Pharmacare

  • Free Essay

    Ethics and Corporate Responsibility

    Health Administration, Federal Drug Administration, Environmental Protection Agency, Equal Employment Opportunity , Comprehensive Environmental Response Compensation and Liability Act and other regulatory policies. The stakeholders within PharmaCARE are all the individuals and groups that are affected by the company’s decisions. The employees that may suffer from the lack of environmental safety or abuse of the production location allowing the organization to payless to workers for their

    Words: 2150 - Pages: 9

  • Premium Essay

    Legal 500

    include PharmaCARE, a successful pharmaceutical company, CompCARE, a subsidiary of PharmaCARE, Wellco, a large drugstore chain, the employees of the various companies, the African nation of Colberia and the Colberians. All of these stakeholders have a stake in the outcome. PharmaCARE is a successful pharmaceutical company that prides itself on being a reputable, caring and ethical company that enhances the quality of life for millions of people. However, this is quite the contrary. PharmaCARE cares

    Words: 991 - Pages: 4

  • Premium Essay

    Law 500

    within their customers’ optimal price points. The second category of stakeholders are the Medicare, Medicaid, and VA patients. These are the main cutomers of PharmaCARE. They are mainly interested in quality customer service as well as top-range products to address their needs (Jennings, 2010). For this reason, they are attracted to PharmaCARE as it continues to prove nbeaten in its advertisements. Further, the workers form the third grouping of the stakeholders. These category form’s PharmaCARE’s

    Words: 1748 - Pages: 7

  • Free Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    PharmaCARE: Ethics and Corporate Responsibility in the Workplace and the World PharmaCARE: Ethics and Corporate Responsibility in the Workplace and the World In any type of business or organization there are ethical issues, conflicts, and successes revolving around relationships. It is those relationships considered one of the key areas of making the business function. The relationships between customers, the employees, managers, supervisors, shareholders, investors and suppliers all shape the

    Words: 2255 - Pages: 10

  • Premium Essay

    Leg 500 Assignment 3

    power over compounding pharmacies. Unfortunately, executives of companies they all direct to make a profit ignoring the ethical rules. What PharmaCARE has done in this scenario, not to care side effects of the drug they started formulate again to maximize the effect of the progression of Alzheimer’s disease. In order to avoid FDA scrutiny, PharmaCARE established a wholly-owned subsidiary, CompCARE, to operate as a compounding pharmacy to sell the new formulation to individuals on a prescription

    Words: 2291 - Pages: 10

  • Free Essay

    Tender

    BAGI PERKHIDMATAN ’SUPERVISING ENGINEER’ UNTUK BANGUNAN PHARMACARE, KUALA LUMPUR CADANGAN SERVIS KONTRAK HASHIM GHANI JURUTERA PERUNDING BAGI PERKHIDMATAN ‘SUPERVISING ENGINEER’ UNTUK BANGUNAN PHARMACARE KUALA LUMPUR 1. PENDAHULUAN Kertas kerja ini adalah bertujuan mendapatkan kelulusan kerja bagi CADANGAN SERVIS KONTRAK HASHIM GHANI JURUTERA PERUNDING BAGI PERKHIDMATAN ‘SUPERVISING ENGINEER’ UNTUK BANGUNAN PHARMACARE. Servis Kontrak antara TMR URUSHARTA (M) SDN BHD

    Words: 331 - Pages: 2

  • Premium Essay

    Paper

    PharmaCare was an upcoming established company well renowned for ethics and high quality products. The company even started a new initiative to go green and become environmentally friendly. During their honeymoon period they were believed to enhance the quality of life around the world. PharmaCARE thrived on research and capitalized on a new breakthrough of a diabetes drug that would help slow down the terrible infringement of Alzheimer’s. Over the course of a few years, PharmaCARE set up a sister

    Words: 1349 - Pages: 6

  • Free Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    environmental and sustainability policies for their employees, suppliers, contractors and other stakeholders to follow. This paper will examine PharmaCare’s ethical and social responsibility around its operations, products, and obligation to stakeholders. PharmaCare, a renowned fortune 500 pharmaceutical company listed on the NASDAQ is one of the companies that have all these initiatives in place. It is considered one of the most ethical and social responsible companies in the world due to many initiatives

