The Pharmaceutical Industry And Society

1686 Words7 Pages
Abstract
The dependency of profits to promote sales to please shareholders and research and development of new products seem to be the mindset of the pharmaceutical industry. It is without question that the pharmaceutical companies only care about making a profit more than they do to help the people of the United States. Pharmaceutical companies and doctors that represent them are only acting in their own best interest; patients are the ones who are suffering the most. With that, new information being produced it is not always being fully disclosed in the fine print, or the other option to the drugs they take, this just only helps fuel business’s.
This paper will tempt to tell the ethical issues of the relationship that the pharmaceutical
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Main concern of Pharmaceutical Industry Marketing and priorities of the pharmaceutical industry have been a dilemma for years. Scare- mongering has been increased on the importance of drugs (Shah, 2010). For example, executives at Mylan, a pharmaceutical company that owns Epipen, reportedly reaped in nearly three hundred million in compensation from 2011 to 2015 (Tuttle, 2016). Heather Bresch, the CEO of Mylan, was accused of jacking up the price by 600%; her response was to blame the “broken health system”, Obamacare, and the rise of high- deductible health insurance plan. But should this be the case to do these to millions of families who can barely afford something that take thirty dollars to make and jack the price up to seven hundred dollars? We live in a greedy nation that is only there to take from one another. When people see this you can only think of how the pharmaceuticals being an “industry” it basically prioritizes that revenue comes before the needs and cures to the human society.
Advertizing, only help boost with sales, with the previous example it was noted that it was encouraged that the states to be required to purchase these Epipen’s to fight life-threatening allergic reactions. It so happens to be that the CEO of Mylan, mother was on the National School Boards during these years. It also does not hurt to have your dad as the
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