Jane Fern's Pharmacists Guide

Saturday, October 24, 2009

Major Pharmaceutical Companies

By Elizabeth Morgan

Pharmaceutical companies have a major social responsibility while performing on a profitable motive. Several public platforms are shared by major pharmaceutical companies for this very purpose.

The pharmaceutical industry has several issues to contend with for profitable survival. The United States does not have regulations for drug prices, but several other regulations monitor the functioning of pharmaceutical companies in the country. Fierce competition from illegal drug imports is also an issue that cannot be ignored by major pharmaceutical companies.

There are several associations that represent pharmaceutical manufacturers. The International Federation of Pharmaceutical Manufacturers and Associations is an organization that is at the apex. It is a non-profit and non-governmental organization. Its members are several research based pharmaceutical, biotech and vaccine companies from both USA and other countries as well.

Organizations such as these, work for a global policy environment that is conducive to innovation in the pharmaceutical field. A survey of major pharmaceutical manufacturers indicates that collectively the industry has almost 700 medicines in the pipeline. These medicines are aimed at providing relief to people suffering from various diseases like HIV/AIDS, cancer, heart diseases and stroke among others.

The existence of a platform like an international association provides opportunities to major pharmaceutical companies to have collaborative relationships among themselves and foster industry growth in such a manner that provides avenues for overall improvement in public health while being commercially profitable.

One of the major pharmaceutical companies is Eli Lily, a global player. Their specialties include drugs for cancer, cardiovascular diseases, neurological disorders, endocrinal disorders, diabetes and several infectious diseases. Cephalosporin, erythromycin, insulin and Prozac are among Eli Lily's major pharmaceutical breakthroughs. Pfizer is another major pharmaceutical company that has contributed a lot to alleviate human and animal suffering. Based in New York, Pfizer has been around since 1849.

Parke-Davis, Proctor & Gamble, Bristol-Myers Squib, Johnson & Johnson, 3M Company, Mars Incorporated, Bayer AG, Quest Diagnostics, Tyco International and Cardinal Health Incorporated are a few of the major pharmaceutical companies in the USA.

Pharmaceuticals provides detailed information on Pharmaceuticals, Pharmaceutical Companies, Pharmaceutical Jobs, Pharmaceutical Naming and more. Pharmaceuticals is affiliated with Mexican Online Pharmacy.

Article Source: http://EzineArticles.com/?expert=Elizabeth_Morgan

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posted by Jane Fern Miranda at 11:24 PM 0 comments

Friday, October 23, 2009

The Attraction of the Pharmaceutical Industry

By Andrew Regan

Research and development is critical in all industries. And, when it comes to the pharmaceutical industry R & D not only generates income for the companies involved in the research but it often results in lives being saved, or at least in the quality of patient's lives being improved.

It can take many years, as well as millions of pounds to perfect and test a pharmaceutical product. In 2006 alone almost £4billion was spent on pharmaceutical research and development. Once developed, years of testing follow to ensure that any new drug or medicine adheres to the appropriate government guidelines before being released to the general public. During that period of development it can be a perplexing time for research scientists as they strive to find the perfect solution, for example to a life-threatening illness or a debilitating disease.

Indeed, it is that period of intense research, development and ultimately testing that makes branded drugs so initially expensive. For a number of years they are under patent to the pharmaceutical company that developed them and that exclusive reward for innovation is one of the reasons that drugs are developed in the first place. So, production of a ground-breaking drug not only helps humanity but can be extremely lucrative for the company responsible for developing it; either exclusive distribution or production under licence allows pharmaceutical companies to recoup their R &D costs, as well as add to their bottom line.

Because of the potential rewards available, anyone involved in the medical or pharmaceutical fields of research at the top level will have worked hard to get there. Research scientists are often enrolled on extensive post-graduate courses in order to expand their knowledge and learning by companies anxious to attract the best recruits.

But getting into the industry doesn't have to be through the research scientist route. There are many pharmaceutical jobs that aren't involved in front-line research such as marketing, accounting, engineering and IT. In recent times, according to the Association of the British Pharmaceutical Industry (ABPI), the pharmaceutical industry in the UK employs over 68,000 people and many are not directly involved in research.

However, despite the promise of potentially vast financial rewards many of those involved in the industry chose to go into pharmaceutical research for altruistic reasons, whether directly involved in research or not. Such noble reasons for entering the industry include the opportunity to help develop vaccines, medicines and cures in order to reduce the number of life-threatening and debilitating illnesses in both humans and animals. Indeed, for the many employees in the pharmaceutical industry, the best reward for their years of hard work and dedication is the chance to improve people's lives.

Andrew Regan writes on behalf of a digital marketing agency. He hopes you enjoyed his article, but urges you to seek further understanding of its topics before making any decisions based on its content.

Article Source: http://EzineArticles.com/?expert=Andrew_Regan

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posted by Jane Fern Miranda at 10:38 AM 0 comments