Pharmaceutical Ethics Issues
Generally, business ethics is a concept that has not been upheld or exemplified to any high standard by the modern pharmaceutical industry. It is an industry frequently plagued by unethical marketing decisions and practices, the pursuit of business strategies and policies that violate public trust in spirit if not necessarily in the written word, and that has embraced research practices that are sometimes highly questionable. In the modern age of business globalization, those concerns are only magnified by virtue of the larger number of human lives potentially affected by unethical decisions and practices and by the additional availability of legal and arguable ethical loopholes in the pursuit of higher profits for pharmaceutical companies.
A Fundamental Problem: Profit vs. Public Health Concerns
The most fundamental ethical problem in the modern pharmaceutical industry is simply that the objective of maximizing profit by private business organizations is inconsistent with and often directly at odds with the interests of public health, safety, and welfare. That fundamental problem does manifest itself through the decisions and actions of isolated individuals; rather, it is a problem that permeates the entire mindset and approach to business throughout the pharmaceutical industry (Beauchamp & Childress, 2009; Santoro & Gorrie, 2005). On the other hand, the problem is much more complex than one whose solution is limited to reforms within a single industry. In fact, a comprehensive solution will require the combined efforts of pharmaceutical companies, government legislators, industry regulators, private review boards, public welfare advocacy groups, representatives from both medical and scientific communities, and of national and international research-funding agencies.
The Pharmaceutical Product Development Process since the 1960s
When it comes to the business of pharmaceutical development, testing, and use, ethical issues are framed by no less than three independent industries, each with different sets of concerns and criteria: namely, those of the medical community, the scientific research community, and those of business organizations (Santoro & Gorrie, 2005; Tong, 2007). The problems in that regard first began becoming globally significant issues during the 1960s when scientific research, modern production methods and processes, and transnational marketing all became sufficiently developed and interconnected to represent potentially serious problems for large patient and other consumer populations for the first time (Beauchamp & Childress, 2009; Santoro & Gorrie, 2005; Tong, 2007).
By that time, the growing financial expense of pharmaceutical research and drug development were increasing so much that principles of business profitability became priorities, often at the direct expense of the therapeutic needs of patients (Beauchamp & Childress, 2009). The natural evolution for-profit business practices began to be the primary drive for scientific research in pharmaceutical development instead of human need. That dynamic is directly responsible for the modern trend of focusing on the development of drug therapies intended to cure male pattern baldness, erectile dysfunction, and other quality-of-lifestyle (as opposed to quality-of-life) issues. Quite simply, the business of pharmaceutical research and development has been driven more by the needs (whether real or perceived) of the populations of the wealthiest patient populations rather than by the medical predicaments of less wealthy populations. In that regard, the increased globalization of potential revenue streams has only exacerbate that problem, particularly in nations and global regions where small populations of the very wealthy (or the comparatively wealthy) live side-by-side their impoverished neighbors (Beauchamp & Childress, 2009; Santoro & Gorrie, 2005; Tong, 2007).
Comparative Pharmaceutical Regulation
As has, unfortunately, proven to be the case in business more generally, the availability of the global marketplace to product manufacturers in the wealthiest nations has provided the opportunity to conduct business in various ways that are strictly impermissible domestically but unregulated abroad (Beauchamp & Childress, 2009; Santoro & Gorrie, 2005). In other (i.e. non-pharmaceutical) industries, this feature of globalization typically manifests itself in the exportation of manufacturing operations from nations where labor laws prohibit the exploitation or endangerment of employees to nations where no such laws or regulations exist. Consumer goods are manufactured...
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