Major Pharmaceutical Companies

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


    The pharmaceutical industry has lots of issues to take care of for profitable survival. The United States won't have regulations for drug prices, but a number of other regulations monitor the functioning of pharmaceutical companies in the united states. Fierce competition from illegal drug imports can also be an element that can't be ignored by major pharmaceutical companies.

    There are many associations that represent pharmaceutical manufacturers. The International Federation of Pharmaceutical Manufacturers and Associations is surely an organization that is at the apex. This is a non-profit and non-governmental organization. Its members are some research based pharmaceutical, biotech and vaccine companies from both USA and other countries also.

    Organizations honestly, work with a global policy environment that is certainly ideal for innovation within the pharmaceutical field. Market research of major pharmaceutical manufacturers suggests that collectively a has almost 700 medicines from the pipeline. These medicines are directed at providing relief to people struggling with various diseases like HIV/AIDS, cancer, heart diseases and stroke and others.

    A good a platform like an international association provides the possiblility to major pharmaceutical companies to have collaborative relationships among themselves and foster industry development in such a manner providing you with avenues for overall improvement in public areas 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 as well as some 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 Nyc, Pfizer had become 1849.
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