Study: My Understanding of Businesses

The Place Of The Pharmaceutical Industry

The pharmaceutical industry helps in the improvement of a patient’s quality of life. People experience pharmaceutical care through reduction of symptoms, slowing of diseases, prevention of diseases, and cure of diseases. When patients visit pharmacists to get drugs, their experience pharmaceutical care.

When a patient needs to be checked for drug-related problems, evaluating of drug-related needs, designing and monitoring a pharmacotherapeutic plan that will resolve the problem, they visit a pharmacy practice. What can help to determine whether patients are taking drug overdoses, drug underdoses, have adverse reactions to drugs or are suffering from drug interactions is a thorough evaluation by a pharmacist.

They correct the situation when they determine that something is not right with the patient. Mortality and morbidity can be increased or decreased depending on the pharmaceutical care available to patients. It has become a challenge control the quality and use of medicines available in the market because of the rapid increase in medicines in the market.

When pharmacists prevent problems related to medication they help in reducing risks to the lives of patients. Pharmaceutical care has become expensive due to the rising cost of the healthcare industry. Pharmaceutical professionals and industries have a right to produce safe, efficient and quality medicines to patients.

Due to spread of antimicrobial resistance to medicines, pharmaceutical industries have a huge challenge in developing drugs that help the situation. To improve the quality of life of patients, pharmacist have the responsibility to procure, distribute, store, and administer medicines that are of good quality.
The pharmaceutical industry will improve if the following key issues are dealt with clinical trials, living standards, parallel trade, verification of laws, and patient safety. Some of the challenges that the pharmaceutical industry has to overcome includes counterfeit medicines, patents, intellectual property and government procurement.

Pharmaceutical industries have also been known to overprice their drugs making them inaccessible to patient. Such companies have been criticized for their focus on profits before patients. There have been increased cases of bribery that involve pharmaceutical companies using doctors to administer their drugs to patients without considering other drugs that may be more beneficial to a patient.

With increased research pharmaceutical companies are coming up with new drugs everyday. The importance of the pharmaceutical industry is that it helps in job creation for so many professionals that assist in health care. Generation of jobs in this industry is through suppliers, retailers and providers of personal services.

The pharmaceutical Industry helps in economic development of countries. Governments play a key role in monitoring whether drugs that are used in the country are safe for people to use. Due to new technologies and increased research, the pharmaceutical industry is expected to grow.

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