Tuesday, December 31, 2019
Fda s Position On Regulation Of Drug Promotion And...
  FDA s position on regulation of drug promotion and advertising has undergone a very interesting pathway, and this is clearly reflected in the way they have enacted their regulations. This process has    not been spontaneous but rather a result of extemporaneous pressure and events.  Initially, as the pharmaceutical industry was growing and rapidly developing, it was also unmonitored, and the claims they made about the products they advertised posed a risk for the consumers given the freedom they had to promote them. For example, the Pure Food and Drug Act was signed in 1906, but it was not stringent enough to prevent the sale of harmful substances: it was directed towards product labeling, and did not have any restrictions about advertising. This evidently created a loophole because it addressed only the topic of misbranding and label content, while false claims that were not included in the label were not prohibited. The tremendous growth experienced by advertising for food, drugs and cosmetics created a demand for the legislation that took place in 1938, the Federal Food, Drug and Cosmetics Act, where FDA was granted greater powers to regulate the industry. This was sharpened by the Sulfanilamide disaster that occurred in 1937: again, law of action-reaction ma   nifested, and this is exactly what I find the most interesting, how regulations have been made as a result or response to particular events. More than a preventive strategy, it has always been a reactive one. ButShow MoreRelated Tobacco Advertisements1733 Words à  |à  7 Pagesprecedent in court that was passed based on these advertisements, and current trends in tobacco advertisements today.    	The first print tobacco advertisements that used celebrities as the main focus of the advertisements came about during the 1950ââ¬â¢s in America.  Huge celebrities such as Phillip Morris would endorse cigarette smoking in print advertisements.  This type of marketing technique involves many social psychological theories.  One theory is the Social Impact Theory. According to three authorsRead MorePharmaceutical Industry Ethical Practices13569 Words à  |à  55 Pageschoices	12  	Competition among drug companies yields innovation	13  	From Patients to Medical Consumer	13  	Alphabetical Listing of Worldwide Pharmaceutical Companies	15  	Fortune 500, Top 12 Companies	22  	Pharmaceutical Companies of Pakistan	24  	Multinational origin Pharmaceutical units operating in Pakistan	24  	Top ten (10) companies in 2008	26  	Top 20 national pharmaceutical companies	26  	Laws for Pharmaceutical Marketing Worldwide	27  	Food and Drug Administrationà  (FDA)	27  	Laws for PharmaceuticalRead MoreThe Effects Of E Cigarettes On The United States5297 Words à  |à  22 Pages(Schroeder). Nicotine is a chemical that is produced by the tobacco plant. People have discovered that by smoking the leaves of  a tobacco plant the nicotine in the leaves is delivered into the bloodstream. Nicotine by itself is not an awful drug as far as drugs go, although it is highly addictive, it is the tar in cigarettes that does so much damage. Tobacco use remains the number one preventable cause of death in the U.S. with 480,000 Americans dying prematurely from tobacco related disease. KickingRead MoreEssay LEG 500 Assignment 33271 Words à  |à  14 PagesEthical Considerations in Marketing, Product Safety, and Intellectual Property   Sam Cook  Dr. William Stone  LEG 500  August 28, 2013                        1. Research three to five (3-5) ethical issues relating to marketing and advertising, intellectualà  property, and regulation of product safety.    When looking at PharmaCAREââ¬â¢s relationship with the Colberians, you see that the companyââ¬â¢s treatment of the indigenous population is unethical.  In terms of intellectual property, the scenario in AssignmentRead MoreMerck : A World Class Reputation3129 Words à  |à  13 PagesUnder his leading, Merck opened up several therapeutic areas and enhanced its reputation for bringing ââ¬Å"blockbustersâ⬠ to drug market. During the 1980s, Merckââ¬â¢s sales more than doubled and profits tripled. During 1987-1990, Merck ranked in top 10 most valuable companies in Businessweek.     2.	Problem Statement  Merck  Co. is a global leading position pharmaceutical company that is into drug research and production. However Merck suffered market share decrease from early 1990s while whole the sales of humanRead MoreMarketing Plan for Pharmasim3854 Words à  |à  16 Pagesmanagement team at the over-the-counter cold medicine (OCM) group of Allstar Brands is looking to utilize revenue generated by Allround to help fund new opportunities in emerging markets. Therefore, it is critical that Allround maintain its market-leading position in terms of market share, profitability, and sales in order to fund these new initiatives.  While Allround is a leader in brand awareness and brand most frequently purchased, there are direct competitors to Allround. These competitors offer variousRead MorePfizer Competitor Analysis3807 Words à  |à  16 PagesIndustry-Oncology Pharmaceuticals  Executive Summary    The value that the branded pharmaceutical industry adds to the US economy is growing slower than US GDP (Snyder, 2012). Rivalry has intensified while the rate of blockbuster drug development has slowed due to an increase in regulation from the government and the industry trade association, PhRMA. The number of new entrants is fairly low and some are exiting or consolidating through mergers and acquisitions. Downstream and upstream factors are crucialRead MoreFast Food1915 Words à  |à  8 Pagesand weaknesses whilst an external analysis considered the opportunities and threats posed to McDonaldââ¬â¢s as market leader.  Finally, short and long term strategic and tactical recommendations were outlined in order to enhance McDonaldââ¬â¢s competitive position within the global fast-food industry. These recommendations are both realistic and well supported, based upon the evaluation of their current strategy and activities.  3  2. Introduction  The global fast-food industry is dynamic with a variety ofRead MoreMonster Energy Essay11236 Words à  |à  45 PagesAnalysis         Monster Beverage Corporation  The Hansen Beverage company (recently changing their name to Monster Beverage Corporation on January 5th of 2012), was a family owned and operated company in the 1930ââ¬â¢s, selling freshly squeezed juices to local film studios.   In the 1970ââ¬â¢s, one of the Hansen brothers decided to transition their beverage business into marketing ââ¬Ënatural sodasââ¬â¢.  This was the upturn of the company that led them to where they are today. Today, Monster Beverage Corp. hasRead MoreCogave+Energy+Drink+Marketing+Plan7253 Words à  |à  30 PagesCustomer Needs	7  	Geographic Area	7  		VI.	Target Market Strategy	7  	Target Market	7  		VII.	Positioning Strategy	9  	Future Target Market	10  		VIII.	Marketing Mix	11  	Customer (Product)	11  	Cost (Price)	12  	Capabilities (Place)	14  	Competition (Promotion)	15  		IX.	Action Plan	16  		X.	Long Term Objectives	17       I. Executive Summary  The Cogavà ©m brand was inspired by a growing demand for a natural and healthy alternative to the current energy drink market.  Our flagship product, Cogavà ©m, includes    
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