A Heavy Dosage: The Pharmaceutical Industry Essay -- Health, Medicatio

Of all the booming businesses in recent history the pharmaceutical industry makes the largest profits of any industry making approximately ternary times more than the average fortune 500 company (Silverstein). At the forefront of the dose industries rise is the United States. The United States accounts for nearly half of the worlds pharmaceutical market, and the benefits argon evident. The United States is seeing come in high life expectancy on with an all time menial death rate (Life Expectancy at All sentence High). Countless lives have been bettered and saved because of the pharmaceutical industry and the medical checkup advances made within. However, people must remember that the pharmaceutical industry is as much a business as anything. Like any business they are looking to profit and the best interest of the consumer is not eer the top priority. Despite the opposition of eager clients, the pharmaceutical industry is in need of reform and more government regulation.Ev ery year 100,000 Americans fit from ethical drug drugs not including accidents or wrongly prescribed drugs, all these deaths are the results of side effects from properly prescribed and get windn drugs (Perdomo 1). That number hasnt gone down over the last decade and wont decrease until action is taken. Much of this is due to insufficient testing on drugs before being released. The testing process is too quick to take note some(prenominal) of the long term side effects that a drug may cause. Resulting in 250-300 drugs a year approved by the FDA being recalled (Greve). The standard procedure includes three phases of testing. However, not all drugs go by all phases of testing. If the early tests are successful the FDA often approves it prematurely. Also, if a drug is a minor altera... ...testing of prescription drugs is more rigorous and in-depth, better prescription drugs will reach the market and the ones with devastating effects can be filtered out. If the clinical testing was done by non-profit organizations and the FDA more closely monitored the process, the rot could be ended, ensuring that only safe drugs are approved. Some government apply guidelines placed on drug companies will protect Americans from the schemes of the industry along with lowering prices resulting in more affordable medication for the average citizen. more government control will also end the deceiving marketing tactical maneuver used by drug companies. The government involvement will take away the financial motives behind deceptive marketing. Making these changes will habituate all the good the pharmaceutical industry has to offer and eliminate many of the problems.