Merck, The Fda, And The Vioxx Recall

1166 words - 5 pages

Do you believe that Merck acted in a socially responsible and ethical manner with regard to Vioxx? Why or why not? In your answer, please address the company’s drug development and testing, marketing and advertising, relationships with government regulators and policymakers, and handling of the recall.
No, Merck didn’t act in a corporate social responsibility in regards to Vioxx. Corporate social responsibility means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment.
Over a five year period from 1999 to 2004 over 139,000 people in the United States has ...view middle of the document...

As of mid-August of 2005, more than 4,200 civil suits have been filed against the company for Vioxx ( Reuters, 2005). For example, the state of Texas has sued Merck for violating its Medicaid fraud law and demands $168 million from the company.
What should or could Merck have done differently, if anything?
It appears that Merck's executives either forgot to follow or chose to ignore George W. Merck's advice when they made decisions regarding Vioxx.
In our free-enterprise system, the basic purpose of a company should be to satisfy its target customers' needs and wants effectively, competitively, ethically, socially responsibly, and profitably. Companies express this idea through different words in order to fit their particular business situations.
What is the best way for society to protect consumers of prescription medicines? Specifically, what are the appropriate roles for pharmaceutical companies, government regulators and policymakers, patients and their physicians, and the court system in assuring the safety and effectiveness of prescription medicines?
Although a successful business must be a profitable one, the corporate behavior of maximizing profit at the expense of ethics and social responsibility is highly objectionable and should be discouraged. The Vioxx recall case is a perfect example.
A business must carefully balance profit and social responsibility. When business executives fail to maintain this balance and seek undeserved or excessive profit, problems will occur. Such problems frequently cause severe damage to both the company and its customers. Tomorrow's most successful and competitive companies will be those that combine a commitment to profitability with an explicit commitment to advancing the public interest.
Protection of the public from these risks typically takes two forms. Before such products can be sold, manufacturers must satisfy the Food and Drug Administration (FDA) that they are safe and effective. Tort law private lawsuits brought by injured patients’ serves as a second method of influencing manufacturers' behavior. The threat of lawsuits alleging that a drug or device was defectively designed, defectively manufactured, or accompanied by inadequate warnings which arise under state rather than federal law gives manufacturers an incentive to take all reasonable precautions to ensure that their products are as safe as possible and that all knowable risks are adequately disclosed. Actual lawsuits can provide compensation to the injured and result in a product's removal from the market.
The weight that the Supreme Court gives to this FDA opinion...

Other Essays Like Merck, the Fda, and the Vioxx Recall

Don't Trust The Labels: Be An Informed Consumer Uses The Argument That Nutritional Supplements Should Undergo Testing By The FDA, Like Any Other Drug, Before They Are Put On The Market

5753 words - 24 pages . Times have not changed. According to Amanda Spake, nearly half of all Americans take, or have taken, some type of "performance enhancing" dietary supplement. American consumers spent nearly 31 billion dollars in 1999 on dietary supplements. "The Food and Drug Administration (FDA) has over 2,900 adverse event reports about ephedrine, ginkgo, St John's wort, ginseng, and thousands of other supplements; these include 104 deaths. For every adverse

The Prince and the Pauper Essay

1018 words - 5 pages The Prince and the Pauper Mark Twain The story of “The Prince and the Pauper” is a great American classic. The novel takes place in the city of London. While half of the story takes place in the grand palace, the other takes place in the “Offal Court” just off of Pudding Lane. Although published in 1881, the setting is that of 1547 England. This work of fiction details a “true story” that has been passed down through generations from

The Sperm and the Egg

517 words - 3 pages The Sperm and the Egg   The reproductive system is responsible for the creation of new life. Humans have sexual intercourse and reproduce.. This means that a male and female come together to form a new baby. There is a lot of different processes that it takes for sperm and an egg to fertilize. The life span of a female’s egg typically is about 24 hours. The life span of sperm is about 72 hours. The sperm may not be active but can

The Human And The Divine

1518 words - 7 pages The Human and the Divine 1) Introduction Through out history, as man progressed from a primitive animal to a "human being" capable of thought and reason, mankind has had to throw questions about the meaning of our own existence to ourselves. Out of those trail of thoughts appeared religion, art, and philosophy, the fundamental process of questioning about existence. Who we are, how we came to be, where we are going, what the most ideal

The Confederation and the Constitution

3437 words - 14 pages The Confederation and the Constitution | | | | | Shortly after Thomas Jefferson penned the Declaration of Independence in 1776, the delegates at the Second Continental Congress agreed that a new government was necessary to govern the now-independent colonies. After much debate, they drafted and adopted the Articles of Confederation in 1777. Although the Articles were not officially ratified until 1781, they served as the actual

