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12127. SOCIAL RESPONSIBILITY IN THE PHARMACEUTICAL INDUSTRY. This paper investigates social responsibility (or the lack thereof) within the pharmaceutical industry, looking specifically at issues surrounding research and product development, pricing, and marketing. Concludes that the industry has met its social obligations (as defined by Friedman) of profit maximization, but has failed to meets its social responsibility to develop and market safe and effective products at a price which does not deprive major segments of the population from effective medical treatment. 10 pages, 36 footnotes, 22 bibliographic sources.   $70


Copyright 2002 Academic Research Papers

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