DeviceCo and Pharmador formed a joint venture called LeaseMed. It plans to lease large-scale medical equipment to U.S. hospitals. The venturers have no relationship with each other aside from LeaaseMed. Ownership as well as profits and losses are divided 55:45 to DeviceCo and Pharmador. Board approval is required by a majority vote for all ongoing business activities and new contract in excess of $50‚000. 1.) Pharmador is only able to qualify for the business scope exception under ASC 810-10-15-17d
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A handful of consumer and healthcare companies including Bayer AG and Novartis are exploring a deal for Merck & Co Inc’s consumer healthcare business‚ as they seek to gain scale in a fragmented industry‚ according to several people familiar with the matter. Reckitt Benckiser Group PLC and Procter & Gamble Co are also among the parties that have held discussions with Merck about buying the unit‚ best known for Coppertone sunscreen and Claritin allergy medicine‚ the sources said this week. The
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Pakistan Pharmaceutical Industry Pakistan has a very vibrant and forward looking Pharma Industry. At the time of independence in 1947‚ there was hardly any pharma industry in the country. Today Pakistan has about 400 pharmaceutical manufacturing units including those operated by 25 multinationals present in the country. The Pakistan Pharmaceutical Industry meets around 70% of the country’s demand of Finished Medicine. The domestic pharma market‚ in term of share market is almost evenly divided between
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In-Depth Integrative Case 1.2 Pharmaceutical Companies‚ Intellectual Property‚ and the Global AIDS Epidemic In-Depth Case 1.2 1. Do pharmaceutical companies have the responsibility to distribute drugs for a low cost in developing countries? What are the main arguments for and against such an approach? What are the advantages and the disadvantages of giving drugs for free versus offering them at low no-profit prices? The Aids epidemic is responsible for taking millions of lives worldwide
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PharmaCARE We CARE about YOUR health Yasser Benadada Table of Contents Stakeholders 2 Analyzing the Ethics 3 Who should be fired? 4 Will Whistleblower Policy help PharmaCARE 5 PharmaCARE’s Environmental Stewardship 6 Purpose of CERCLA Act 7 Stakeholders 1. The Companies: PharmaCARE was a successful and profitable pharmaceutical company. After launching the “We CARE about YOUR World®” initiative‚ PharmaCARE was able to defeat PAC’s lobbying efforts. Later‚ PharmaCARE found
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Care homes should by law have a care home medicines policy. This has to be reviewed regularly to ensure it is up to date and it is based on current laws. . The policy should include: The policy should include a procedure for sharing information about a resident’s medicines. This is especially important if the resident has to go into hospital or move onto another care home. The policy should include procedures that the resident’s medicine records are kept up to date. This is especially
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Personal Statement Paragraph 1 I have a powerful interest in studying science-based subjects as this has given me a small insight into the large world of the millions of different diseases out there. I believe by studying pharmacology in a university will allow me to enhance my knowledge of the science behind drug discovery‚ production of drugs and how patients react to the medicines that they intake. I am strongly intrigued by chemistry as during school it gave me a basic understanding of how chemicals
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Life‚death and property rights:the pharmaceutical industry faces AIDS in Africa It is very clear that AIDS is an important health problem for the whole planet and specially for Africa.This kind of problems need the attention of all the factors with responsibilities in public health‚starting with the governments but‚of course‚continuing with the pharmaceutical companies‚the nongovernmental organizations‚massmedia‚physicians‚the church ‚the red cross etc.In this big fight against AIDS we cannot
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Online vs. Brick-and Mortar shopping LaRoma Webb University of Phoenix Abstract It seems that many of us are discovering a new and more convenient way of shopping‚ and this would be online. Online shopping has become a major way of making purchases today‚ and it seems to offer everything that your local department‚ grocery‚ or drug store does‚ only with more convenience. On the other hand‚ there are those “Die-Hard” shoppers
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Unethical Research in the Pharmaceutical Industry Lyndsae Erdmann RES/351 01/19/15 James Bankston Unethical Research in the Pharmaceutical Industry The Pharmaceutical drug companies have a tendency to focus more on the sales and revenue than the research of any given product. This trend leads to misrepresentation of crucial scientific research on products. “A wide variety of research practices has been described as being used to distort the medical literature in favor of a clinical trial sponsor’s
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