| If asked to name one thing that affects our life in | | | | any ailment. Millions are spend in this type of research. |
| most phases one would hardly say pharmaceuticals. | | | | And once any company hopes to have created any |
| But wait this is a fact that most of us since our birth | | | | new medicine it has to pass through many different |
| depend on pharmaceuticals in one-way or other. | | | | stages to get the approval of the drug controlling |
| Definitely by age our dependence on pharmacy | | | | authority, FDA. FDA governs the stages of research, |
| products increases but even teenagers and young | | | | development and manufacture that have been |
| ones consume a big percentage of pharmaceutical | | | | undergone for any new drug before being exposed |
| derivatives. | | | | to consumers. Only after it has approved and given |
| Pharmaceuticals play a vital role in our day-to-day | | | | its quality assurance any drug shall be sold to public. |
| living. And hence their rising costs are destined to be | | | | Even before any drug is presented to FDA it |
| our major concern. The ever growing prices of | | | | undergoes intensive testing which is carried on |
| pharmaceutical products severely pinches one's | | | | animals and even humans. These tests confirm about |
| pocket, cause this is one area where there is no | | | | the effectiveness of the medicine and makes sure |
| choice of take or leave. If a person is suffering from | | | | that the invented drug does not have any serious |
| certain disease and the doctor prescribes him any | | | | side effects. Animals that are used to carry these |
| medicines he must purchase it whether it suits his | | | | tests often raise a controversy among the |
| pocket or not. One is left with no choice but to pay | | | | environmentalists. They strongly object about animals |
| the chemist. Hence there is a great need to regulate | | | | being tortured for the benefit of mankind. While the |
| the prices of drugs, at least to watch that its price is | | | | companies defend by saying that it is important to |
| not much above the cost incurred plus a marginal | | | | save mankind and those animals can easily reproduce. |
| profit for the manufacturing company. As of now | | | | Whatever be the case this controversy goes on |
| many market leaders are found to price their | | | | forever without a suitable solution. All this research |
| monopoly drugs at a very high rate. Even medicines | | | | work is necessary so that the ultimate consumer |
| or regular use are very costly. Drugs sold by | | | | gets nothing but the best. |
| prescription being much more expensive than those | | | | With the high growth rate in the pharmaceutical |
| sold over the counter by the chemist. Hence, a | | | | industry all the companies employed in this sector are |
| person is often tempted to go for over the counter | | | | facing though competition. There is a constant |
| choice. | | | | endeavor to attract the consumers by direct |
| Big pharmaceutical players in the market also pay | | | | marketing and efficient advertising plans targeted |
| much attention to research and development of new | | | | towards customers. We all need to be aware of |
| medications possible. A big amount of money is | | | | what types of drugs are available in the market and |
| invested in the R & D branch of the industry. | | | | take our judgment meticulously and not get carried |
| Based on the market requirements and demands | | | | away by advertisements. |
| companies try hard to invent a suitable drug to cure | | | | |