In my opinion, DTC by pharmaceutical companies should not be permitted in the United States. The reason is that human life is sacred and people health is really important. Therefore, the field of healthcare should be highly regulated and taken very seriously. DTC Advertising has many advantages but can also be very damageable, people can misinterpret information, and pharmaceutical companies can have unethical behaviors to make more profit. So, healthcare specialist should be the intermediary between pharmaceutical companies and the public.
There are many reasons to why these companies are greedily taking advantage of customers. The number one reason is because people who are need of these prescriptions have no other choice but to purchase them. Why does not America do something about these rip-off companies? In 2001 George Bush promised to lower the amount spent on prescriptions for the citizens, but in 2002, Americans spent $162.4 billion on prescribed drugs. (Steele 47) Drugs prices are not likely to fall back down to what they were years ago.
The government and FDA should be put in question to why these things are happening. Almost 5 billion dollars are used for prescription drug abuse and yet it seem like the government is doing a horrible job at controlling the problem. The fact that they have allowed companies to do as they wish for the most part should create new waves of protest. The fact is that medical companies and doctors are not the only ones to blame on how the companies run and how far they reach. You can’t tell separate doctors from pharmaceutical companies.
The relationship between doctors and drug companies has been well established and well documented. Major news media resources like The Atlantic, as well as professional peer-reviewed journals like the New England Journal of Medicine cover stories addressing the potential ethical puzzles between physicians and pharmaceutical companies. Shaywitz (2013) has described the problem as “a bunch of wicked pushers who pay off vulnerable doctors to prescribe their latest expensive, mediocre product,” while still defending the special relationship that has developed between doctors and pharmaceutical companies (p. 1). Shaywitz’s (2013) argument is based on opinion on estimate only. Most established professional journals imply that collusion between doctors and drug companies leads to a range of problems that potentially harm patients.
It affects everyone involved with medicine, which is much of the American public. It also affects the physicians and drug makers. Government factors into the equation of the argument. Critics of the drug industry say that there is not enough regulation, while supporters of the pharmaceutical companies argue that there is too much regulation and that that is one... ... middle of paper ... ... near future. They key to this is that people forget about how much money they make and to simply just work for the betterment of mankind.
Obstruction of Generic Pharmaceuticals in the Marketplace It has been estimated that most of the major pharmaceutical companies have engaged in some unusual practices to keep generic equivalents of their products from entering the marketplace. These measures usually have a negative effect on consumers and health care plan providers, prohibiting them from buying equally effective products at a discounted rate. The objective of the major pharmaceutical companies in attempting to prevent generics from entering the market is clearly to provide their shareholders with exceptional profits. Some would argue that there is a morality argument to be made against “big pharma” in these cases of market manipulation. We will explore the moral argument as well as the effects on the stakeholders of major pharmaceutical companies.
Selling Sickness reveals the marketing techniques of the world's biggest and most powerful drug companies. These industries are now aggressively targeting the healthy and well households and individuals throughout the world. Promotional campaigns are being used to exploit some of human's deepest fears: death, illness, and disease. The $500 billion pharmaceutical industry is practically changing what it means to be human. Pharmaceutical companies have been rightfully rewarded for saving millions of lives and reducing suffering, but this book argues that the lines are being crossed from reaching from the ill to merchandise to the healthy.
While the drugs main purpose is to help the sick, you cannot say the same for the pharmaceutical industry. Unfortunately, the pharmaceuticals discovered that the more we advance in the field of medicine, the more money there is for the taking. The World Health Organization (WHO) estimated that the pharmaceutical industry is worth $300 billion a year, and predicted to rise to $400 billion by next year. Because of their greed for money, the pharmaceutical industry has evolved into one of the more corrupt institutions in America, and rightfully so. They have turned America into a country that is rapidly spiraling down a risky path of addiction and dependency on drugs, and the majority of the blame falls right onto their shoulders.
(p. B1) The most expensive health care system in the world is that of America. I will talk about the health insurance in U.S., the health care in other countries, Jeremy Bentham and John Stuart Mill, and my solution to this problem. The United States health care is structured badly. The insurance companies only look out for themselves; they think of ways they can save money not spend it. When you file for health insurance, companies will look through your application and medical records as if it were a murder investigation.
Merck is also the world's fifth largest pharmaceutical firm. Merck is best known for producing drugs such as Singular for As... ... middle of paper ... ... of Mr. Clark consists of cost cutting and layoffs, and restructuring the sales and marketing unit. Mr. Clarks most severe of the changes will consist of reining in research costs and cutting unproductive programs. He also plans to make the company more competitive and efficient, which begins through the supply chain and manufacturing. (Times) Throughout my research I think that Merck is not to blame, for misleading the public about the effects of the pain-reliever Vioxx.