Some people say that drug companies have a responsibility to spend money on researching medicines that will help people in poorer countries. Others say the main responsibility of drug companies is to make money. Discuss both these views and give your own opinion.

The debate over whether

drug

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companies

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should prioritize financial gains or allocate resources for the development of

medicines

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for impoverished

nations

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is gaining increasing prominence. In navigating

this

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complex issue, my thesis posits that

while

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drug

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companies

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must prioritize profitability to sustain their business, they should

also

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earmark a portion of their resources for the betterment of healthcare in underprivileged countries.

This

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essay will elaborate on the humanitarian need for research aimed at poorer

nations

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as well as

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the capitalist perspective that underscores the importance of profitability. The notion that

drug

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companies

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have a responsibility to spend money on researching

medicines

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for impoverished

nations

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stems from a humanitarian angle. For one,

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an approach serves the greater good by ensuring that crucial

medicines

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reach those who are most vulnerable and

otherwise

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overlooked.

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, the development of affordable antimalarial drugs has a direct and profound impact on African

nations

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where malaria is endemic. In doing so,

drug

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companies

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not only gain social capital but

also

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expand their market reach, creating a win-win scenario for both parties. On the flip side, the argument that the core responsibility of

drug

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companies

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is to make money is based on capitalist principles. In a free-market economy, the primary duty of any company is towards its shareholders. Research and development (R&D) require enormous financial investment, and there is no guarantee of the commercial viability of a new

drug

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.

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, focusing on diseases prevalent in wealthier

nations

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, where consumers can afford expensive treatments, ensures a better return on investment.

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enables

companies

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to sustain their R&D pipelines, leading to the innovation of new

medicines

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in the long run.

To sum up

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, the essay has explored the dual expectations placed upon

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companies

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: the humanitarian imperative to focus on healthcare needs in impoverished countries and the business necessity to generate profits.

This

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intricate balance aligns closely with the question statement, affirming that

drug

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companies

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can indeed harmonize their profit-making objectives with their social responsibilities.