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Flashcards in Ethics and Industry Deck (14)
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What is usually summarized in the mission statement?

Core Values


What is considered operating philosophies/principles that guide and organization's internal conduct as well as its relationship w/ the external world.

Core values


Corporate Core Values must be/have what 4 things?

-form the foundation on which we perform work and conduct ourselves
-constant in a changing world
-underlie work, interaction with others, and strategies employed to fulfill our mission
-basic elements on how to go about our work


Corporate core values ARE NOT what?

descriptions of the work we do or the strategies we employ to accomplish our mission. 


What 2 things happened as a direct result of the effects of the Tylenol Tragedy?

-tamper resistant packaging of medications and foods
-production of caplets


What is the Tylenol Tragedy?

- In October, 1982, seven people in Chicago, IL died from cyanide laced Tylenol capsules


When did the "tampering" 1st occur in the Tylenol Tragedy?



Johnson and Johnson responded to the Tylenol Tragedy using which Core Values Statement.

“We believe our first responsibility is to doctors, nurses and patients, to mothers and fathers and all others who use our products and services.”


What did J and J do in response to the tragedy (2)?

1. Recalled all capsules from the market, produced new capsules, and returned Tylenol capsules to the market.
2. In 1986, following a second poisoning, J and J permanently removed all capsules from the market.


What has tarnished the reputation of J and J? (3)

-Recent recalls of McNeil products (2008-2011)
-claims of corporate bribery
-and the resulting legal and financial settlements



American College of Clinical Pharmacy


What is composed of 10 guidelines/position statements and recognized that certain relationships between industry an pharmacists are ethically appropriate, often beneficial, and unavoidable .

Pharmacy and Industry: Guidelines for Ethical Interactions


What represents research based pharmaceutical and biotechnology companies?

PhRMA Code on Interactions w/ Healthcare Professionals


Describe the relationship between HCPs (4)

1. Inform HCPs about benefits and risks of products to advance appropriate patient use
2. Provide scientific and educational information
3. Support medical research and education
4. Obtain feedback and advice from medical experts