International pricing and distribution of therapeutic pharmaceuticals – An ethical minefield

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Date
2005-04
Authors
Buckley, Joan
Ó Tuama, Séamus
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Blackwell Publishing
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Abstract
This paper seeks to identify and consider ethical issues relating to the international pricing of pharmaceuticals, drawing especially on liberal rights theories. It suggests why and how some of these issues might be resolved. It examines and critiques arguments presented by major pharmaceutical manufacturers. It addresses a range of ancillary issues like current pricing policies, R&D, intellectual property rights, rights to profits, the public good and regulation. It proposes a potential model for moving forward on the pricing of pharmaceuticals, with a view to increasing access to essential drugs.
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Keywords
Business ethics , Pharmaceutical
Citation
Buckley, J., Ó Tuama, S., 2005. International pricing and distribution of therapeutic pharmaceuticals – An ethical minefield. Business Ethics: A European Review, 14(2), 127-141. doi: 10.1111/j.1467-8608.2005.00397.x
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Journal compilation © 2009 Blackwell Publishing Ltd. The definitive version is available at www.blackwell-synergy.com