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“Business with Disease” in Pharma

Home Forums Our Health “Business with Disease” in Pharma

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  • #5478
    Mohammed Doyon
    Participant

    “Business with Disease” is a phrase often used to describe the pharmaceutical industry, which is the sector responsible for researching, developing, manufacturing, and marketing drugs and other medical products. The term suggests that pharmaceutical companies prioritize profits over the health and well-being of patients, and that they rely on the prevalence of disease to maintain their financial success.

    #5481
    Lauren Purcell
    Participant

    Pharmaceutical is a business that is motivated by profits, it’s important to note that many companies are also committed to advancing public health and well-being. They invest heavily in research and development of new treatments and cures for a range of illnesses, from cancer and heart disease to rare genetic disorders. However, it’s important to strike a balance between the business side of pharmaceuticals and the ethical obligations to help people live healthier lives.

    #5480
    Cody Brown
    Participant

    Critics of the pharmaceutical industry argue that the high prices of many drugs, particularly in the United States, make them inaccessible to those who need them most. In some cases, drug prices have been so high that they have sparked public outrage and calls for greater regulation.

    #5479
    Oscar Thompson
    Participant

    Pharmaceutical industry does play an important role in the development of new treatments and medications that improve and extend lives, it is also a highly-profitable business. Pharmaceutical companies invest billions of dollars into research and development, clinical trials, and marketing efforts to bring their products to market, and they rely on the sales of their products to generate revenue and profits.

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