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High Content Screening Analysis to Evaluate the Toxicological Effects of Harmful and Potentially Harmful Constituents (HPHC)
Published on: May 10, 2016
Accountability of the pharmaceutical industry
1Institute of Pharmacotherapy, University of Oslo, Trosterudveien 19, 0778, Oslo, Norway. mngdukes@online.no
The pharmaceutical industry faces ethical challenges, including drug pricing and global health disparities. Societal pressure and collaboration with voluntary organizations are crucial for reform.
Area of Science:
- Pharmaceutical industry ethics
- Global health policy
- Corporate social responsibility
Background:
- The pharmaceutical industry holds dual accountability to shareholders and the public.
- Current industry practices often conflict with societal well-being and global health equity.
Purpose of the Study:
- To critically examine the ethical shortcomings of the pharmaceutical industry.
- To propose a framework for holding multinational pharmaceutical corporations accountable to public health interests.
Main Methods:
- Analysis of industry practices concerning drug pricing, global health, innovation, and marketing.
- Review of existing governance and accountability mechanisms.
Main Results:
- Identified detrimental practices: excessive pricing, neglect of developing world needs, skewed innovation-promotion balance, interference with research, and market-driven influence on medical priorities.
- The industry is adaptable but requires external societal insistence for change.
Conclusions:
- The pharmaceutical industry must be reformed to align with public health interests.
- Effective reform necessitates government action complemented by strong advocacy from voluntary organizations representing public health.
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