Tuesday, February 4, 2014

Ethics of Merck

Introduction Most people turn to pharmaceutical companies when they ar ill fortune or in pain. In the incident of Merck, thither was nonpareil medicate that was determined could possibly dumbfound fatal human face effects for those taking it. rofecoxib was first put on the marketplaceplace in 1999, and was voluntarily removed by 2004. The company learned that bingle of the doses fount effects could be increase risk of tinder good time or stroke. in one case these side effects become a major concern, Merck was facing a long battle of lawsuits and fiscal losses. Problem The job for Merck was the introduction of the drug Vioxx. Vioxx was developed as a drug to help those who suffer from arthritis as healthful as other pains caused by inflammation. Vioxx was released in 1999 aft(prenominal) the Food and Drug Administration approved the drug for use. evening before the release, however, Merck inquiryers were concerned about cardiovascular risks th at could be associated with the drug. These researchers believed that in that respect could be some cardiovascular issues, but the drug was unperturbed approved. Although there were concerned the drug was released and became very successful. The sideline graph shows the sales earned from the sale during the short time the drug was on the market (Lawrence, 481, Merck, the FDA). U.S. Prescriptions DispensedU.S. gross revenueU.S. Sales of Vioxx as % of Total Merck Sales 19994,845,000$372,697, 0002.2% 200020,630,000$1,526,382,0007.8% 200125,406,000$2,084,736,0009.8% 200222,044,000$1,837,680,0008.6% 200319,959,000$1,813,391,0008.1% 200413,994,000$1,342,236,0005.9% One can moderate that there was a demand for the drug during these six years. tidy lend were effectively using the drug and most were not shortsighted from side effects. There were some, however, that were affected. After years of tremendous sales, research finally convinced Merck to pull the drug off the market after studies showed that sub! jects were twice as likely to have union attacks or strokes after 18 months of use...If you want to get a full essay, order it on our website: BestEssayCheap.com

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