The Pros And Cons Of The Pharmaceutical Industry
The tax benefits to the United States are substantial as well. Pfizer alone posted $44 billion worth of revenue in 2008, according to Contract Pharma. The economic climate impacts the pharmaceutical industry, but profitable companies result in more taxable revenue for the U.S. People may criticize this amount of profit from one company, but consider this: The underlying goal of every single business is to make money. People single out pharmaceutical companies for making profits, but it's important to remember that they also create products that save millions of lives.” …show more content…
Proper promotion and success of certain drugs can increase revenue which can allow the growth of more job opportunities with better wages. The industry can also help maintain and improve a person’s health. But on the contrary, the pharmaceutical industry can bring forth a lot of scandal, fraud and greediness, only worried about making profit and nt caring enough for consumers.
References * Capali, Nicholas. (2003). Corporate Social Responsibility and Business Ethics in the Pharmaceutical Industry. Retrieved on September 9, 2012 from http://www.bmpllp.com/files/CorporateSocialResponsibility.pdf. * Christ, Scott. (2012). The Benefits of the Pharmaceutical Industry. eHow.com. Retrieved on September 9, 2012 from http://www.ehow.com/list_6710523_benefits-pharmaceutical-industry.html#ixzz25zEYzmj7. * Lapon, Gary. (September 16, 2009). Wall Street Swine and the Vaccine Scandal. SocialistWorker.org. Retrieved on September 9, 2012 from