Pharmaceutical Companies, The Drug Industry, And The...

Pharmaceutical companies, the alcohol industry, and the government want to kill me -- okay no need to break out the tin foil just yet. I know that pharmaceutical companies, alcohol industry, and the government did not look down a list of names and pick me out. However, me and many patients like me are suffering from the negative side effects of prescription drugs that could be substituted out with medical marijuana, are being directly harmed by the fight by alcohol producers to obstruct laws, and politicians who refuse to listen to the most fragile among their populous. Pharmaceutical companies are actively lobbying against legalization, and decriminalization of marijuana/cannabis, the alcohol industry tries to divert the critical eye on†¦show more content†¦But the harshest effect was on the ability of the medical profession to prescribe, test, or research marijuana to further bolster its position of the medical uses, and viability of marijuana as a treatment option. This blockade coupled with a massive smear campaign on marijuana itself solidified the demonization of it in the public and political eye (Faupel, Charles E, et al 2014: 53-54). The alcohol industry would rather the public use their drugs, than allow marijuana to be legalized, thus impacting their sales with the public. They publicly remain reserved, yet speak on the concerns the new industry could pose that they, as having already fielded the minefield of prohibition, are well versed, and how to regulate marijuana. They state the key concern is drugged driving yet studies have shown a decrease in traffic fatalities in the states that have already legalized marijuana. (Santaella-Tenorio, et al., 2017). The alcohol industry would rather spend more time pointing fingers at regulating marijuana, and potential drugged driving issues, than to look at their own negative impact on society in terms of health, criminal, and driving accidents and deaths. By trying to feed into the narrative of marijuana has no valid use in society; they hope to take the focus off their blaring impact – addiction, traffic fatalities, and health issues. Even with political, even presidential, smearShow MoreRelatedParkin Laboratories : Sales Force Effectiveness Essay1004 Words   |  5 PagesParkin Laboratories (Parkin), an innovative generic pharmaceutical company, whose main core business foundation was built and based on selling large volume of low-priced medicines to take advantage of both affordability and popularity. In 2013, with the arrival of new government policy regarding the pricing scheme for the pharmaceutical products, none of the pharmaceutical laboratories would sell their products above the ceiling set by government in terms of pharmacy product prices. Now they needRead MoreJournals Should Stop Publishing Papers Backed By Pharmaceutical1428 Words   |  6 PagesJournals should stop publishing papers backed by pharmaceutical companies. The main reason for this is that these papers cannot be trusted. Pharmaceutical companies conduct research with the goal of coming up with new products. Not new cures. This is why th ey use clever techniques to manipulate data, hire ghost writers and bury research that does not give them favorable results. As Tom McGarity narrates in his book Bending Science, How Special Interests Corrupt Public Health Research: The strategyRead MoreEssay on The War on Pharmaceutical Companies1171 Words   |  5 Pagesanother, everyone is going to stand as a victim of the pharmaceutical industry. The bottom line is Americans are paying excessive amounts of money for medical prescriptions. Health-Care spending in the U.S. rose a stunning 9.3% in 2002, which is the greatest increase for the past eleven years. (Steele 46) Many pharmaceutical companies are robbing their clients by charging extreme rates for their products. It is said that name-brand prescription drugs in Canada cost approximately 40% less than they doRead MorePharmaceutical Industry : United Kingdom, Usa Essay1628 Words   |  7 Pagesmain hub of pharmaceutical industry are in United Kingdom, USA. New Zealand is far away located from these countries and has a population of 4.4 million and has got less number of pharmaceutical industries. The statistics figure show that there were only two compounds developed during 2001 but due to increased in the government funds from $16.3 million in the year 2000-2001 to $43.1 million in the year 2006-2007 the number increased to 12. The success and profit of a pharmaceutical industry depends onRead MoreEssay about The New Trade Theory1326 Words   |  6 Pagesa large scale of output† as it is able to spread over the fixed costs over a large volume of quantity (Wickramasekera, Cronk Hill 2013 p90). â€Å"First-mover advantages are the economic and strategic advantages that accrue to early entrants into an industry and the ability to capture scale economies ahead of later entrants† (Wickramasekera, Cronk Hill 2013 p91). The new trade theory however, is not free from criticism. Although the theory has achieved great success academically, there is little toRead MoreThe Ethical Appropriateness Of Direct Consumer Advertising Of Drugs Essay1246 Words   |  5 Pagesof direct consumer advertising of drugs? I believe in the case where pharmaceutical companies are advertising with television commercials or paid advertisements within magazines are well within moral and good ethical standards. Consumers can choose to remain on the same television channel or read an advertisement within a magazine to become more educated about a specific pharmaceutical. However, in the case referenced in the article, where a pharmaceutical company sent representatives into supportRead MorePharmaceutical Companies And The Pharmaceutical Industry1664 Words   |  7 PagesThese pharmaceutical companies can increase their prices dramatically without the fear of losing profits because there is a lack of competition in their field. Since there is no other companies in the field to compete prices with, companies like Turing Pharmaceuticals can dramatically increase their price to increase their revenue. Even prior to Turing Pharmaceutical’s price increase, there was no competitors and large profits were be ing made. What is odd about this situation is that despite theRead MoreAnalysis Of Oryx And Crake By Margaret Atwood1619 Words   |  7 Pagesby pharmaceutical companies. Snowman, who used to be known as Jimmy, lives in isolation as the human population has been wiped out by a disease that was spread through a drug meant to prevent aging. This was at the hand of his boss and childhood friend, Crake, who wanted to make way for a new race of genetically engineered humanoids that are designed to never experience the ills of modern human society. Before these humanoids, or â€Å"Crakers,† had come into existence, pharmaceutical companies ownedRead MoreEthics779 Words   |  4 PagesEthics in the Pharmaceutical Industry Business Law Ivy Tech Community College Tamara Baxter September 20, 2013 The pharmaceutical industry has a difficult task when it comes to doing the right thing, put people or profits first (Weber, 2006). To keep their operations operating they must approach a duties-based ethical approach because the lives of their stakeholders are literally at risk. A religious ethical standard would mean not to falsely proclaim that a drug does somethingRead MoreThe Glbal Phamaceutical Industry1609 Words   |  7 Pages : 19852274 Assignment Title : The Global Pharmaceutical Industry. Date : 10 March 2012 Programme : BTECH-MANAGEMENT IV Question 1 Identify the main environmental forces currently affecting the global pharmaceutical industry? PESTEL analysis of the global pharmaceutical industry: Political * Governments set stringent regulation and is a powerful purchaser. * Governments around the world focus on pharmaceuticals as a politically easy target in their efforts to control