The Global Pharmaceutical Industry
eBook - ePub

The Global Pharmaceutical Industry

The Demise and the Path to Recovery

Daniel Hoffman, Allan Bowditch

  1. 118 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

The Global Pharmaceutical Industry

The Demise and the Path to Recovery

Daniel Hoffman, Allan Bowditch

Book details
Table of contents
Citations

About This Book

The pharmaceutical industry, long thought of as a recession-proof investment, now faces a day of reckoning. The reasons for this impending downfall are not hard to discern. The prices the industry charges for its prescription drugs have escalated at four to five times the cost-of-living increases during the past two decades and have reached a point where 30% of Americans must choose between filling a prescription, paying for housing, and buying food. This has brought about public pressure on governments around the world to control drug prices, yet the world's twenty largest pharma companies realized 80% of their growth as a result of exorbitant price hikes.

Pharma currently enjoys its extraordinary profitability by exploiting the world's most vulnerable populations. Yet even their ability to increase prices in the face of falling demand does not satisfy their profit demands. The breadth and depth of pharma's marketing transgressions exceed those of any other industry and have now reached a point where authorities around the world have found it necessary to take legal action against its violations. Drastic change is needed if the pharmaceutical industry can equitably advance the health of the world's population and regain public esteem.

This book illustrates the range and extent of pharma's violations and addresses the actions that should be implemented in order to make the drug industry a more constructive, less venal part of contemporary society. It will be of interest to researchers, academics, practitioners, and students with an interest in the pharmaceutical industry, healthcare management, regulation, and bioethics.

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Information

Publisher
Routledge
Year
2020
ISBN
9781000166712
Edition
1
Topic
Negocios y empresa
Subtopic
Gobierno empresarial

Table of contents

  1. Cover
  2. Half Title
  3. Series Page
  4. Title Page
  5. Copyright Page
  6. Dedication
  7. Contents
  8. Acknowledgments
  9. Preface
  10. 1 How Family Businesses Answering Public Needs Became a Master Servant to Wall Street
  11. 2 Pharma's Violations and Dirty Tricks
  12. 3 The Economics of the Pharmaceutical Industry
  13. 4 A Somnolent Public Awakens
  14. 5 The Path Toward Reform
  15. Afterword
  16. Glossary
  17. Index
Citation styles for The Global Pharmaceutical Industry

APA 6 Citation

Hoffman, D., & Bowditch, A. (2020). The Global Pharmaceutical Industry (1st ed.). Taylor and Francis. Retrieved from https://www.perlego.com/book/1584309/the-global-pharmaceutical-industry-the-demise-and-the-path-to-recovery-pdf (Original work published 2020)

Chicago Citation

Hoffman, Daniel, and Allan Bowditch. (2020) 2020. The Global Pharmaceutical Industry. 1st ed. Taylor and Francis. https://www.perlego.com/book/1584309/the-global-pharmaceutical-industry-the-demise-and-the-path-to-recovery-pdf.

Harvard Citation

Hoffman, D. and Bowditch, A. (2020) The Global Pharmaceutical Industry. 1st edn. Taylor and Francis. Available at: https://www.perlego.com/book/1584309/the-global-pharmaceutical-industry-the-demise-and-the-path-to-recovery-pdf (Accessed: 14 October 2022).

MLA 7 Citation

Hoffman, Daniel, and Allan Bowditch. The Global Pharmaceutical Industry. 1st ed. Taylor and Francis, 2020. Web. 14 Oct. 2022.