Ethical Issues Within The Pharmaceutical Industry Essay

In this paper, I will cover ethical issues within the pharmaceutical industry, present opinion on Direct-to-Consumer marketing by drug companies, determine the parties responsible for regulation of compounding pharmacies, PharmaCARE used U.S. law to protect its own intellectual property, summarize at least one current example of intellectual property theft, analyze the potential issues surrounding the death of John’s wife, and lastly present major arguments that John can claim as a whistleblower. Ethical issues within the pharmaceutical industry PharmaCARE created a wholly-owned subsidiary called CompCARE. This company became PharmaCARE compounding pharmacy to sell the drug called AD23 to individuals on a prescription basis and also used this company to avoid the Food and Drug Administration’s (FDA) scrutiny. The first problem that I see here is the company appears to have skipped all of the drug testings to determine if there are any problems with the AD23 drug. Instead the company jump on the idea that this drug might slow the progression of Alzheimer’s disease. But again, there is no medical research on the creation of the drug and also the research of any tests to support the safety of the drug and also the documentation of the slowing the progression of Alzheimer’s disease. Hence, why they avoided the Food and Drug Administration’s (FDA). Next unethical problem is CompCARE benefited from PharmaCARE’s reputation, databases, network s, and sales and marketingShow MoreRelatedEthical Issues Within The Pharmaceutical Industry Essay1297 Words   |  6 Pagescover ethical issues within the pharmaceutical industry, present opinion on Direct-to-Consumer marketing by drug companies, determine the parties responsible for regulation of compounding pharmacies, PharmaCARE used U.S. law to protect its own intellectual property, summarize at least one current example of intellectual property theft, analyze the potential issues surrounding the death of John’s wife, and lastly present major arguments that John can claim as a whistleblower. Ethical issues withinRead MoreThe Ethical Appropriateness Of Direct Consumer Advertising Of Drugs Essay1246 Words   |  5 Pagesjudgement on the ethical appropriateness of direct consumer advertising of drugs? 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