Drug Development (From Nature to the Market) The process of drug development is a complex one. The pharmaceutical industry is required to adhere to strict governmental regulations, set out by the Food and Drug Administration (FDA), which involve nu Continue Reading...
This relationship has an effect on the payment rates that CMS sets. Higher cost pharmaceutical therapies are systematically reimbursed below acquisition cost (i.e., the payment system is biased against full reimbursement for higher cost therapies). Continue Reading...
38 per share on the company's common stock for the first quarter of 2005. The dividend is payable January 3, 2005 to stockholders of records at the close of business on December 3, 2004. Growth in the ZETIA and VYTORIN franchises are expected to cont Continue Reading...
There are two constant irritations in U.S. pharma companies' relationships internationally: Some developing nations, such as India, Brazil and South Africa, are chipping away at the patent situation, trying to shorten the time until the drugs can Continue Reading...
For example, before its paten ran out, "the price of Schering-Plough's top-selling allergy pill, Claritin, was raised thirteen times over fives years, for a cumulative increase of more than 50%, over four times the rate of general inflation." In 200 Continue Reading...
Since its inception, the Food and Drug act developed into the Food and Drug Administration, which is responsible for oversight and administration of the rules. Once an application to test a new drug compound has been approved, it must pass a series Continue Reading...
McKesson Corporation (Mckesson) is an American pharmaceutical distributor with operations mainly in the U.S. The firm has been in operation since 1833, and boasts extensive market share, robust financial strength, and strong market power. The firm ha Continue Reading...
Pharmaceutical Ethics Issues Generally, business ethics is a concept that has not been upheld or exemplified to any high standard by the modern pharmaceutical industry. It is an industry frequently plagued by unethical marketing decisions and practi Continue Reading...
Patents in the Pharmaceutical Industry Intellectual property theft through piracy and counterfeiting has risen dramatically over the last couple of decades. As a result, the level of activity of pirates and counterfeiters has increased, and so has t Continue Reading...
Sick: The Untold Story of America's Health Care Crisis -- and the People Who Pay the Price. Brief summary of the book, including strengths and weaknesses Jonathan Cohn's "The Untold Story of America's Health-Care Crisis and the People Who Pay the P Continue Reading...
Corporate Social Responsibility in Indian Pharmaceutical Industry An Exploratory Study Outlook of CSR in India History of CSR in India Philanthropy in Indian Society Modern Form of CSR in Indian Society Profile of Indian Pharmaceutical Industry Continue Reading...
Johnson & Johnson: Three of the Five ForcesIntroductionJohnson and Johnson is a multinational pharmaceutical company that operates in a highly competitive industry. The three forces of competition in the industry, potential of new entrants, and power Continue Reading...
Pfizer The Economics of the Pharmaceutical Industry -- Focus on Pfizer Drugs Specify on some background of the company According to its official website, Pfizer Incorporated "discovers, develops, manufactures, and markets leading prescription medi Continue Reading...
Anglo American5-3. Because such a large percentage of its workforce consists of migrant workers who are more likely to acquire and spread HIV/AIDS, should Anglo adopt the policy of not hiring migrant workers? Should the South African government close Continue Reading...
Pharmaceutical Companies, Intellectual Property, and the Global AIDS Epidemic For this case study, six questions had been asked. The first one is: Should pharmaceutical companies distribute drugs at low cost in third world countries? What are the pr Continue Reading...
Drug use is on the rise among teens, and is an epidemic that must be stopped. In order to reduce the number of teenagers in the United States who use drugs, it is important to develop a comprehensive plan of intervention. The intervention must includ Continue Reading...
Abusing illegal drugs can give rise to crime and violence, even if they are used in an allegedly positive way to 'open up' and 'free' the mind. Even overusing antibiotics, and insisting upon taking them even though one's disease is likely caused by Continue Reading...
New communication technologies require stricter scrutiny, as well. The threat of reprisal is the most effective measure against intellectual property right infringements, and for this reason one of the most essential actions that can be taken in thi Continue Reading...
Pharmaceutical Industry The author of this report has been asked to review five Harvard Business Review documents from the recent years that relate to the pharmaceutical industry. From this review, the author is asked to summarize and offer several Continue Reading...
