Description
Read through ALL readings and answer the following:
What is the controversy about Big Pharma?, i.e., what are ethical “Issues”?
Who are the various stakeholders for Big Pharma?
Relate to public policy making and also ethics regarding economics (research outside of reading regarding economic ethics topic will be required for sufficient answer).
Ethics and Public Policy
Richard McGowan, S.J.
Issue: Big Pharma
Various articles on regulating Big Pharma
Assignment Questions:
1.) What is the controversy about Big Pharma?, i.e., what are ethical “Issues”?
2.) Who are the various stakeholders for Big Pharma?
3.) What is the nature of competition in the Big Pharma Industry?
4.) What is “fair” rate of return for a Big Pharma investment?
5.) How long should a Big Pharma be able to protect its Patent rights?
6.) What kind of research could economists contribute to the various issues surrounding Big
Pharma?
Group 3 will present this industry.
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