5b-Impact of GlaxoSmithKline

Question 1

patent drugs

Answer 1

exclusive rights to produce a drug for up to 20 years

Question 2

Essential drugs

Answer 2

list of drugs that satisfy the main health care needs of the population

Question 3

Branded drugs

Answer 3

The brand name of the drug (like clothes) it has little reference to chemical name

Question 4

Generic drug

Answer 4

Drugs produced by a variety of companies + refers to its chemical description

Question 5

Where is GSK based

Answer 5

Uk Pharmaceutical company

Question 6

What is the aim of GSK slogan

Answer 6

“To help people do more,feel better, live longer”

Present themselves as a ethically positive company

Question 7

How much profit did GSK make in 2017

Answer 7

£30 billion

Question 8

How many vaccinations do GSK deliver a day and to how many countries

Answer 8

2 million vaccines in 160 countries

Question 9

Do GSK focus on communicable or non-communicable disease

Answer 9

Both
Respiratory + HIV

Question 10

How much do GSK spend on research and development of drugs + disease each year

Answer 10

£1 billion

Question 11

Give an example of evidence of GSK being ethical and not in it for profits

Answer 11

Publishing their findings + breakthroughs = allows other companies to produce similar drugs

Question 12

What percentage/ ratio of vaccines in development are targeted to drugs of Diseases prevalent in developing world - GSK

Answer 12

1/3

Question 13

What is the economic problem for GSK and other pharmaceutical companies when making drugs for LIDCs

Answer 13

The money / demand is low due to weak economies = they don’t have money to spend on expensive drugs

Yet drugs are urgently needed

Question 14

What percentage of profits from sales do GSK reinvest back into developing countries health infrastructure

Answer 14

20%

Question 15

How many community health workers across Nigeria + Ghana have GSK trained

Answer 15

10,000

Is that a lot for such massive areas ?

Question 16

What percentage of drugs produced by GSK are covered by pricing strategy’s

Answer 16

5%

Not affordable for LIDCs

Question 17

What does GSK do that proves they are in it for the profits and not the good of people

Answer 17

GSK withholds licenses to allow producing of Generic + Cheap drugs for HIV = GSK makes £2 billion a yr from HIV

Thousands of deaths as a result

Question 18

What does GSK do with the pricing of its key drugs

Answer 18

Excessive pricing

= mixed with desperate counties produce a Unending + Lucrative market

Question 19

What percentage of HIV drugs licenses do GSK own

Answer 19

40%

Question 20

How many drugs do GSK have on the market for the worst diseases

Answer 20

850

Question 21

Photo of positive + negative impacts of GSK on eradicating disease

Answer 21