at capturing dynamics and specific operational characteristics of local networks for development and improvement. Further, by denoting the relationship between system practices and SCM ...

Business Requirements in India

Business Requirements in India

Titus (2007) revealed that the government laws and regulations of India are still being developed especially with regards to foreign investments. This is due to the fact that lobbying activities are normally being done through well connected individuals to influence business transactions (Titus, 2007). The outcome is the higher number of scams with regards to “lobbying” and the resulting effect is that the Indian legislators are perceived to be highly corrupt. The Indian law with regards to corruption is only seen in the Prevention of Corruption Act in 1988 and is perceived to be highly ...

The core values St. Leo’s represents is applicable to the debate surrounding the ACA. St. Leo represents and firmly believes in community and integrity. The ACA is reportedly designed to provide for the welfare of the community, meaning Americans at large. The issue surrounding the ACA is that many say the provisions lack integrity due to various different reasons. Regardless of these issues, integrity is often defined as doing the right thing, even when no one is watching. World leaders and policy makers have a responsibility to maintain integrity to benefit the communities in which they live, whether ...

Business Ethics

In the United States, drug companies enjoy a high-profit margin. It means that when purchasing different commodities, Americans incur high costs, unlike Canadians or Europeans. The drug industry has been noted as the most profitable sector in the economy in the last two years. The United States drug prices do not indicate a fair and competitive market since they sell only a handful of essential drugs with the aim of establishing a top selling market (Williams, 1985). Pharmaceutical companies have ethical responsibilities that contrast with that of small biotechnology organizations regarding research and innovation. For instance, CV Therapeutic is ...

There are so many diseases, conditions and disorders that can negatively affect human beings that are inconvenient, problematic and, some can be fatal. That said finding treatments and cures for these ailments is paramount, but not everyone is comfortable with the many different chemicals and drugs that are supported by physicians and the pharmaceutical industry. Some people have, do and will continue seek out different treatments, outside the traditional medical approaches. These different approaches are called “alternative medicine.” Alternative medicine can include choosing medicinal marijuana instead of prescription pain killer, faith healing and acupuncture. However, many argue that if ...

Law

Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety THAT PHARMACARE DID and examine whether PharmaCARE violated the law.  Be sure to identify the law in all these areas.   The ethical issue in marketing and advertising emanating from PharmaCare’s actions can be attributed to fair treatment in which the company corrupted the medical professionals in terms if illegally acquiring patient information for CompCare. Furthermore, the offensive actions committed by the company also includes concealing the changes in the composition of the drug and marketing it as treatment to ...

Intellectual Property Rights and Global Property Rights and Leasing Equipment

Intellectual Property Rights and Global Property Rights and Leasing Equipment Q.1. The existing fair usage exceptions strikes imbalance between the interests of the users and the copyright owners. For one, the exceptions are only limited to permit purposes such as news reporting, giving professional advice, criticism, and study. In this case, such exception does not provide a balanced treatment to the interests of the copyright users particularly in terms of their daily living. Furthermore, the exceptions are only limited to benefit specific users such as educational institutions, libraries, archives, and the media, which encompasses a failure to protect the ...

Investment Analysis

Pfizer is an American international pharmaceutical company that is headquartered in New York. It is among the largest pharmaceutical companies on the globe. The operational activity of Pfizer is to produce drugs and vaccines to overcome disease including cardiology, immunology, neurology, and oncology. The core products of the company are Lyrica, Lipitor, Diflucan, and Zithromax. There are more than 78,300 employees working in different cities associated with the organization. It believes in merger and acquisition to spread the business all over the globe through fulfilling legal requirements and social responsibilities of business. Pfizer was found in 1849, but ...

The life of Frank Netter

Frank Netter was born in Manhattan on 25 April 1906. He was an American surgeon. However, he is best known for his lifelike, aesthetic medical illustrations. He started his life with a passion for art. He got training as an artist at the Art Students’ League in New York City and the National Academy of Design. By the third decade of his life, he became a successful commercial artists, whose work continuously appeared in different national magazines (Quinnipiac University, qu.edu) including some of the best known publications such as The New York Times and The Saturday Evening Post. His ...

