Ethics and the Pharmaceutical Industry by Thomas M. Gorrie, Michael A. Santoro

Ethics and the Pharmaceutical Industry by Thomas M. Gorrie, Michael A. Santoro. Despite the pharmaceutical industry's notable contributions to human progress, including the development of miracle drugs for treating cancer, AIDS, and heart disease, there is a growing tension between the industry and the public. Debates are raging over how the industry can and should be expected to act. In this volume leading figures in industry, government, NGOs, the medical community, and academia discuss and propose solutions to the ethical dilemmas of drug industry behavior. They examine such aspects as the role of intellectual property rights and patent protection, the moral and economic requisites of research and clinical trials, drug pricing, marketing and advertising. . Michael Santoro is Associate Professor with tenure in the Business Environment Department at Rutgers Business School, where he teaches courses on business ethics, public policy, labor and human rights, law, ethical issues in the pharmaceutical industry and China business strategy. As a Research Associate at Harvard Business School, he wrote or co-authored nearly thirty case studies and teaching notes on ethical and legal topics such as global protection of intellectual property, insider trading, the Federal Sentencing Guidelines and Fair Credit Reporting Act. Thomas Gorrie is Corporate Vice President, Government Affairs & Policy, at Johnson & Johnson, with responsiblity for all federal, state and international government affairs and policy. He completed post-doctoral studies at the Swiss Federal Institute of Technology in Zurich, following the receipt of his doctorate at Princeton University. Gorrie has over 30 years of worldwide health care experience and has worked with various Johnson & Johnson companies in research and development, marketing and sales, business development, strategic planning, general management, international, venture capital, and health policy.PRAISE FOREthics and the Pharmaceutical Industry"Santoro and Gorrie's book tackles one of the most controversial issues affecting our society - 'healthcare: an economic commodity or basic human right?' At the heart of this debate is the role of the phar maceutical industry. The book highlights effectively the opposing forces underlying the tension between the need for financial incentives for drug discovery and the global need for affordable medicines. It succeeds in providing provocative yet balanced perspectives from leaders of industry, government, ethics, business and healthcare. This book is a must read."- Dr. Victor J. Dzau, President and Chief Executive Officer, Duke University Health System and Chancellor for Health Affairs, Duke University Medical Center"For intelligent debate on the crisis of confidence in Big Pharma, this volume is unsurpassed. Santoro and Gorrie have assembled an impres sive array of voices to tackle contentious issues plaguing the industry from physician professionalism and research integrity to drug pricing, direct-to-consumer advertising, and intellectual property rights. Combining rigorous analysis with provocative proposals for change, this timely volume should be prescribed reading for industry leaders, policy makers, and citizens alike." - Lynn S. Paine, John G. McLean Professor of Business Administration, Harvard Business School"This book provides thoughtful dialogue from diverse viewpoints on some of the most significant issues in health care - we need this kind of meaningful dialogue to happen more often."- Tommy G. Thompson, Former Secretary of Health and Human Services and Former Governor of WisconsinCAMBRIDGE UNIVERSITY PRESSwww.cambridge.orgISBN 0-521-85496-29780521 854962"