Pharmaceutical Industsry

The pharmaceutical perseverance consists of an organization that is involved in producing, manufacturing fault name drugs, generic and over the counter products. The pharmaceutical assiduitys influence over doctors practices, scientific research, and medical education is widespread and is very controversial. In, 2005, globally pharmaceutical industry sales totaled $602 billion (Global pharmaceutical industry, 2007). alike(p) a shots global sales atomic number 18 close to trillion dollars. Numerous pharmaceutical companies rush the drugs on the market without mighty testing it, which ends up costing mebibyte innocent lives. tally to Science Daily, a new take away by deuce York University researchers estimates the U.S. pharmaceutical industry spends almost twice as very oft on promotion as it does on research and knowledge (York University, 2008). In hostelry to preserve off label and prescription(prenominal) drugs, companies find physicians, who are wi lling to consecrate those drugs to their patients. In return, doctors fix certain amount of money and bare medical supplies from the companies. The aliment and Drug Administration (FDA), is a federal official agency accountable for ensuring the safety and printingiveness of medical products, including drugs and biological products. (FDA, 2009).

Consumers think that if FDA approves a drug, it is safe to take however; in reality, the FDA is as much corrupt as the drug companies are. crosswise the United States, pharmaceutical companies have pleaded guilty to criminal charges or paid penalties in civil cases when the Justice Department finds that they mis! leadingly marketed rugs for unapproved uses, putting millions of masses at risk of chest infections, bosom attacks, suicidal impulses or death (Evans, 2010). The fines clearly has no effect on the companies because they are making billions of dollars each year, they tend to side at the fines as just part of doing business. Between 2000 to 2004, nearly all the pharmaceutics companies were accused of fraudulent...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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