Medi-Cult

As defined by the American Heritage Dictionary a cult is “1) a system or community of religious worship and ritual 2a) a devoted attachment to, or extravagant admiration for, a person, principle, etc., especially when regarded as a fad b) the object of such attachment 3) a group of followers;” (Aronoff, 2000).

inflation and other factors. The idea here is to see if the clinic can "inflate" its way to profitability

For instance, the IVF technique involves use of hormonal stimulation using the follicle stimulating hormone (FSH). Looking at the pregnancy outcomes following IVM, you find that implantation rate is about 18% and live birth rates ranges from 15.9% to 33% per cycle (Chang et al, 2014). This item of information shows that the value delivered by the technique does not meet the customers’ expectations. This is a typical example of Price > Cost > Perceived Value as explained by Winer and Dhar (2011 p.251). Medi-Cult’s competitors include the large scale pharmaceutical companies like Wyeth who supply the hormones, FSH, used in IVF technique and Medi-Cult company which supply Cell culture media just like IVM.

Generally consumers have very little bargaining power as medication is prescribed. Apart from US where there is pricing flexibility, governments in other markets enjoy substantial pricing leverage.

Everyone is in a consumer’s hypnosis, even if you think you are not. When you go to a store and pick one brand over the other, you are now under their spell. The spell/ hypnosis is how companies get you to buy there things over other companies and keep you hooked. Either through commercials or offering something that you think will make your life better by what they tell you. For example, you go to the store and you need to buy water, once you get to the lane and look, there is 10 different types of water you can buy. You go pick one either because the picture is better or you seen the commercial the other day and you want it. During the length of this paper we will talk about two important writers, Kalle Lasn the writer of “The Cult

With a government measurement, the CPI is calculated by gauging price changes across a wide array of products and weighing these changes against the percentage of income that typical consumers spend to purchase these products. The weighted-average compound annual growth rate of Johnson & Johnson net price increases for prescription, and over-the-counter medicines, and hospital and professional products has been below the U.S. CPI for many years. Johnson & Johnson has participate in strategic, innovative and equitable pricing strategies for a wide variety of diseases. For example, it Global Access & Partnerships Program (GAPP) provides sustainable and affordable access to it HIV medicines through “special effort” access (not-for-profit) pricing in sub-Saharan Africa and Least Developed Countries outside of

No one has ever been able to articulate just what makes a cult, and what makes a religion different. Yet most people, when listing mainstream religions, name Christianity, Judaism, Islam, Hinduism, and Buddhism, among others. These religions have existed for thousands of years and have millions of followers; they have thus earned a degree of respect even from outsiders. However, Mormonism—the tradition of the Latter Day Saints movement—is considered strange, and by some, a cult. In the modern age, many consider its very premise a hoax. Mark Twain criticized the Mormon holy scripture, calling it “chloroform in print” (Turner 229), and Jacob Weisberg (editor of the Washington Post) called Joseph Smith, the founder of Mormonism, “an obvious con man” (Ostling xv). Yet

Prescription drug prices are on the rise in the United States. Currently, the United States does not implement a price control on prescription drugs. Every day the supply and demand for prescription drugs fluctuates. Pharmaceutical companies produce drugs that are necessary for survival. Therefore, it is necessary for research and development to continue in the United States. Those suffering the effects of exorbitant prices must do so until a generic form of a prescription drug is produced. Once approved by the FDA, new drugs will make their appearance on the market and patients will no longer suffer financially. Until then, it is necessary for pharmaceutical companies to price their drugs based on the idea of supply and demand. This produces the profit used to fund research. Price controls discourage innovation. If a price control were set in place, of course the price of prescription drugs would decrease. However, the development of new drugs decreases with it. Today’s generation would benefit from lower prices, while future generations would suffer from the loss of drug innovation.

Most of the developed countries control the costs by having government play a stronger role in negotiating the drug prices. These countries do not have high administrative cost as compared to USA, they have ability to lower the drug cost, medical equipment and hospital costs. So it is hoped that in USA more families will covered under insurance and preventive care encouraged the cost will be come

It is estimated that there are between 2,000 to 5,000 cults in the United States. Many do not gain national attention until something implodes with violence, gets extremely costly or has a sensational side. For the purpose of this exploratory, cult will be defined as, “a system of religious veneration and devotion directed toward a particular figure or object” (Merriam Webster). Cults are deemed as mind-control systems, and have religious practices typically known as sinister. Jim Jones of the Jonestown massacre and the Peoples Temple leader, Charles Manson leader of the Manson Family, and David Koresh of the Branch Davidians are just a few of the notorious cult leaders in history. These individuals have a common characteristic of pathological

To pricing Angiomax, we could have calculated a price which can cover $30 million upfront costs and continue development the Medicines Company committed, $3 million on marketing and entertaining, variable cost for drug manufacturing, plus certain profit margin in pharmaceutical industry. We do think, however, this calculation won’t reflect the market situation and won’t fit in future strategic development of the Medicines Company. Not to say to maximize return for the company.

There is not a set, universal definition of a cult. When looking at multiple sources or even making a quick search on the internet, many contradictory statements and definitions are brought about, most of them carrying a negative connotation. Upon hearing the word “cult,” one tends to associate it with satanic rituals, black magic, murder, and many other dark, mysterious things. In its simplest form, a cult seems to be a group of people with a charismatic leader. However, this definition is not complete. The definition of a cult can be subdivided into two categories: the benign or positive cult, and the bad or destructive cult. In a benign cult, the leader will share leadership with other group members. The cult as a whole

     The word cult is defined as an alternative religion. Most cults are started because someone doesn’t like the way the world is, and feels that his/her church isn’t doing anything to make it better, so they leave and create what they believe to be the perfect religion. Then this person strives to make others believe as they do so they will join (Miller, 1991, p. 15). There are somewhere around 3,000 to 5,000 of these cults throughout the United States, but only 75 to 100 are documented (Miller, 1991, p. 15-16). Satanism is the oldest form of such cults. A few other commonly known cults are Reverend Jim Jones and the People Temple, Heavens Gate, and Charles Manson and the Family.

(in conjunction with the image of Daniel in the lion’s den) refers to a Jewish “penitential” prayer that acknowledges the “miraculous intervention of God in response to the prayers of his people in [times of] great difficulty.” These themes may have then been used by early Christians to highlight their own struggles in forming the early church, thus giving rise to popular images of Jonah and Daniel in Christian catacombs. Thus, just like how early Christians gave meaning to pagan figures in a variety of ways, they drew upon Jewish heritage to give meaning to the spiritual aspect of the early Church.

According to the first CI, it is morally wrong to sell these medical drugs at such a high cost, especially when it does not cost relatively as much to create the drug. Looking at the act universally, we can determine that if everyone had a product that they placed on the market and charged a tremendously greater amount than the cost to produce the product/service, then our economy would most likely collapse. There is no real necessary need to make such a huge profit margin. Also, considering Kant's belief that every change has a reason and we may understand there is no reason for these companies to charge such a high price. Especially because most of today's society falls under the middle to lower class and only a small group of wealthy individuals will be likely to survive. Therefore, the maxim cannot be willed as universally acceptable and will be considered as an immoral act.