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Homework answers / question archive / Create a 6 pages page paper that discusses pharmacists turnover intentions

Create a 6 pages page paper that discusses pharmacists turnover intentions

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Create a 6 pages page paper that discusses pharmacists turnover intentions. The pharmaceutical industry is also credited with developing the oral pill which altered people's social and sexual behavior, anti-depressants, analgesics, antibiotics, sedatives and tranquilizers, to name just a few. This industry plays a vital part in the health care industry, as without drugs, doctors have nothing to prescribe to their patients. It is credited with improving health and increasing longevity.

The industry has been subjected to competitive pressures like those from competing for nutritional supplements and products from the field of complementary and alternative medicine. There were also new regulations separating prescription and non-prescription drugs. Global trends point to a downward pressure on drug prices while advocacies like environmentalism and animal rights (use of animals as testing subjects) further put the industry on notice in its practices. The growth of the Internet has fueled the rise of consumerism which transformed the pharmaceuticals industry in a substantial way. Easy access to on-line information about drugs and the availability of on-line pharmacies allowed people to purchase directly that bypassed its marketing and distribution channels. The industry has to fight patent infringements and accusations of disease-mongering to frighten people into buying unnecessary medications.

The pharmaceutical industry can be understood from the perspective of big business. Drug discovery and development that begins with identifying a chemical compound as a new potential drug is a very long and expensive process. It starts with pre-clinical development, clinical trials and an on-going safety monitoring process that can jack up the total cost of new drugs to approximately $1 billion before these drugs can even be marketed. If marketing and other expenses are included, that figure hovers close to $1.8 billion before any revenue can be realized. The economics of the industry is to produce drugs that treat illness in big numbers of people rather than just a few rare diseases.&nbsp.

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