Major Pharmaceutical Companies

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


    The pharmaceutical industry has lots of issues to contend with for profitable survival. The us doesn't have regulations for drug prices, but several other regulations monitor the functioning of pharmaceutical companies in the united states. Fierce competition from illegal drug imports is also an element 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 can be an organization that is certainly at the apex. It's a non-profit and non-governmental organization. Its members are several research based pharmaceutical, biotech and vaccine companies from both USA and other countries too.

    Organizations genuinely, help a worldwide policy environment that is conducive to innovation from the pharmaceutical field. A study of major pharmaceutical manufacturers points too collectively the industry has almost 700 medicines from the pipeline. These medicines are targeted at providing relief to people suffering from various diseases like HIV/AIDS, cancer, heart diseases and stroke and others.

    The presence of a platform as an international association provides the possiblility to major pharmaceutical companies to own collaborative relationships among themselves and foster industry increase in a manner that provides avenues for overall improvement in public health while being commercially profitable.

    One of the main pharmaceutical companies is Eli Lily, an international player. Their specialties include drugs for cancer, cardiovascular diseases, neurological disorders, endocrinal disorders, diabetes as well as some infectious diseases. Cephalosporin, erythromycin, insulin and Prozac are among Eli Lily's major pharmaceutical breakthroughs. Pfizer is another major pharmaceutical company containing contributed a great deal to alleviate human and animal suffering. Located in Ny, Pfizer has been available since 1849.
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