The Pit And The Pendulum

632 words - 3 pages Down in the Pit"The Pit and the Pendulum" by Edger Allan Poe is a thrilling story about life in a dark pit or cell. This story shows that life isn't always great and the only thing that can save man from hell is god. The setting, irony, and point of view help express the theme.Down in the pit for only believing in his own faith. I was sick unto death with that long agony; and when they at unbound me, and I was permitted to sit, I felt that my

The Dead and the Gou

676 words - 3 pages The story centres on Gabriel Conroy on the night of the Morkan sisters' annual dance and dinner in the first week of January 1904, perhaps the Feast of the Epiphany (January 6). Typical of the stories in Dubliners, "The Dead" develops toward a moment of painful self-awareness; Joyce described this as an epiphany. The narrative generally concentrates on Gabriel's insecurities, his social awkwardness, and the defensive way he copes with his

The Cat and the Monk

587 words - 3 pages I felt a pull on my shirt. It was Charlie . 7 years old kid who lived next door. He was kind of fond of me. I carried him on my shoulders to his house, few steps away. His mother asked me for a coffee. I did say yes but with an intention to spend time with the lil' kid. He changed his clothes and with a smiling, amusing face came up to me. Sat on my lap and asked, "Why do we wear ties?" I didn't really have an answer but just this

The Sperm and the Egg

787 words - 4 pages This is a story about Sam the Sperm, and Sally the Egg. This is an exciting day for Sam and Sally because they are going to be fertilized today. Fertilization is the moment Sam and Sally fuse together and a new individual begins to form. Sally has been waiting for this day for 28 years, since her egg was produced when she was in the fetal ovaries, along with five million others, but today she is the chosen one! Sam feels like he has won the

The Human And The Divine

650 words - 3 pages While reading The Odyssey one can not help but wonder at the relationship between immortals and mortals. It appears to be a complicated give and take. Not only do the gods rule the world, but they try to rule each other, in a tug of war that can hamper a person's best intentions (226-228). The gods expect to be worshipped and humans expect the gods to answer petitions. However, how the gods respond can make or break a life or even a

The Best and the Proud

844 words - 4 pages It was August 5, 2005, the day we all had been patiently waiting for. Our hard work was finally going to be rewarded by a gratifying applause on the Graduation Day. Standing on the stage and taking the final bow was the best achievement of my life. Through nine weeks of rigorous training, I had transformed from a civilian to a United States soldier. I had eventually earned the right to be called the defender of freedom and the American way of

Related Papers

Merck The Fda And Vioxx Essay

1721 words - 7 pages Due: 8/4/14 Merck, the FDA, and Vioxx Summary of Facts – * Merck gave patent of streptomycin to a university foundation. * Merck’s core values are said to be: medicine is for the people and not for profits. * In 2000, Merck spent $3 billion annually on research. * September 30th, 2004, Merck recalled Vioxx as it doubled the risk of heart attack and stroke for users. * The recall decision was expected to cost Merck $2.5

Merck And Company: Vioxx Essay

571 words - 3 pages Merck and Company recently pulled its arthritis medication, Vioxx, off the shelves because of recent studies that link the drug to increased risk of heart attack and stroke. The FDA had been conducting a study that showed an increased amount of cardiovascular problems in those who had been using Vioxx for eighteen months or more. This decision has outraged many Vioxx users because many had no idea of the newfound risks associated with Vioxx

Toyota's Culture And The Stick Pedal Recall

602 words - 3 pages Toyota’s Culture and the “Sticky Pedal” Recall Toyota may be one of the most successful car manufacturers of all time. A large corporation with a strong culture, one that was characterized by employees sharing the same core values. When a culture is as strong as Toyota’s, things like secrecy, loyalty and full commitment are rewarded. When Toyota first became aware of the faulty accelerator pedals they had produced and let out on the streets

Runaway Ethics: Determining Preferred Courses Of Action Through Ethical Analysis Of The 2009 Toyota Motor Company Automobile Recall

2091 words - 9 pages groups have criticized Toyota’s sluggish and secretive response, and a national class-action lawsuit has been filed against Toyota alleging that the floor mats and pedal layout do not explain the entire cause of the problem. While details surrounding the Toyota vehicle recall continue to emerge, the essence of the situation presents a clear ethical question: how is Toyota Motor Company liable for the unintended acceleration phenomenon? With