Major Pharmaceutical Companies
Pharmaceutical companies have a major social responsibility while performing on a profitable motive. Several public platforms are shared by major pharmaceutical companies because of this very purpose.
The pharmaceutical industry has lots of issues to deal with for profitable survival. The usa won't have regulations for drug prices, but other regulations monitor the functioning of pharmaceutical companies in the country. Fierce competition from illegal drug imports can be an issue that can not be ignored by major pharmaceutical companies.
There are several associations that represent pharmaceutical manufacturers. The International Federation of Pharmaceutical Manufacturers and Associations is surely an organization which is on the apex. It is just a non-profit and non-governmental organization. Its members are a couple of research based pharmaceutical, biotech and vaccine companies from both USA along with other countries also.
Organizations honestly, work with an international policy environment that is ideal for innovation in the pharmaceutical field. A survey of major pharmaceutical manufacturers suggests that collectively a 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 use of a platform just like an international association provides possibilities to major pharmaceutical companies to have collaborative relationships among themselves and foster industry growth in such a manner that delivers avenues for overall improvement in public health while being commercially profitable.
One of the main pharmaceutical companies is Eli Lily, a worldwide player. Their specialties include drugs for cancer, heart 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 an additional major pharmaceutical company which has contributed a great alleviate human and animal suffering. Located in The big apple, Pfizer had become 1849.
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