Pharmaceutical Practices - Generics

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Written by:

Kelli C


Date added:

May 3, 2014








No of pages / words:

5 / 1147


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9695 times


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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...
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We will explore the moral argument as well as the effects on the stakeholders of major pharmaceutical companies. Generic drug equivalents can be considered a key to the availability of modern pharmacotherapy in the world. Usually, they may enter the market after the expiration of the patent coverage of the original products takes place allowing cheaper, but still highly effective treatments to be spread worldwide at a great discount...
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