An ethical dilemma arises when a person, company, organization, or country is forced to choose between some established law or principle and the consequences of setting aside that law or principle.

Brand name drug manufacturers believe they serve humanity by making life-saving drugs and ensuring that people who need their products have access to them.

But what if the wholesalers buying the productsfor example, online pharmaciesunethically or illegally abuse the process? What if the quality of the drugs is compromised? Can the risks to patient safety outweigh the benefits of getting medications to those who need them?

Here are some articles that should assist you in your posts.

Within the Discussion Board area, write 200250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

One of the reasons for the rising cost of healthcare in the United States is the cost of prescription drugs. It is a complex problem and poses many ethical dilemmas for which solutions have yet to be implemented. Pharmaceutical companies set the prices for drugs and negotiate the actual payments with insurers. Insurers do not always cover the full cost of the drugs, leaving even insured patients to pay out-of-pocket for their prescription drugs. Pharmaceutical companies spend a lot of money on developing new medications to help people. The price of the medication must cover the upfront costs of drug discovery, development and testing, and manufacturing. It must also include the cost of the clinical trials required for approval by the Food and Drug Administration (FDA) before the medication can be sold.

Read the following 3 articles about the high cost of drugs and how the pharmaceutical industry sets prices:

After reading the articles, answer the following questions:

  • What may be legally permitted is not necessarily ethical. What are your concerns from an ethical standpoint about the pricing of prescription drugs and the new therapies based on precision medicine discoveries such as the gene therapy described in the first article?
  • Pharmaceutical companies must make a profit to stay in business, be accountable to their investors, and be able to continue developing new medications. Imagine you are responsible for drug pricing for a pharmaceutical company. The CEO has tasked you with setting a price for a newly developed drug that is profitable for the company and shareholders based on the time and resources that were used for production. If you turn a profit, you will receive a bonus as well. How would you handle the price setting in this situation? Use the resources to justify your decision.

Responses to Other Students: Respond to at least 2 of your fellow classmates with at least a 50100-word reply about their Primary Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following question:

  • What differences or similarities do you see between your posting and other classmates’ postings?

For assistance with your assignment, please use your text, Web resources, and all course materials.

Discussion Board Rubric

Expectation Points Possible Points Earned Comments
Application of Learning Material Content: Post demonstrates understanding of Learning Material content.

20

Application of Course Knowledge: Post contributes unique perspectives or insights gleaned from personal experience or examples from discipline.

20

DB Responses: Responds substantively to two posts. Responses encourage interaction in the Discussion Board and classroom community.

20

Organization: Post presents information logically and is clearly relevant to discussion topic.

8

Professional Language: Posts contain accurate grammar, spelling, and punctuation with few or no errors. (APA formatting is not required.)

7

Total Points

75

Total Points Earned


What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."


“Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!”