Pharmaceutical companies Flashcards
How do pharmaceutical companies affect world health?
they can choose which drugs to develop and what prices to charge
How do pharmaceutical companies research and produce drugs?
More money in wealthier countries
More research and production of drugs that mainly affect wealthier countries, e.g. drugs for impotency
Improved health in wealthier countries
Profits made in wealthier countries used for research in poorer countries, e.g. malaria vaccines.
Improved health in poorer countries
How do pharmaceutical companies distribute and sell drugs?
Drugs cost a lot of money to research and develop
Pharmaceutical companies can set any price for drugs, because you can’t get them anywhere else
Global health is affected because poorer countries can’t afford the drugs they need
Can provide free or cheaper drugs for poorer countries by deals with wealthier countries
