from a three-day trip and picked up a voice mail in her home office from Cindy Cherry‚ regional sales manager for Inventron Pharmaceuticals. Karen is the district sales manager for the states of Oklahoma‚ Arkansas‚ Texas‚ and Louisiana. Cindy is in charge of all of Inventron’s operations west of the Mississippi River. Inventron is a relatively small‚ specialty pharmaceutical manufacturer with production facilities in Morristown‚ New Jersey. Its products focus on an array of medicines for the dog and
Premium Pharmacology Sales Pharmaceutical industry
in key growing therapeutic areas and focus on delivering patient-centric‚ innovative therapies. We seek strong‚ long-term relationships that fit our goals and offer a shared vision “ * Company Background: Pfizer is a research-based global pharmaceutical company. The company discovers‚ develops‚ manufactures and markets medicines for humans and animals‚ as well as consumer products. In order To maximize new opportunities in biomedical research‚ and bring more innovative
Premium Pharmaceutical industry Generic drug
An Unnecessary Evil Big‚ Bad Pharma: An Unnecessary Evil Big Pharma‚ or the pharmaceutical industry’s giant corporations‚ have earned record profits‚ falsified clinical trial data and corrupted the healthcare industry according to many industry critics including a recent report posted on Globalresearch.ca.[1] The industry’s story parallels the history of other corporate monopolies such as Big Oil‚ the Railroad Industry‚ Big Agriculture‚ banking interests and other industrial giants. In fact‚ one
Premium Pharmacology Clinical trial Medicine
Vioxx Decisions – Were They Ethical? In the late 1990s‚ a pharmaceutical company called Merck was a leader in this industry. The pharmaceutical industry required millions of dollars and great amounts of time to be invested in research and development. From 1995 to 2001‚ Merck was successful in releasing 13 major drugs into the market. One of these drugs was one that would treat rheumatoid arthritis. The drug‚ Vioxx‚ acquired the approval of the Food and Drug Administration (FDA) in May 2009 (Cavusgil
Premium Pharmacology Myocardial infarction Pharmaceutical drug
eliminate the regulatory pressure on prices (ii) abolish the conditions that favour the practices of patent linkage‚ (iii) create incentives for doctors to prescribe generic medicines‚ (iv) implement a system for pharmacy remuneration based on pharmaceutical act fee or regressive margins‚ (v) create greater differentiation with regard to patients co-payment towards the option of using a more expensive branded medicine instead of a cheaper generic medicine. Bibliography [1] – EGA‚ “How to Increase
Premium Pharmaceutical industry Food and Drug Administration Pharmacy
Crime? Pfizer and the CIHR. Healthc Policy [online] 2010 May; 5(4): 16–25. Available at: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2875889/ [Accessed Oct 26 2012]. Esteban‚ D.‚ 2008. Strengthening corporate social responsibility in the pharmaceutical industry. Journal of Medical Marketing‚ 8(1)‚ pp. 77-79. Kelton‚ E. 2012. Forbes. Big Pharma ’s Offshore Fraud Strategy. [online] Available at: http://www.forbes.com/sites/erikakelton/2012/09/11/big-pharmas-offshore-fraud-strategy/ [Accessed Oct 26
Premium Business ethics Corporate social responsibility Social responsibility
are Primary Care;Oncology and Special care‚ Emerging markets and Establish products; Consumer healthcare and Animal health and Nutrition Moreover‚ Pfizer freeze its position as one of the most diversified oranisation in the worldwide health care industry throughout strategic partnerships and acquisitions of diversified businesses‚ such as Wyeth. 1.1 current business strategies Company’s decision making management and senior-most leadership body is the main body of Pfizer which is the Pfizer’s
Premium Strategic management Gross profit margin Pharmaceutical industry
Brian Lam A Critique of Strong Patent Protection Abstract In this paper‚ I attempt to analyze the negatives and positives of patent protection. The discussion will include an analysis of impact to firms and profits‚ particularly in the pharmaceutical sector‚ their innovations as a result‚ and the ultimate impact to society. Traditionally‚ it is believed that stringent patent regulations hurt the profits of large biotechnology companies‚ giving them less of an incentive to innovate. As a result
Premium Generic drug Patent Pharmaceutical industry
in the pharmaceutical industry by World War II. By attracting the top talent in chemistry‚ biology‚ and pharmacology‚ MRL emerged as the leader in human pharmaceuticals with the release of highly necessary drugs to treat infections‚ and tuberculosis. MRL focused their strengths on three key areas: vitamins‚ antibiotics‚ and hormones. With the best scientists in their industries‚ MRL developed a reputation of being the best and their profitability put them at the top of their own industry. By the
Premium Generic drug Pharmacology Pharmaceutical industry
Company: The Vioxx Recall Albert Balogun California Baptist University BUS 520A: Managerial Ethics Jim Bishop‚ PhD June 30‚ 2010 Merck & Company: The Vioxx Recall The issues involved in Merck‚ a pharmaceutical manufacturing company’s recall of one its products‚ Vioxx‚ is the effect of direct-to-consumer (DTC) advertising of prescription drug on the society public health‚ the impact of it on the doctor –patient relationship and other ethical considerations
Premium Pharmacology Food and Drug Administration Pharmaceutical industry