Posts tagged "Big Pharma"

Is Ethics Training Important – Just ask Johnny Manziel and Martin Shkreli

Ethical training is as relevant and important for those in business as in sports; as meaningful for a professional football quarterback as for the CEO of a pharmaceutical company. To illustrate my point, let’s talk about the lives of Johnny and Martin. I don’t know if these two men have ever met, but they certainly have a great deal in common.  And the question we must ask is ethics training Important?

Is Ethics Training ImportantIt was Martin Shkreli, former head of Turing Pharmaceuticals who was ordered to testify in front of Congress last February. The congress people specifically wanted to ask Shkreli why he would take a $13.50 pill and raise the per pill price to $750.00, an increase of more than 5,550 percent. Not only has he shown no remorse, he smirked at the panel that was looking into the drug prices.

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Posted by Chuck Gallagher in Business and Personal Ethics, ethics training, Ethics Training and tagged , , , , ,

High Priced Cancer Drugs – Let the Ethical Debate Begin!

As I turned off a highway last week, there was a man standing on a small island where the exit merged with a main road. He held a sign saying that he would work for food.

PharmaFor some reason, I began to think of a recent article that had appeared in the New York Times (April 25, 2013) written about the high cost of cancer drugs. The article, entitled: “Doctors Denounce Cancer Drug Prices of $100,000 a year,” talked about the movement among influential cancer specialists to try to force the drug companies (what some folks call, Big Pharma) to reduce their prices.

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Posted by Chuck Gallagher in business ethics, cancer, Ethical Behavior, ethics, Health, Health Care and tagged , , , , , ,