Major Pharmaceutical Companies

Pharmaceutical companies have a major socialrelief to people suffering from various diseases like
responsibility while performing on a profitable motive.HIV/AIDS, cancer, heart diseases and stroke among
Several public platforms are shared by majorothers.
pharmaceutical companies for this very purpose.The existence of a platform like an international
The pharmaceutical industry has several issues toassociation provides opportunities to major
contend with for profitable survival. The Unitedpharmaceutical companies to have collaborative
States does not have regulations for drug prices, butrelationships among themselves and foster industry
several other regulations monitor the functioning ofgrowth in such a manner that provides avenues for
pharmaceutical companies in the country. Fierceoverall improvement in public health while being
competition from illegal drug imports is also an issuecommercially profitable.
that cannot be ignored by major pharmaceuticalOne of the major pharmaceutical companies is Eli Lily,
companies.a global player. Their specialties include drugs for
There are several associations that representcancer, cardiovascular diseases, neurological disorders,
pharmaceutical manufacturers. The Internationalendocrinal disorders, diabetes and several infectious
Federation of Pharmaceutical Manufacturers anddiseases. Cephalosporin, erythromycin, insulin and
Associations is an organization that is at the apex. ItProzac are among Eli Lily's major pharmaceutical
is a non-profit and non-governmental organization. Itsbreakthroughs. Pfizer is another major pharmaceutical
members are several research based pharmaceutical,company that has contributed a lot to alleviate
biotech and vaccine companies from both USA andhuman and animal suffering. Based in New York,
other countries as well.Pfizer has been around since 1849.
Organizations such as these, work for a global policyParke-Davis, Proctor & Gamble, Bristol-Myers
environment that is conducive to innovation in theSquib, Johnson & Johnson, 3M Company, Mars
pharmaceutical field. A survey of majorIncorporated, Bayer AG, Quest Diagnostics, Tyco
pharmaceutical manufacturers indicates thatInternational and Cardinal Health Incorporated are a
collectively the industry has almost 700 medicines infew of the major pharmaceutical companies in the
the pipeline. These medicines are aimed at providingUSA.