Dangers Of Counterfeit Pharmaceutical Drugs - 1475 Words

Dangers of Counterfeit Pharmaceutical Drugs Remember that time, you really wanted to buy a Louis Vuitton bag? Then the thought of spending thousands on it held you back? So instead you bought a knock off, and saved yourself a boat load of money. No harm done, right? However, what if it wasn’t just a purse that you bought as a counterfeit? What if it was a knockoff Tylenol or birth control? Do you think it would be harmful, then? This happens all the time, and the production and sales of counterfeit drugs are more common than you think. This essay will explain why the production and sale of counterfeit pharmaceutical drugs are wrong. When someone creates something, that is solely from their mind, whether it be literature, a play, a piece of artwork, it is Intellectual Property. Intellectual Property is important because it allows the economy to grow, as well as captures the devotion of its inventors and creators, by becoming financially beneficial. Intellectual property helps promote development and aims for a more economic growth in overall well-being. In direct relation to pharmaceutical drugs, the creation of the drugs are never ending, and also supplies a huge source of financial growth for all of the developing companies. In fact, â€Å"The combined profits for the ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together ($33.7 billion) [in 2002] †¦Ã¢â‚¬  (The Truth about DrugShow MoreRelatedDangers Of Counterfeit Pharmaceutical Drugs1595 Words   |  7 PagesDangers of Counterfeit Pharmaceutical Drugs Remember that time you really wanted to buy a Louis Viton bag? Then the thought of spending thousands on it held you back? So instead you bought a knock off, and saved yourself a boat load of money. No harm done right? Well not exactly, of course your wearing your new bag out with your friends didn’t make a difference verse the real one. You felt a little spoiled and your friends loved it too. However, what if it wasn’t just a purse that you bought asRead MoreCyber Crimes And The Cyber Crime Epidemic1511 Words   |  7 PagesThe rise of the cyber-crime epidemic is a danger that can affect even the wariest of internet users. There is an abundance of ways that hackers and the hidden dangers of the internet can pose threats to internet users. Cyber scams, the deep and dark web, and counterfeiting are just some of the cyber-crimes that exist in our day-to-day world. The effects of cyber-crimes can range from computer viruses, to monetary loss, and even identity theft. Abo ve all, cyber-crimes can include internet users beingRead MorePrescription Health Care Essay1253 Words   |  6 PagesThe cost of prescription drugs in America has risen to the level that most Americans could not afford them with out the help of an insurance plan. 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