Pharmaceutical Industry Essay Example | Topics and Well Written Essays - 500 words - 1

Pharmaceutical Industry - Essay ExampleThis guarantees the evaluation of all pharmaceutic products in America where the Food and Drug Administration regards them as both safe and effective forwards the product can be widely distributed and sold (Laws.com, 2013). Failure to understand the medication or distribute thorough clinical trials of the product by a pharmaceutical lodge in this industry attracts accomplished lawsuits (Laws.com, 2013). The most popular pharmaceutical companies in this industry include GlaxoSmithKline, Pfizer, and AstraZeneca (Association of the British Pharmaceutical Industry, 2011) where pharmaceutical companies from the joined States dominate the industry (WHO, 2014).Pfizer Inc. is one of the largest pharmaceutical companies in the world in terms of revenues. Headquartered in unsanded York City, Pfizer Inc. is an American multinational pharmaceutical corporation and the worlds largest investigate-based pharmaceutical company (Pfizer Inc, 2013). The comp any does its research in Connecticut, get together States. It recorded US$ 58.98 billion revenues in 2012 (Pfizer Inc, 2013). Johnson & Johnson is another American multinational pharmaceutical company that embraces research and science with an aim of bringing innovative ideas, products and services to advance the health and well-being of people (Johnson & Johnson Services, Inc, 2014). Headquartered in New Brunswick, New Jersey USA, Johnson & Johnson is the worlds largest and most diverse medical devices and diagnostics company (Johnson & Johnson Services, Inc, 2014).