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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.


The pharmaceutical industry has lots of issues to deal with for profitable survival. The usa won't have regulations for drug prices, but other regulations monitor the functioning of pharmaceutical companies in the country. Fierce competition from illegal drug imports is also an issue that cannot be ignored by major pharmaceutical companies.

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

Organizations like these, work with an international policy environment that's ideal for innovation within the pharmaceutical field. A survey of major pharmaceutical manufacturers suggests that collectively the market has almost 700 medicines from the pipeline. These medicines are directed at providing relief to individuals being affected by various diseases like HIV/AIDS, cancer, heart diseases and stroke amongst others.

The presence of a platform just like an international association provides opportunities to major pharmaceutical companies to possess collaborative relationships among themselves and foster industry increase in a way that provides avenues for overall improvement in public health while being commercially profitable.

One of the leading pharmaceutical companies is Eli Lily, a global player. Their specialties include drugs for cancer, cardiovascular diseases, neurological disorders, endocrinal disorders, diabetes as well as some infectious diseases. Cephalosporin, erythromycin, insulin and Prozac are among Eli Lily's major pharmaceutical breakthroughs. Pfizer is yet another major pharmaceutical company that has contributed much to alleviate human and animal suffering. Operating out of The big apple, Pfizer has been around since 1849.
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