    Words: 2849 - Pages: 12

  • Premium Essay

    Assignment 3: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

    PharmaCARE Company is a well successful pharmaceutical company known to produce high quality products that have saved millions of lives and enhanced a quality of life to others. The Company is recognized for offering free and discounted drugs to low-income consumers, and has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. The company is located in New Jersey, and maintains a large manufacturing facility in the African nation of Colberia

    Words: 1437 - Pages: 6

  • Free Essay

    Legal and Ethical Considerations

    to hospitals, clinics through compounding pharmacies, and doctors is how PharmaCARE and CompCARE promoted their pharmaceuticals. It did not bother them that they were at risk and that the FDA did not approve of this. Companies are not supposed to use sales methods when it comes to prescribing the medications to direct consumers; however they market these medications anyway. The FDA should have been able to avoid PharmaCARE/CompCARE for using this marketing strategy by conduction an investigation

    Words: 2085 - Pages: 9

  • Premium Essay

    Legal500 Ethics Asnd Corporate Resposibility Paper

    PharmaCARE (We CARE about YOUR health®)\is one of the world’s most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produced high-quality products that saved millions of lives and enhanced the quality of life for millions of others. The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently

    Words: 3022 - Pages: 13

  • Free Essay

    Legal and Ethical Consideration in Marketing, Product Safety, and Intellectual Property

    compounding pharmacies. I will decide whether PharmaCARE’s use of Colberian intellectual property would be ethical in accordance with Utilitarianism; Deontology; Virtue Ethics; my own moral and ethical compass. Afterwards, I will analyze the way PharmaCARE uses U.S. law to protect its own intellectual property while co-opting intellectual property in Colberia. Then I will suggest at least three ways the company could compensate the people and nation of Colberia for the use of its intellectual property

    Words: 3153 - Pages: 13

  • Free Essay

    Ethics and Corporate Responsibility

    scenario. A stakeholder is defined as a person, group or organization that has interest or concern in an organization according to BusinessDictionary.com. The stakeholders in this particular scenario are PharmaCARE, a successful pharmaceutical company, CompCARE, a subsidiary of PharmaCARE, Wellco, a large drugstore chain, the employees of the various companies, the African nation of Colberia and its people, the medical community and the consumers of the products. Analyze the ethics of PharmaCARE’s

    Words: 2024 - Pages: 9

  • Premium Essay

    Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

    jurisdiction over the compounding drugs and the compounding pharmacies is limited and much less clear. In this scenario, the PharmaCARE evaded scrutiny by FDA in creating a subsidiary for manufacturing and production of diabetic drugs that had a new found use of treating Alzheimer’s disease. These drugs later were discovered that they caused heart attacks and cardiac deaths. PharmaCARE through compare continued to produce these harmful drugs which were a violation of producing counterfeit and harmful drugs

    Words: 3396 - Pages: 14

  • Premium Essay

    Assignment 2

    Workplace and the World Stakeholders:- The Stakeholders in this case are:- 1. PharmaCARE 2. PAC 3. The People and Government of Colberia 4. Executives of the PharmaCARE 5. PharmaCARE Clients Worldwide 6. FDA 7. OSHA 8. MR Alen Jones 9. CompCARE and Employees 10. Doctors and Hospitals who were dealing with CompCARE 11. Donna, Tom and Ayesha 12. Wellco The Ethics of PharmaCARE in Colberia:- Now days it has become a critical measure for companies (small

    Words: 1098 - Pages: 5

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace and the World.

