A few of the key issues in the pharma industry are regulatory and legal Issues, long, uncertain research and development, process access, pricing, and patent Issues (Williams & Torrens, 2008). Pharmaceutical discoveries since the 1950s have helped to cut death rates for chronic as well as acute conditions, since the 1960, vaccines have greatly reduced the incidence of childhood diseases— many of which once killed or disabled thousands of American children (Williams & Torrens, 2008). The drug discovery and development process is time consuming, complex, and highly risky. At the same time, to ensure safety, the research-based pharmaceutical industry is one of the most heavily regulated in the country (Williams & Torrens, 2008). The industry needs…