In healthcare, law and ethics may refer to the conditions that enable the medical practitioners and nurses to deliver high-quality services. There are instances where the human beings have been denied excellent services following exposure to improper handling by the medical practitioners. Also, there have been a number of ill practices in the healthcare sector that make the services for the patients unappealing. Some instances have indicated the relevance of ethics and ethical training, which has been ignored for some time. There are problems that have come up following lack of consideration of the ethics in the healthcare sector. ...

Animal testing is something that has come under the spotlight recently. Many consider it as an unethical approach to the testing of new drugs and products. It has led to the division of society in ways that suggests the need for the end of the practice. The purpose of this paper is to critically analyze and review the practice and draw conclusions on the different stakeholder positions and procedures.

Why Animal Testing is Controversial

Animal testing is viewed as something that has some negative moral connotations. This is because it implies taking a risk on an animal as a means of asserting whether a ...

The world has witnessed a phenomenal change since the nineties, following liberalization of economic policies by many countries which facilitated the entry of MNCs into international markets. Many companies manufacturing Electronic and FMCG items have benefitted from it immensely. Service providing business organizations like Banking, Tourism and hospitality have also exploited this opportunity to internationalize their operations. Globalization of business activities is the new doctrine for profitability and all Multinational companies are considering expansion strategies to gain entry into countries with promising growth opportunities. But experts are also of the view that markets for electronic items, food and drinks ...

According to a World Health Organization (WHO), it is estimated that one-third of the world’s population doesn't have regular access to vital medicines. More than 50% of populations in parts of Africa and Asia and more especially in India where the people lack direct access to the essential and most necessary drugs. Despite the fact that India has low drug prices, only a third of the population has access to essential medicines, and even fewer people would have access to these drugs with the introduction of pharmaceutical patents. Access to medication is a fundamental right for every human ...

Abstract

In the current health scenario, the old adage ‘prevention is better than cure’ is outdated ("A New Vision of Wellness", 2011). Health costs are increasing day by day, but diseases have become more prevalent than before. Incidences of impaired mental health are on the rise. Isn’t it high time that we stop and take a look at the current medical scenario? People are suffering from chronic diseases like asthma, depression, diabetes, heart disease, pain, and even attention and learning problems. Moreover, the pharmaceutical companies are always introducing newer and better medicines and expensive ones too, but still, there ...

The documentary OBS Frontline: The Medicated Child examines the dramatic increase in the number of children who are being diagnosed with serious mental disorders and how these children are prescribed medications that are not aimed at treating their conditions but whose viability is being tested on them. The documentary follows the lives of four families living in Denver, Colorado. The documentary shows how children from these families grapple with their conditions, their examination as well as how pharmaceutical companies, doctors and advocacy groups are involved in this web. The sociological concept that will be used to analyze the documentary ...

Vaccination for children

It is better to prevent it than to cure it. That is the advocacy of all the health organizations throughout the world. Vaccines are a type of weapon that can be used in order to shield oneself from the known diseases, and sometimes, with diseases that have yet to find remedy to them. A vaccine is a biological agent that is injected to our bodies in order to provide immunity to their corresponding ailment (WHO, n.d.). Nowadays, more and more diseases are discovered with the advancement of technology. However, not all are able to find the cure for all ...

Introduction

The only industrialized nations, which allow pharmaceutical companies to market prescription drugs to the consumers are the U.S. and New Zealand (Gibson, 2014). According to Mintzes (2012), the direct to consumer advertising of prescription drugs to the consumers has become very ubiquitous in the US. The debate about the public health impact of marketing the prescription drugs to the consumers has been controversial. The supporters of this form of advertising claim that it leads to positive outcomes while its opponents maintain that it results in negative effects. In my point of view, the marketing of drugs to the consumers ...