    Stakeholders in this scenario are PharmaCARE, CompCARE, WEllCO, Donna, Tom, Ayesha, Allen and Consumers. PharmaCARE is one of the world’s leading pharmaceutical companies. They specialize in servicing low income consumers who with high quality products. PharmaCARE is based out of New Jersey with a manufacturing plant in Africa. CompCARE is the subsidiary company that PharmaCARE used to act as a pharmacy. CompCare benefited from the great reputation that PharmaCARE had as a successful pharmaceutical

    Words: 1265 - Pages: 6

  • Premium Essay

    Legal and Ethical Consideration in Marketing

    marketing done by drug companies. Unless a product is approved by the FDA, it shouldn’t be Direct-to-Consumers. There are a lot of shortcuts that drug companies try to take when they are testing new drugs. For example, the drug AD23 was given to by PharmaCare that cause over 200 reported deaths from the drug without the drug being approved by the FDA. Another good example is the recent “Investigators from the US Food and Drug Administration (FDA) have found bacterial and fungal contamination in unopened

    Words: 2321 - Pages: 10

  • Premium Essay

    Legal and Ethical Consideration in Marketing

    marketing done by drug companies. Unless a product is approved by the FDA, it shouldn’t be Direct-to-Consumers. There are a lot of shortcuts that drug companies try to take when they are testing new drugs. For example, the drug AD23 was given to by PharmaCare that cause over 200 reported deaths from the drug without the drug being approved by the FDA. Another good example is the recent “Investigators from the US Food and Drug Administration (FDA) have found bacterial and fungal contamination in unopened

    Words: 2321 - Pages: 10

  • Free Essay

    Legal and Ethics

    running water. If the company compensated the healers for their intellectual property, the Colberians could improve their living conditions. PharmaCARE is taking advantage of this group of stakeholders because the healers are uneducated, ignorant to intellectual property laws, and do not know the true value of the information they are sharing with PharmaCARE. According to authors S.C. Jain and R. Bird, the Trade-Related Aspect of Intellectual Property Rights (TRIPS) is considered the most relevant

    Words: 3122 - Pages: 13

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    Ethics and Corporate Responsibility in the Workplace and the World Law, Ethics, and Corporate Governance Professor Andrea Brvenik August 16, 2014 Stakeholders & PharmaCARE Stakeholders take on many forms and guises depending on the context of the business. Experts write personal definitions and musings on what they feel a stakeholder is, while others disagree and have their own, sometimes conflicting personal findings. It has been my experience that the terms ‘stakeholder’

    Words: 2411 - Pages: 10

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    Mohammad Hawari Dr.  Andrea Brvenik Strayer University Aug.18th.2014 Introduction PharmaCare is a national pharmacy management, staffing, and consulting company , PharmaCare is caring of producing drugs and improve of quality of life . The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, PharmaCare located in San Antonio, With a corporate-based professional staff consisting of Clinical and

    Words: 1582 - Pages: 7

  • Premium Essay

    Week 7 Assignment 3

    Week 7 Assignment 3 - LEG 500 August 15, 2014 PharmaCARE Company is one of the leading world pharmaceutical companies, that enjoys an honest name of a caring and well-run company and that act ethically toward its stakeholders. It provides with the high-quality products and saves people’s lives increasing its quality. However, the case with the African nation of Colberia, where the PharmaCARE holds its big manufacturing object, raise community fears as for the unethical

    Words: 2024 - Pages: 9

  • Free Essay

    Leg 500 Assignment#2

    changes to Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). Determine which provision(s) of CERCLA apply to PharmaCARE in the scenario provided Stakeholders are those individuals and groups that have an investment, share, or interest in an organization. In this scenario that includes PharmaCARE, CompCARE a subsidiary of PharmaCARE, Wellco a large drugstore chain which purchased CompCARE, PharmaCARE’s management and investors, and the African nation of Colberia. Analyze

    Words: 2078 - Pages: 9

  • Premium Essay

    Ethics and Corporate Responsibility

    Ethics and Corporate Responsibility Legal, Ethics, and Corporate Governance Jekilan Hill-Barrett Professor Weekley November 23, 2014 Ethics and Corporate Responsibility The stakeholders within PharmaCARE are all the individuals and groups that are affected by the company’s decisions. The employees that may suffer from the lack of environmental safety or abuse of the production location allowing the organization to payless to workers for their hard work. The consumers of the

