Pharmaceuticals Industry Research Paper by cee-cee

Pharmaceuticals Industry
This paper looks at the pharmaceuticals industry and discusses the political and social context of innovation.
# 109053 | 1,500 words | 7 sources | APA | 2008 | US

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In this article, the writer covers the background and development of the pharmaceutical industry in the United States. The writer discusses the social facts and institutions, political actors, economic forces and environmental realities of this issue. In addition, most importantly, the writer looks at the demographics and income levels which have driven pharmaceutical innovation in the United States. The writer maintains that the high regulatory pressures, price pressures and lack of future such blockbuster markets dictates that pharma companies will have to innovate a lot more in niches, more products, smaller markets. The writer concludes that large pharma companies which grew up in a time of plenty will therefore have to radically change how they do business, from increasing acquisition, cooperative agreements, exemptions from regulatory approval and other such measures.

Where Pharmaceuticals are Today
Components of Pharmaceutical Innovation
Social Institutions
Cultural Beliefs
Economic Forces
International Relations

Sample of Sources Used:

  • Bureau, US Census. (2001). An Aging World. Washington, DC: US Census Bureau.
  • Economist. (2007, October 25). The Pharmaceutical Industry: Beyond the Pill. Economist , p. n.p.
  • Economist. (2007). World Atlas. London: Economist.
  • Herper, M. (2007, October 29). Drug Drought. Forbes , p. n.p.
  • Hoover, D. R. (2002). Medical expenditures during the last year of life: findings from the 1992-1996 Medicare Current Beneficiary Survey - Cost of Care. Health Services Research , n.p.

Cite this Research Paper:

APA Format

Pharmaceuticals Industry (2008, November 14) Retrieved December 09, 2022, from

MLA Format

"Pharmaceuticals Industry" 14 November 2008. Web. 09 December. 2022. <>