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Major Pharmaceutical Companies





Pharmaceutical companies have a very major social responsibility while performing with a profitable motive. Several public platforms are shared by major pharmaceutical companies with this very purpose.

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The pharmaceutical industry has several issues to take care of for profitable survival. America won't have regulations for drug prices, but many regulations monitor the functioning of pharmaceutical companies in the country. Fierce competition from illegal drug imports is also an issue that is not ignored by major pharmaceutical companies.

There are many associations that represent pharmaceutical manufacturers. The International Federation of Pharmaceutical Manufacturers and Associations is surely an organization that's at the apex. It is just a non-profit and non-governmental organization. Its members are many research based pharmaceutical, biotech and vaccine companies from both USA and other countries at the same time.

Organizations like these, work with a global policy environment that is ideal for innovation within the pharmaceutical field. Market research of major pharmaceutical manufacturers indicates that collectively a has almost 700 medicines inside the pipeline. These medicines are directed at providing relief to the people experiencing various diseases like HIV/AIDS, cancer, heart diseases and stroke amongst others.

The use of a platform like an international association provides the opportunity to major pharmaceutical companies to possess collaborative relationships among themselves and foster industry growth in such a manner providing you with avenues for overall improvement in public places health while being commercially profitable.

One of the main pharmaceutical companies is Eli Lily, an international player. Their specialties include drugs for cancer, cardiovascular diseases, neurological disorders, endocrinal disorders, diabetes and lots of infectious diseases. Cephalosporin, erythromycin, insulin and Prozac are among Eli Lily's major pharmaceutical breakthroughs. Pfizer is the one other major pharmaceutical company containing contributed a great deal to alleviate human and animal suffering. Located in The big apple, Pfizer has been around since 1849.
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