    Words: 1704 - Pages: 7

  • Free Essay

    Ethics and Corporate Responsibility in the Workplacce and the World

    place and modify weak legislation to protect the public. PharmaCARE is a successful pharmaceutical company with a reputation of being socially responsible. PharmaCARE developed its brand by offering free and discounted drugs to low-income consumers and sponsoring healthcare educational programs. The company also launched community-based initiatives that focus on health care education and environmental concerns. While PharmaCARE enjoyed the fruits of its good reputation, the company’s moral

    Words: 2572 - Pages: 11

  • Premium Essay

    Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

    Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property Wanda T. Diggs Professor William Stone Law, Ethics and Corporate Governance – LEG-500 March 18, 2014 Abstract The PharmaCARE scenario is a case study based on a real life tragedy. Corporate corruption is alive and well and, as this case proves, unethical corporations will break the law for extra profit. Utilitarian ethics should be considered when in the business of providing consumable products to

    Words: 3015 - Pages: 13

  • Premium Essay

    Legal 500 Assignment 3 Ethics and Corporate Responsibility in the Workplace and the World

    2/22/15 Introduction PharmaCARE is a very successful pharmaceutical company; based in New Jersey. It is known for having a caring reputation, and being an ethical and well-run company that produces life-saving; high-quality products. The company is known for caring because the business offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. Recently, PharmaCARE launched a new initiative;

    Words: 1759 - Pages: 8

  • Premium Essay

    Ethics and Corporate Responsiblility in the Workplace and the World

    Introduction PharmaCARE (We CARE about YOUR health®) is one of the world’s most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produces high-quality products that save millions of lives and enhance the quality of life for millions of others. The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently

    Words: 1304 - Pages: 6

  • Premium Essay

    Laws and Social Responsibalities

    PharmaCare’s Ethics and Social Responsability Gladys T. LEG 500 02/22/2015 PharmaCare is named among the most respectable pharmaceutical companies in the world. It is said to be an honorable and well-run organization that produces high- quality products that have not only saved millions of lives but also improve the quality of lives for millions of others. However, looking into the company mode of operation, we notice some significant discrepancies between its ethics and its

    Words: 1920 - Pages: 8

  • Free Essay

    Leg 500 Assignment 4 Week 10

    respect to PharmaCARE which is a pharmaceutical company. The paper includes the information regarding drug companies, Direct to Consumers (DTC) marketing. Next we will determine the role of Food and Drug Administration (FDA) in regulatory schemes of pharmacies and determine that whether FDA empower over compounding pharmacies. In this paper, I have to make decision about PharmaCARE that whether the company use of intellectual property of Colberia. After this, I will analyze PharmaCARE ways to use

    Words: 2296 - Pages: 10

  • Premium Essay

    Ethical Considerations

    2015 Introduction "PharmaCARE is one of the world’s most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produces high-quality products that save millions of lives and enhance the quality of life for millions of others. The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently launched a new

    Words: 3343 - Pages: 14

  • Premium Essay

    Legal 500

    involvement, position relative to the organization and affect the individual, group or organization may have. PharmaCARE has several stakeholders based on the scenario. The PharmaCARE stakeholders are: * Customers * PharmaCARE CEO * Government agencies * Sponsors * Colberians * Shareholders * PharmaCARE executives Human Rights Issues Presented by PharmaCARE PharmaCARE treatment of Colberia indigenous population raises several human rights violations. Article 5 of UDHR states:

    Words: 1736 - Pages: 7

  • Free Essay

    Leg 500 Assignment

    Intellectual Property Daniel A. Sievers Professor: Joe McGirt Strayer University LEG 500 12/01/2014 Research three to five issues relating to marketing and advertising, intellectual property, and regulation of product safety and examine whether PharmaCARE violated any of the issues in question. There are many issue’s relating to advertising, intellectual property and regulation in today's workplaces. All phases of marketing and advertising mix are subject to laws and limitations. Every marketing

