Pfizer, the world’s largest research-based pharmaceutical company, is now known as a high record fine paying company and is feared by many as the company has lost its customers’ trust when it was legally sued for the promoting drugs for unapproved usage.
This is clearly seen when one of Pfizer’s units had been pushing doctors to prescribe an epilepsy drug called ‘neurontin’ for uses in which the Food and Drug Administration had never approved. The circumstances is even worse considering the fact that Pfizer broke its pledge of not practising off-label marketing when it repeat this offense right after this issue came up in the court. This clearly shows that Pfizer is unethical as it has violated the law and broke its pledge all just in the interest of selling more products.
Besides that, in the article of “Pfizer’s Ethics Violations Hurts All of Us”, it is clearly seen that Pfizer does not give priority to its consumers but instead are being typical profit maximizing company. As a result of Pfizer selling drugs for unapproved uses, people are suffering and dying whereas the managers of Pfizer are joyfully escalating the sales curves.
Though Pfizer had been charged and has paid heavy amount of sums that adds up to billions, the amount of profit the company gets from this usage of unapproved drugs is still relatively higher. What is the issue that bothers us is the question as to how are they willing to commit such a crime even though they know their deed will cause harm to their nation. However, they do face the consequence of this not only by having to pay large sum of fine, but also losing their consumers trust and public reputation of their company forever.Here’s more info on the article sources: