CHECK THESE SAMPLES OF Ethical Dilemma of the Drug Company
In this paper categorical imperative will be used to solve this dilemma of drug advertisement.... In advertisement no company can tell everything about a drug therefore there will be chances of misunderstanding.... drug advertising is banned in many countries because of the possible harmful consequences of the practice.... There are ethical consequences of legalizing direct-to-customer drug advertising.... Children might also suffer from drug advertisements as they are not mature enough to fully understand the side effects of a medicine....
3 Pages
(750 words)
Essay
Research need to be conducted to ensure that the drug introduced to the market can compete perfectly.... the drug should also meet the target population needs; it should be in a position to solve their problems.... Legal Barriers to Market Entry Legal requirements have to be followed by the drug manufacturers to ensure that they enter the market with legal approval.... In addition to the 30 month stay per application, the FDA tightened control on the types of patent claims submitted by the innovator company....
4 Pages
(1000 words)
Essay
On the other hand, the lack of issuing of publication will mean that no one will know of the drug and hence the whole process of research and trial will have just been a waste of time and money and hence a loss which many pharmaceutical companies cannot handle (Verdu-Pacual and Ponce, 2001).... The clinical trial may be marked with several problems which may render the drug unfriendly to most people.... If this information is released to the public through the findings, the drug may either be banned from manufacture and production or harm many people....
2 Pages
(500 words)
Essay
"ethical dilemma, Professional Organizations Issue Rules and Regulations" paper states that ethics and duty are intertwined although duty is superior to ethics.... ethical dilemmas may haunt a person but the true value of human life can be accomplished only when he fulfills his duties as a human being.... eing ethical is to be dutiful and responsible.... To be ethical is to follow the goals in life....
6 Pages
(1500 words)
Assignment
The branded drugs usually rely on the brand reputation that the drug company has built up for several years.... One ethical dilemma that can be involved in the requirement to use generic labels is that medical professionals may honestly believe that Prozac is more than any other fluoxetine.... Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its most profitable prescription drugs....
5 Pages
(1250 words)
Research Paper
the drug development process is time-consuming, dicey and costly.... An approving review would allow Pfizer to sell the drug in the United States, the world's largest market both for adults and children.... ut it was having trouble finding the sufficient number of sick children in the United States to test the drug on.... Then in early 1996, an emerging epidemic of bacterial meningitis in Kano, Nigeria presented Pfizer a quick way to test the drug on a large number of sick children....
5 Pages
(1250 words)
Assignment
Lucky enough, the body endowed with the responsibility of monitoring the trial, Data Safety and Monitoring Board (DSMB), identified some side-effects of the drug within the trial process.... The overall clinical trial took several months due to tests on alleged side effects the drug could have on patients such as gastro-intestinal problems as compared to other drugs of the same category such as naproxen (Parker, 1998).... the drug was identified by DSMB as highly associated with cardiovascular effects....
6 Pages
(1500 words)
Assignment
Ethics can be defined as the issues relating to the nature of morals in addition to certain moral choices that should be made by an individual, institution, or company.... GSK's roles as a pharmaceutical company entailed research, production and development of drugs.... All these roles implied the company was entrusted with the role of promoting and sustaining human health.... However, the company seemed to have failed on its moral obligation in fulfilling the duty as it was involved in a range of unethical practices....
18 Pages
(4500 words)
Report