    Words: 2683 - Pages: 11

  • Premium Essay

    Legal and Ethical Considerations in Marketing

    Ethical Considerations in Marketing, Product Safety, and Intellectual Property Amanda Terry Professor: Dr. Michael Hanners LEG 500- Law, Ethics, and Corporate Governance March 12, 2015 Introduction John, a former research employee at PharmaCare pharmaceuticals, asked my law firm to represent him as a client. He expressed his concerns about his involvement with PharmaCare’s top-selling drug AD23. John and his team of pharmacists discovered that the drug could slow down the progression of

    Words: 3335 - Pages: 14

  • Premium Essay

    Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

    determined by a lot of factors. Employees or people are influenced by the forces surrounding them – their peers, their superiors, the reward system, group norms, and organizational policies and values. In this assignment, we will revisit the organization PharmaCARE and how legal and ethical considerations affected their decision making in marketing, product safety, and the intellectual property of Colberia. Ethical issues There are many ethical issues relating to marketing and advertising, intellectual

    Words: 3933 - Pages: 16

  • Premium Essay

    Legal

    Law,Ethics and Corp.Governace Sia Minja Assignment 3: Ethics and Corporate Responsibility in the Workplace and the World 05/25/2015 Prof.Augustine Weekley Introduction: PharmaCARE is the world’s leading successful pharmaceutical company offering low and sometimes free drugs to low income consumers. Its products have been known to save lives as well improve the quality of life to its customers. The company has recently launched an initiative to help protect and preserve the environment

    Words: 1787 - Pages: 8

  • Premium Essay

    Hsa 515 Assignment 1 Legal Aspects of U.S. Health Care System Administration

    Intellectual Property Being a worldwide successful company takes a lot of hardworking individuals to make this happen. When running a successful company, you will want to make sure you are functioning in an ethical manner and are abiding by the law. “PharmaCare is one of the world’s most successful pharmaceutical companies with a reputation as a caring, ethical, and well-run company that produced high-quality products that saved millions of lives and enhanced the quality of life for millions of others”

    Words: 3121 - Pages: 13

  • Premium Essay

    Ethics

    lessons from the breakdown. PharmaCARE which is a pharmaceutical company that has introduce the product AD23 which is a top selling diabetic drug. AD23 also aimed at slowing the progression of Alzheimer’s disease. John who was a former pharmacist that helped in the research of AD23 has made some concern after the death of his wife from taking AD23 with some other reported case of 200 cardiac death. This paper seeks to analysis some ethical issues related to PharmaCARE introduction of AD23, intellectual

    Words: 2066 - Pages: 9

  • Premium Essay

    Pharmacare Ethics

    PharmaCare Legal and Ethical Considerations LEG 500 Law, Ethics, and Corporate Governance December 7, 2014   PharmaCare Legal and Ethical Considerations Once again PharmaCare is under suspicion for their question acts and deeds. The businesses AD23 drug has allegedly linked to deaths and now everything will need to be reviewed to determine validity. Ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety and examining whether PharmaCare

    Words: 2177 - Pages: 9

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace

    of the company; or the company may be otherwise accountable to this stakeholder. PharmaCARE has several stakeholders that will continue to watch their progress in Colberia. The primary stakeholders are its shareholders/stockholders who will always seek a return on their investment (ROI). Every decision PharmaCARE makes will either increase or decrease ROI; this can be in the long-term or the short-term. PharmaCare additionally need to be concerned with opinions from members of Capitol Hill. Since

    Words: 1613 - Pages: 7

  • Premium Essay

    Business Comtemporary

    jurisdiction over the compounding drugs and the compounding pharmacies is limited and much less clear. In this scenario, the PharmaCARE evaded scrutiny by FDA in creating a subsidiary for manufacturing and production of diabetic drugs that had a new found use of treating Alzheimer’s disease. These drugs later were discovered that they caused heart attacks and cardiac deaths. PharmaCARE through compare continued to produce these harmful drugs which were a violation of producing counterfeit and harmful drugs

