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Essay / Research Paper Abstract
This 4 page paper examines the pharmaceutical industry though this New York Times article. An outline is included. No additional sources cited.
Page Count:
4 pages (~225 words per page)
File: RT13_SA507Ca.rtf
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Unformatted sample text from the term paper:
than Mexico. 2. The Bush administration objects to cross border trading for pharmaceuticals. a. The FDA cannot control drugs outside of its purview. b. This is a safety issue.
II. Article Summary 1. Simon writes about the cross border trade occurring between Canada and the United States in respect to pharmaceuticals. 2. This is a policy
issue. 3. The two nations are at odds. 4. Canadian officials disagree with the U.S. position a. They do not see it as their problem. b. The Canadians claim that
this is a U.S. domestic issue. 5. The U.S. has the most expensive pharmaceutical system in the world as it does not have price controls. 6. The U.S. has data
to show that the trade is unhealthy and Health Canada agrees to look over the material. a. One problem is improper labeling. i. side effects ii. expiration dates 7. The
U.S. is responsible for what its citizens consume. III. Analysis 1. The article suggests that safety is the most important issue but it seems that there is a
profit motive as well. 2. Profit motive is evidenced by a. Drug company advertisements. b. No price controls. 3. This article provides a polite, superficial look at the
problem. 4. This is a financial issue. IV. Conclusion This article should be read by all managers interested in multinational business and by serious students of management. Drug
companies can lose a lot of money if in fact the importing of drugs is not stopped. The article broaches legal, ethical and multinational trade issues.
There has been much made of the fact that there are many United States citizens purchasing drugs from other countries. Because Canada is the nearest neighbor, and a bit more
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