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Friday, April 5, 2013

GlaxoSmithKline's Corporate Social Responsibility Practices.

Table of contents:

1)         Introduction.

2)         Pharmaceutical sector in general, main arguments vomit up forward by the companies and counter-arguments.

3)         GlaxoSmithKleins CSR claims and counter-evidence:

i)         Medicines for the developing foundation.

ii)         Business ethics and integrity.

iii)         Environment, wellness and safety.

iv)         Research and development.

4)         Concluding remarks.

5)         References.

6)         Appendices.

1.         Introduction.

The global pharmaceutical industry has long been considered one of the most

profitable industries, and historically, it has proven itself to be a low risk, static investment sector. However, the perception of pharmaceuticals as a safe bet is changing as investor concern mounts over a number of recent minus publicity cases. A number of issues are undermining the industry as a whole giving rise to the importance of tone at individual companies corporate social responsibility (CSR) performance. well-nigh of these issues include: access to essential medicines by the developing world countries, fair pricing of existing drugs, ethical conduct of clinical trials and marketing, investment in research and development of medicines to cure diseases which largely affect poorer regions of the world.

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Although, in some respect I curb with the corporate view that the ultimate responsibility for addressing social issues lies within governments, I also think that there is much to be done by the private sector as well. barely in regularise to come to any kind of conclusions on how the above concerns can be addressed, we as public at least need to have some knowledge of the typesetters case matter and that is the reason why I have chosen the topic of my essay.

2.         Pharmaceutical sector in general, main arguments induct forward by the companies and counter-arguments.

Before considering a specific example I would like to give you some interesting general data about why the arguments made by pharmaceutical companies in their defence dont stack...

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