    Words: 3408 - Pages: 14

  • Premium Essay

    Leg500 Assignment 3

    Assignment 3 Ivory Harris PharmaCARE Scenario Strayer University Prof. Campbell Stakeholders Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario. The primary stakeholders in a typical corporation are its investors, employees, customers and suppliers. According to Project Management Tips (PMTips.net/blog/defining-stakeholders, n.d.), some of the key characteristics of a stakeholder is a) a person who stands to

    Words: 1855 - Pages: 8

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    and potential alliance with other stakeholders, and the ability to affect the policy process (through power and/or leadership). The stakeholders in the PharmaCARE scenario are the healers in the African nation of Colberia, PharmaCARE’s executives, and Colberians who work in the manufacturing company. Human Rights Issues by PharmaCARE Human rights are rights inherent to all human beings, whatever our nationality, place of residence, sex, national or ethical origin, color, religion, language

    Words: 1650 - Pages: 7

  • Premium Essay

    Leg 500 Assignment 3

    November 28, 2015 Ethics and Corporate Responsibility in the Workplace and the World PharmaCARE is a hypothetical, successful, pharmaceutical company. The company is one of the world’s most successful pharmaceutical companies which enjoys the status of being a caring, ethical, well-run company that produces high-quality products which saves millions of lives and improves the quality of life for its consumers. PharmaCARE offers free and discounted drugs to low-income families who are unable to purchase

    Words: 2130 - Pages: 9

  • Premium Essay

    Ethics and Corporate Responsibility in the Workplace and the World

    of the company; or the company may be otherwise accountable to this stakeholder. PharmaCARE has several stakeholders that will continue to watch their progress in Colberia. The primary stakeholders are its shareholders/stockholders who will always seek a return on their investment (ROI). Every decision PharmaCARE makes will either increase or decrease RIO; this can be in the long-term or the short-term. PharmaCare additionally need to be concerned with opinions from members of Capitol Hill. Since

    Words: 1645 - Pages: 7

  • Free Essay

    Corp Responsibility

    Governance PharmaCARE (We CARE about YOUR health®) is one of the world’s most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produces high-quality products that save millions of lives and enhance the quality of life for millions of others The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently

    Words: 1704 - Pages: 7

  • Premium Essay

    Ethics

    24 November 2015 Professor Steve Harris LEG – Law, Ethics and Corporate Governance Strayer University Loading... 1. Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario. PharmaCare wouldn’t be PharmaCare without stakeholders. Stakeholders are the people associated with a company who play a vital role in the company’s success. Stakeholders can be individuals, groups or organizations who have a financial interest in the company’s

    Words: 1982 - Pages: 8

  • Premium Essay

    Ethics and Corporate Responsibility

    in a business such as Microsoft is positively affected, for example, when the company releases a new device and sees their profit and therefore stock price rise. (www.businessdictionary.com/definition/stakeholder.htm, n.d.) The stakeholders of PharmaCare include the customers they provide medicine for, the community, the sponsors along with the CEO and other employees. All of these people are affected by the decisions of the organization along with their actions, objectives and policies. Human

    Words: 1471 - Pages: 6

  • Free Essay

    Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

    decisions of PharmaCARE’s use of the diabetic drug AD23 in slowing the progression of Alzheimer’s disease. The drug was reformulated to maximize its effect on Alzheimer’s treatment however, PharmaCARE took actions to avoid the Food and Drug Administration in the reformulated drug for Alzheimer. PharmaCARE setup its own pharmacy company CompCARE to sell the new formulation to the public. CompCARE was able to take advantage of PharmaCARE’s databases, networks, and sales and marketing expertise to

    Words: 2197 - Pages: 9

  • Premium Essay

    Ethical Issues Relating to Marketing and Advertising, Intellectual Property, and Regulation of Product Safety

    failed to act accordingly to assist in reducing the risk. This is quite unethical. Virtue ethics- Using virtue ethics, emphasis is not on the rules, consequences or on one action, but more on the right and wrong analysis of an activity. Though PharmaCare was justified by intellectual property right to go ahead and carry out its duties, the activities were wrong and unethical since the character of company officials was negative. Ethics of care- by analyzing the company’s actions based on ethics

    Words: 3054 - Pages: 13