preview

Drugs and Ethics Essay example

Good Essays
Open Document

Ethics and law do not always go hand in hand. Not every law is ethical, and even if a law is considered ethical on its surface, it may result in unethical outcomes. "Ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.” The pharmaceutical industry confronts several dilemmas every year. Most of these dilemmas revolve around money or whether or not to sacrifice now for a bigger payoff in the end concerning money and/or lives. Pharmaceutical companies tend to use shortcuts that create ethical problems. Drug companies have spent millions/billions of dollars in research, and they obviously want to see …show more content…

Drug companies that use humans as a means to an end usually end up making the most money, but if every business employed this method, the end result would be catastrophic. Humans have fundamental rights. Pharmaceutical companies can severely impede on the basic rights of others. At the same time, companies have to weigh whether or not impeding on the rights of others is worth saving millions of lives. Pharmaceutical companies should never test on unwilling individuals, but there is a gray area between what is ethical and what is unethical when it comes to sacrificing to save millions. Utilitarianism focuses more on the consequences of an action. Using this method, if an action "produces the greatest amount of good for the greatest number," the action is ethical. Pharmaceutical companies should perform a cost-benefit analysis to assess the effects of a certain drug and/or decision. After this assessment, drug companies should choose the option that produces the greatest amount of good. By following this method, sometimes an action may not seem ethical at first, but utilitarianism focuses more on the end result, and this is what pharmaceutical companies usually use to determine how to react to a certain situation. The corporate social responsibility states that "corporations can and should act ethically and be accountable to society for their actions." Pharmaceutical companies work to save lives and make a profit. Individuals should make sure that

Get Access