By David L. Finegold, Cecile M Bensimon, Abdallah S. Daar, Margaret L. Eaton, Beatrice Godard, Bartha Maria Knoppers, Jocelyn Mackie, Peter A. Singer
''Biotechnology and pharmaceutical businesses are frequently pushed by way of revenue ambitions, however the case experiences in Bioindustry Ethics exhibit that this can be more and more no longer on the rate of moral integrity. ...lend[s] very important insights to different executives and pros who may be constructing their very own practices and policies.'' - GENOMICS & PROTEOMICS (August 2005)
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In 2003, AstraZeneca paid a $355 million fine. Schering-Plough and other drug companies are now under investigation for, among other practices, paying doctors large “consulting” fees to prescribe their drugs. See Harris G. (2004, June 27). As Doctors Write Prescriptions, Drug Companies Write Checks. The New York Times, Section A1. 19 Hawthorne, p. 157. P9310_02 5/6/05 8:58 PM 44 Page 44 Chapter 2 manner. “Our commitment to ethics doesn’t always succeed—of course, human frailty does exist at Merck like everywhere else,” said Frazier.
A colleague at the Foundation suggested he contact the ERC, which agreed to partner with Merck. With financial backing from the Foundation, they have now helped to establish four ethics centers around the world, beginning with the United Arab Emirates (UAE) in 1998, followed by South Africa in 2000, Colombia in 2001, and Turkey in 2003. ”11 “We started with the UAE,” said Khalil, “because like Botswana (for the AIDS initiative) we wanted a demonstration project with a high likelihood of success.
P9310_02 5/6/05 8:58 PM 44 Page 44 Chapter 2 manner. “Our commitment to ethics doesn’t always succeed—of course, human frailty does exist at Merck like everywhere else,” said Frazier. ” To try to minimize any such occurrences, Merck has put in place several additional mechanisms to encourage the desired behaviors. These include: Hiring people with the right values and then reinforcing them—“I think we look for people who we believe have a similar value system, including how they make decisions, and what they’ve done earlier in their career,” said Yarno.