Profits before people? : ethical standards and the marketing of prescription drugs

• Main Author: Weber, Leonard J.
• Format: eBook Book
• Language: English
• Published: Bloomington Indiana University Press 2006
• Edition: 1
• Series: Bioethics and the Humanities
• Subjects: Criticism; Drug Industry > economics > United States; Drug Industry > ethics > United States; Drugs; Economics; Ethics; Marketing; Marketing > ethics > United States; Marketing > Moral and ethical aspects > United States; MEDICAL; Moral and ethical aspects; Morals; Pharmaceutical industry; Pharmaceutical industry > Moral and ethical aspects > United States; Pharmaceutical Preparations > United States; Profit maximization; U.S.A; United States
• ISBN: 0253347483; 9780253347480

The pharmaceutical industry has come under intense criticism in recent years. One poll found that 70% of the sample agreed that drug companies put profits ahead of people. Is this perception accurate? Have drug companies traded ethics for profits and placed people at risk? In Profits before People? Leonard J. Weber exposes pharmaceutical industry practices that have raised ethical concerns. Providing systematic ethical analysis and reflection, he discusses such practices as compensating physicians for serving as speakers or consultants, providing incentives to physicians to enroll patients as subjects in clinical research, and advertising prescription drugs to the public through the mass media. Weber's critique of the industry is stern. While acknowledging that new industry guidelines are promising, he finds much room for improvement in the way drug companies market their products. Yet Weber makes a strong case that profits and ethics can coexist and that they are not mutually exclusive. In an effort to understand the proper place of commerce in disseminating information about new drugs, the book aims to clarify basic responsibilities and to help identify sound ethical practices. It recognizes that ethics and law are not the same, that having a right is different from doing the right thing, and that taking ethics seriously means recognizing that the law does not answer all questions about what is right. Weber points the way to more demanding standards and better practices that might begin to restore confidence in the drug industry.