Industry and Regulatory Strategy The generic drug industry provides the public with pharmaceutical alternatives to branded big name prescription drugs. "In 2010 alone, the use of FDA-approved generics saved $158 billion, an average of $3 billion eve Continue Reading...
) (Wadhwa, Rissing, Gereffi, Trumpbour and Engardio, 2008). Clearly, it is important to have standards for all pharmaceuticals. Perhaps the WHO or WTO could monitor the quality control of this globally, adding a few cents per dose to help defray the Continue Reading...
pharmaceuticals in Russia. The writer provides an overview of the history of the topic as well as the current concerns in the field. There were five sources used to complete this paper. When the Soviet Union dismantled its communist regime and bega Continue Reading...
ability of drug developers to protect their intellectual property. The Me-too drugs According to Angell, a Harvard Medical School lecturer, the 'me-too' drugs are being put out in the industry in large amounts. They are similar to the present trea Continue Reading...
Drug Legalization This week, Columbian drug smugglers surgically opened six Labrador retriever and Rottweiler puppies and stuffed packets of heroin inside their bellies. Countless human beings have willingly stuck packages of illegal substances into Continue Reading...
Drugs and Alcohol Issues Many Americans have trouble getting to sleep. As a results they may turn to sleeping pills to help them get some ZZZs. How do you feel about the prescribing of sleeping pills for people to assist them with sleeping? Should o Continue Reading...
(Cussen, 2006, pp. 39 -- 48) The Role of the Church, Family, Community and Nonprofits Like what was stated previously, our focus will be on those organizations that are through: the church, family, community and various nonprofits. The basic idea Continue Reading...
14). Soon, Congress passed the Marijuana Tax Act, which was signed into law in 1937. Like the Harrison Act, the Marijuana Tax Act placed marijuana into the same category as the cocaine and opium drugs. It was now illegal to import marijuana into the Continue Reading...
As a result, this protection was removed to increase the supply and ensure that the public has access to affordable drugs. ("Pharmaceutical Companies," n.d., pp. 97-99) Some of the negative implications of this decision are that there could be larg Continue Reading...
It so happened that Russian doctor Karlov was trying to find patients for another clinical trial for an experimental drug, and Ershov fit the requirements to enter the study. "They told me the treatment was safe," says Ershov. "I trust my doctor com Continue Reading...
The Orphan Drug Act is an extension of these ethics, but veers away from utilitarianism. The principle at work with orphan drugs is more deontological in its nature because it uses massive amounts of taxpayer money to provide drugs for relatively fe Continue Reading...
Managed a team of 50 people that includes 10 direct reports. Grew Wal-mart drugs portfolio profit by $14 Million (+26%) through driving volume growth and reconfiguration of packaging offerings that drove significant cost savings. Responsibilities a Continue Reading...
Pharmaceutical Companies and Physicians: A Discussion The power of pharmaceutical companies cannot and should not be underestimated in any manner. Their power is immense as is their influence and more consumers need to understand how they constantly Continue Reading...
Doctors Drugs Although the Affordable Health Care Act represents a step in the right direction towards encouraging all Americans to avail themselves of medical services, the bill fails to address the root causes of problems in the system. The Americ Continue Reading...
Pharmacutical Industry What do you think the pharmaceutical Industry will look like in 10 years? Why? What do you think the pharmaceutical industry will look like in ten years? Why? Despite the sharp upturn in profits over the past twenty years fo Continue Reading...
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while compe Continue Reading...
Abstract This paper looks at the concept of legalizing marijuana nationwide. It examines what the current literature has to say on marijuana research, medicinal benefits, and legal history of the substance. It also includes a look at the economic ben Continue Reading...
addiction over the past several decades, that addiction, specifically drug addiction, has been present in society for most of mankind's presence on earth. Such addiction may have been known by other descriptions and may not have been known to be the Continue Reading...
The Social Problem of Drug Abuse Introduction Drug abuse started in my family with my brother Camilo. As a poor, migrant family, we had to move around a lot as my father was constantly looking for work. Eventually he obtained a steady job and our fam Continue Reading...
