Moral vs. $$
Dec 6th, 2010 by kevinhung
The goal of companies are to make profit. They are free to take any measure or action within the laws and regulations set by the government to maximize their profit. Unfortunately some companies are willing to take the risk of practicing unethically action for their own benefit. Sometimes they get away with it, but when they are caught its a huge price to pay.
On October 26th, Glaxo settled criminal and civil complaints with $750 million US for knowingly selling contaminated baby ointment and an ineffective antidepressant. This is just one of the “growing number of multimillion-dollar whistle-blower lawsuits”. Cheryl D. Eckard, Glaxo’s quality manager was fired after warning the company regrading the contamination of a plant in Puerto Pico. What’s the point of the point of having a quality manager if you are going to fire her? Clearly Glaxo only wanted to meet the minimum requirement to obtain its license.