By David L. Finegold, Cecile M Bensimon, Abdallah S. Daar, Margaret L. Eaton, Beatrice Godard, Bartha Maria Knoppers, Jocelyn Mackie, Peter A. Singer
''Biotechnology and pharmaceutical businesses are usually pushed by way of revenue pursuits, however the case reviews in Bioindustry Ethics convey that this is often more and more no longer on the fee of moral integrity. ...lend[s] very important insights to different executives and pros who may be constructing their very own practices and policies.'' - GENOMICS & PROTEOMICS (August 2005)
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Extra resources for BioIndustry Ethics
Although some may view the review as a bureaucratic formality, Ken Gustavsen, the Mectizan Donations Program Director, said he found it helpful. “We get an e-mail as a reminder to review policies yearly to show what we stand for. ” Beyond the activities associated with the Values and Standards, the other main function of the Ethics Office has been to create channels for employees to share concerns about ethical issues. They can do this in several ways. One is to call a free advice line that is run by an outside vendor; this advice line gets 50 to 75 calls a year.
2004, March 3). Merck Still Draws Fire for HIV Drug for Poor Nations. The Wall Street Journal, Section D3. 95), and for failing to submit all the information needed for approval of the drug in different countries, citing a specific delay in South Africa. 10 “I’m not sure what motivates some NGOs, like MSF, to attack the companies that are trying to do the most in the region,” said Khalil, recounting his impression of the sequence of events that led to the article: Recently they contacted us and asked us for a list of all the countries where we had registration for our new AIDS drug.
Merck also has had to contend with critics who deplore the high cost of drugs and who claim that these prices are a result of excessively high advertising and promotion expenditures. 2 billion vs. 16 In 2001, it added over 1000 sales representatives to keep pace with its main industry rivals, such as Pfizer, which were growing more rapidly through acquisition and heavy promotion of blockbuster products. In 2000, Merck had the second largest advertising budget in the industry, and it spent more to advertise its blockbuster pain medication, 16 Hawthorne, p.