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Pharmaceutical Industry

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PRESENTATION OUTLINE

Drugtopia

By: Brientae Duncan (sole proprietorship)
Photo by ccPixs.com

Opening senerion" Heinz dilemma"

  • A woman was on her deathbed. There was one drug that the doctors thought might save her. It was a form of radium that a druggist in the same town had recently discovered. The drug was expensive to make, but the druggist was charging ten times what the drug cost him to produce. He paid $200 for the radium and charged $2,000 for a small dose of the drug. The sick woman's husband, Heinz, went to everyone he knew to borrow the money, but he could only get together about $1,000 which is half of what it cost. He told the druggist that his wife was dying and asked him to sell it cheaper or let him pay later. But the druggist said: “No, I discovered the drug and I'm going to make money from it.” So Heinz got desperate and broke into the man's laboratory to steal the drug for his wife. Should Heinz have broken into the laboratory to steal the drug for his wife? Why or why not?
Photo by mag3737

The beginning

  • Started over 200 years ago but medicine has been evoloving and changing for all of mankind
  • Modernday industry didnt start untill the 1800's to 1900's perfected by german dye manufactures. They created the first pill that contain organic compounds which fought against disease
  • 1900's deasease such as pneumonia,tuberculosis and diarrehea were at large in America mortality for the first year execed 10% in most countries

The Pofit margine

  • $515 billion. Of the $1.05 trillion revenue for the global pharmaceutical market, nearly half of it -- roughly $515 billion -- comes from the U.S. and Canada.Jul 31, 2016
  • One of the most profitable industires in the world
  • Lead by comanies such as Pfizer, Johnson&Johnson,and gsk
Photo by Dave Dugdale

Fines/ broken regulations

  • Big pharma holds some of the bigest fines ever given in the health care history
  • In 2012 GlaxoSmithkline( gsk)pled to crimal charges and paid a 3 billion dollar fine for promotiong "anti depressents to miners" no drugs they promote are cannot be promoted to personell under 18 clearly stated by FDA
Photo by MaxPlante

My idea

  • Drug topia( open to name change/ sugestions) non- profit organisation
  • Mission statment: dedicated to asisting all people with equal acess to safe prescribed drugs at a cheap and afortible prices, at the swipe of a finger
Photo by Marvin Meyer

Process/steps

  • Buy drugs directly from manufacture test them ours selves to garentee they fit FDA regulations
  • Put them on our website where they can be purched with prof of doctors aprovel
  • Ship the directly to household at your covince
Photo by Marvin Meyer

Advertising

  • The laws of economics greatly apply to this industy compansines compete with each other to gain larger amounts of the market
  • Their is a need to promote drugs to both doctors and consumers in order to build awareness
  • 200 mill a year for companies in the U.S.
Photo by William Iven

Unaproved clinical trials

  • Only answers basic questions regarding a drugs safey but dones no always include studies about ways the drug will intercat with the human body
  • In the cases were studys are done the companies are selective about the information they release.
  • gsk is resposible for multiple law suits related to the efectivness of their drug paxil.
Photo by rawpixel

Morals/Ethics

  • In 2015 hiv drugs went from $13 dollars a tablet to 750 over night!
  • Martin Shkreli the founding chief ecsectutive of turning pharmaceuticals caused mass panic after final desion to inncrease price
  • He stated," The impact on the health system would be really small, the drug being rarely used, and the money earned from selling the drug would be used for research or development for a new drug toxoplamosis.

Final thoughs/End quote

  • " We won't have a cure for diseases until we first have a cure for greed,"(Dr.Sachin Patel)".
Photo by Trey Ratcliff