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Major Pharmaceutical Companies
Pharmaceutical companies use a major social responsibility while performing over a profitable motive. Several public platforms are shared by major pharmaceutical companies for this very purpose.
The pharmaceutical industry has several issues to deal with for profitable survival. The us won't have regulations for drug prices, but many regulations monitor the functioning of pharmaceutical companies in the united states. 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 can be an organization that 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 and also other countries also.
Organizations honestly, help an international policy environment that's ideal for innovation inside the pharmaceutical field. Market research of major pharmaceutical manufacturers shows that collectively the has almost 700 medicines in the pipeline. These medicines are aimed at providing relief to folks being affected by various diseases like HIV/AIDS, cancer, heart diseases and stroke and others.
A good a platform like an international association provides opportunities to major pharmaceutical companies to get collaborative relationships among themselves and foster industry growth in a manner that provides avenues for overall improvement in public places health while being commercially profitable.
One of the main pharmaceutical companies is Eli Lily, a worldwide 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 yet another major pharmaceutical company that has contributed a great alleviate human and animal suffering. Based in New York, Pfizer had become 1849.
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