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Big Pharma Research Paper

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Big Pharma Research Paper
Big, Bad Pharma: An Unnecessary Evil

Big, Bad Pharma: An Unnecessary Evil
Big Pharma, or the pharmaceutical industry's giant corporations, have earned record profits, falsified clinical trial data and corrupted the healthcare industry according to many industry critics including a recent report posted on Globalresearch.ca.[1] The industry's story parallels the history of other corporate monopolies such as Big Oil, the Railroad Industry, Big Agriculture, banking interests and other industrial giants. In fact, one of the primary founders of privatized health care--the Rockefeller family--has been accused of multiple monopolistic and ethical lapses in banking and other industries. Big Pharma financed many of the medical advances made since the …show more content…
Many drugs that Big Pharma shepherded through FDA approval--drugs like Vioxx, Fen Phen, Celebrex and Zohydro--killed hundreds of people before they were removed from pharmacy shelves. The medical industry and consumers no longer need Big Pharma or its inherent evils. Small, independent researchers, University research departments, private laboratories, government studies and the experiences of hospitals and medical clinics--working autonomously--can deliver better results faster than Big Pharma ever could or would unless those results guaranteed huge profits and virtual marketing monopolies.

References:

[1] Globalresearch.ca: The Evils of Big Pharma Exposed

[2] Pwc.com: Industry challenges www.pwc.com/gx/en/industries/pharmaceuticals-life-sciences/pharma-2020/industry-challenges-and-issues.html [3] Forbes.com: Transparency Is Still A Problem As Big Pharma Struggles With Its Image www.forbes.com/sites/johnlamattina/2015/05/05/transparency-is-still-a-problem-as-big-pharma-struggles-with-its-image/#583403e37e86 [4] Thedailybeast.com: Big Pharma Is America’s New Mafia
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