poor country like Albania‚ where it has barely functional health system. After getting approved‚ from the profits I would set up a compassionate use program and develop a system to train the doctors to administer the drug‚ and monitor patients for adverse effects. In that way‚ the company would invest in different country‚ which is great in today’s world of globalization. “ Globalization refers to extent to which trade and investment‚ information‚ ideas‚ and political cooperation flow between countries”
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Nearly one-third will use five or more different medications (citation). Most of the times these medications are advantageous‚ however on occasion can cause an adverse drug event (ADE) to the person taking them. ADEs are a serious public health problem. An ADE is an injury caused by the use of a drug. The injury can result from an adverse drug reaction or overdose. It can also be caused by the use of the drug from a dose reduction or discontinuation of drug therapy (citation). Given the number
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CU2624 Administer Medication to Individuals and Monitor the Effects 1) Health and Safety at Work Act‚ COSHH‚ the Medicines Act‚ the Misuse of Drugs Act‚ the Health and Social Care Act (Regulated Activities) and the Essential Standards‚ the RPS Handling Medicines in Social Care Guidelines. 2) Paracetamol – Side effects of paracetamol are rare but can include: • A rash • hypotension (low blood pressure) when given in hospital by infusion (a continuous drip of medicine into
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Medication Practices (ISMP) and the Food and Drug Administration recommend that error-prone abbreviations are considered whenever medical information is communicated (Institute for Medical Safety‚ 2012). Medication errors result in thousand of adverse drug events‚ deaths‚ and preventable reactions every year (Grissinger & Kelly‚ 2005). Healthcare personnel‚ IMSP‚ the pharmaceutical industry‚ and The Food and Drug Administration (FDA) are some of the groups responsible for determining how these
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Food and Drug Administration Food and Drug Administration General Functions a. Develops plans policies‚ programs and strategies for regulating processed foods‚ drugs and other related products b. Formulates rules‚ regulations and standards for licensing and accreditation of processed foods‚ drugs and other related products c. Conducts licensing and accreditation of processed foods‚ drugs and other related products. d. Provides technical‚ consultative and advisory services to and develops
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STATEMENT OF PURPOSE The quest for knowledge has always been my ardent wish. This quest for knowledge and necessity has unearthed me into this beautiful sophisticated world. As a devoted student‚ I am eager to confront the challenges by pursuing graduate studies from reputed institutions. What sets me apart is my dedication to finding solutions and thirst to reach zenith of triumph. I have decided to pursue postgraduate studies and research in the area of Pharmacology. Pharmacology is a subject
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Essay: Discuss the terms moral hazard and adverse selection. In your discussion you should consider the following: a) When does it arise? b) What are its consequences? And c) What can be done about it? WORD COUNT: 2502 Today we live in the information age‚ characterized by the internet‚ social networking and twenty four hour news with a constant stream of information flowing between users. This has lead to an economy where buyers can get immediate access to information about rival products
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UNIT: 79 SUPPORT USE OF MEDICATION IN SOCIAL CARE SETTINGS 1.1 Identify legislation that governs the use of medication in the social care settings? Legislation and guidance that control the prescribing‚ dispensing‚ administration‚ storage and disposal of medicines. The Medicines Act 1968‚ the Misuse of Drugs Act 1971 (and later amendments)‚ the Misuse of Drugs (Safe Custody) Regulations 1973 (and later amendments)‚ the Health and Safety at Work Act (1974)‚ Control of Substances Hazardous to HealthCOSHH
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own words‚ discuss the difference between adverse selection and moral hazard. Provide your own example for each problem. Adverse selection and moral hazard are both examples of market failure situation due to hidden information from the buyer or seller in a market. In adverse selection‚ hidden information is usually present before an agreement is made; where as‚ in moral hazard‚ hidden information is revealed after an agreement has been made. Adverse selection refers to a situation in which
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Global is good 1. Of or relating to the whole world; worldwide: "global economy". 2. Of or relating to the entire earth as a planet: "global environmental change". Global warming is bad. It has been enhanced by us humans… One of the consequences is‚ in 2075 67% of Americans are expected to be born with skin cancer. 45% of those Americans born with skin cancer will die. This is caused by ozone depletion. This is sad but true… Resolution: Save energy-don’t use so much electricity‚ STOP
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