Drug Trials One of the Term Paper

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By upholding Western standards of ethics for drug trials, a company will not only meet its ethical obligations but will also ensure a higher standard of research. Clinical trials in emerging markets will still be cheaper than in Western markets, because the research staff will earn less, and because payouts to test subjects can be adjusted for living costs without violating ethical norms. Also, because standards provide structure, the quality of the research will be improved by applying Western standards in lieu of local standards.

Thus, the strongest ethical case lies for managing drug trials in emerging markets much as they would be managed in the West. The trials need to meet the specifications of the FDA anyway, and even with Western standards the cost of foreign drug trials will be lower.
Additionally, when the drug company is free from the perception of ethical violation, not only will the results seem stronger, but the company will not face criticism in the home market from activist groups. The more this issue comes to light, the more likely it is that the issue of unethical practices in overseas drug trials will become an issue among domestic consumers.

All told, it is important to remember that the outcomes of drug trials will be improved when Western standards are applied. Not only is it good ethical practice to adhere to a consistent ethical standard throughout the company no matter where it operates, but the improved quality of the results will benefit the company as well.

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