Opinion: Can Ethics And Business Co-exist?
By Shrivika Ramaswamy
December
14, 2008
Ethics is always a difficult topic to discuss because there are
not defined rules. Many times, ethical decisions come down to personal
judgment. Therefore, every business has its own particular code of ethics. Too
often, the line is blurred between ethics and furthering business sales.
An example of this blurred line is deceptive advertising. The
FTC defines this as being a representation, omission, act or practice that is
likely to mislead consumers acting reasonably under the circumstances. Many
companies deceptively advertise products to downplay the negatives and
emphasize benefits to increase sales. While the deception may not be as serious
in all cases, poor ethics in the pharmaceutical industry can cost people their
lives.
Recently, Pfizer, one of the largest pharmaceutical corporations
in the world with a $115 billion market cap, has been under litigation for
fraud in attempting to skew trial results. According to experts hired by
plaintiffs suing the company, Pfizer "spun'' medical studies that
undermined the drug maker's campaign to expand sales of its Neurontin epilepsy
treatment. Evidence of this became more apparent as researchers and
investigators reviewed findings released in prominent medical journals.
One of the experts who reviewed the documents, Dr. Kay Dickersin
of the Johns Hopkins Bloomberg School of Public Health, concluded in the San
Francisco Chronicle that the Pfizer documents spell out "a publication
strategy meant to convince physicians of Neurontin's effectiveness and
misrepresent or suppress negative findings."
The allegations of fraud with Neurontin are particularly
shocking considering Pfizer paid $430 million in 2004 to settle off-label
marketing allegations involving Neurontin by the U.S. Justice Department,
according to an article by Cary O'Reilly, a columnist for Bloomberg financials.
This leads us to question whether penalties placed on pharmaceutical firms are
deterring companies from potential manslaughter.
Though Pfizer's case has received considerable attention of
late, there have been numerous monetarily immense penalties placed on
drug-makers in the past. In the past few years, both Merck and
Schering-Plough faced similar allegations as the scientific community analyzed
reports. Quite often, however, the zeros on a check expediently silenced the
outcry of the scientific community.
Last winter, Merck and Schering-Plough were criticized for
delaying the release of a study on their best-selling cholesterol medication,
Vytorin, which showed the drug did not slow the growth of plaque in
arteries.
Then again in April, a group of academic doctors questioned the
validity of drug industry research after finding that Merck had hired
ghostwriters to produce scientific articles about Vioxx, and then recruited
prestigious doctors to serve as the article's official authors. Vioxx, a
painkiller, was withdrawn from the market in 2004 after research indicated it
could cause strokes and heart attacks.
Though Vioxx passed FDA testing, it was recently withdrawn from
the American market since it may have contributed to more than 60,000 deaths
worldwide, according to the Chinese National Press.
Current estimates that the largest lawsuit against Merck may be
in excess of $18 billion according to the New York Times. The suit alleges
that the company rushed Vioxx to market without adequate tests and downplayed
risks of heart attacks and strokes from the blockbuster drug before voluntarily
withdrawing it from the market last year.
As with Pfizer, though the companies may have or will eventually
be fined what appears to us to be a hefty sum, does it really justify the lives
lost due to unexpected drug interactions of side effects? The blood of
60,000 people should rest on someone's shoulders.
Monetary fines are not enough to deter major pharmaceutical
corporations from killing innocent Americans. Greater accountability is
needed to ensure the chain of command cannot hide the true culprits in such
acts.
They should be put on trial for the crime's they have committed,
murder. It is quite evident that $430 million is a slap on Pfizer's
wrist, especially when Neurontin sales alone were more than $2.3 billion in
2002. Individuals at Pfizer should be held accountable, and perhaps, even
FDA officials.
Though the government has recently emphasized initiatives for
closer review by institutional review boards, a precedent needs to be
set. An example must be made out of the suits and lab coats that are
willing to risk lives in order to raise profit margins.
If significant actions are not taken now to punish those in the pharmaceutical industry who abandon their scruples, we will see more and more innocent people dying from preventable causes.



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