Glaxosmithkline and Aids Drugs for Africa Essay
What comes to mind when you hear the words “pharmaceutical company”? There are many ways to define a pharmaceutical company. According to the Princeton review, a pharmaceutical company is a drug company that makes and sells pharmaceuticals. Another definition for a pharmaceutical company is an industry that develops, produces, and markets drugs licensed for use as generic and/or brand medications. These companies are subject to a variety of laws and regulations regarding the patenting, testing and marketing of drugs.
One of the largest pharmaceutical companies in the world today is GlaxoSmithKline PLC (GSK). GlaxoSmithKline PLC (GSK) was formed in December 2000 through a merger of …show more content…
Very few Africans afflicted by the pandemic had access to the most recent medicines and treatments. In the early 2000s, the standard therapy for AIDS consisted of a combination drug that suppressed the HIV virus that caused the disease. Such a drug “cocktail” was very expensive, typically costing between $10,000 and $15,000 a year in the United States. Most individuals in the sub-Saharan Africa did not carry public or private health insurance and