Crimes in the Pharmaceutical Industry
Crimes in the Pharmaceutical Industry
Introduction
Despite common belief, pharmaceutical companies choose most of the drugs that are prescribed, not doctors. This creates many opportunities for crime and bad business practices in the pharmaceutical industry. For example, celecoxib, the largely promoted COX-2 drug for arthritis, sold over $1 billion before a single study was published in a medical journal comparing it to similar drugs.
In addition, the heartburn drug esomeprazole is the same drug as omeprazole. The same company makes both drugs and omeprazole is due to lose its patent protection soon. Thus, esomeprazole was marketed to build the manufacturer's monopoly position in ...
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practices within the pharmaceutical industry are not. Pharmaceuticals companies are not able to prescribe drugs and test new products without the aid of doctors. Therefore, many doctors are duped, bribed, or simply take money from drug companies to test and prescribe their drugs.
The History of Crime in the Pharmaceutical Industry
According to Braithwaite (1984), many modern pharmaceutical companies of today were created from profits from the trade of heroin and morphine in an era that laid the foundations for the continuous cycles of addiction to these drugs in today's society.
For example, in the early 1900's, Bayer AG, one of today's pharmaceutical giants, used the same mass-marketing tactics to heroin as it had used so successfully with aspirin. Bayer's international advertising campaign promoted heroin as an aid for infant respiratory ailments. (Braithwaite, 1984, p. 207)
During World War II, pharmaceutical crime was rampant. Hoechst and Bayer, two of the largest ...
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Despite their emaciated condition, they were found satisfactory. We shall keep you posted on developments concerning this experiment . . . The tests were made. All subjects died. We shall contact you shortly on the subject of a new load (Glover, 1977: 58)"
According to Borkin (1978), many incidents in history show how modern leaders in the international pharmaceutical industry brutalized its slave labor force to create the booming pharmaceutical industry. After the war, the Allies would not allow convicted war criminals be appointed to the boards of the new I.G. companies. However, when Allied control eased up, Hoechst, in 1955, appointed Friedrich Jaehne, one of the twelve war ...
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Crimes in the Pharmaceutical Industry. (2016, January 8). Retrieved November 28, 2024, from http://www.essayworld.com/essays/Crimes-in-the-Pharmaceutical-Industry/105342
"Crimes in the Pharmaceutical Industry." Essayworld.com. Essayworld.com, 8 Jan. 2016. Web. 28 Nov. 2024. <http://www.essayworld.com/essays/Crimes-in-the-Pharmaceutical-Industry/105342>
"Crimes in the Pharmaceutical Industry." Essayworld.com. January 8, 2016. Accessed November 28, 2024. http://www.essayworld.com/essays/Crimes-in-the-Pharmaceutical-Industry/105342.
"Crimes in the Pharmaceutical Industry." Essayworld.com. January 8, 2016. Accessed November 28, 2024. http://www.essayworld.com/essays/Crimes-in-the-Pharmaceutical-Industry/105342.
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