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Pharma R&D Welfare
Pharma R&D Welfare
1 UPSC Mains questions on this topic (2015–2015), with real topper answers where available.
GS-4
Q5. negative impact on you (as CEO), the employees and the performance of the employees. Analyze the consequences of each of your suggested actions. One of the scientists working in the R & D laboratory of a major pharmaceutical company discovers that one of the company’s best selling veterinary drugs, B has the potential to cure a currently incurable liver disease that is prevalent in tribal areas. However, developing a variant of the drug suitable for human beings entailed a lot of research and development having a huge expenditure to the extent of 50 crores rupees. It was unlikely Spending vs Tribal that the company would recover the costs as the disease was rampant only in poverty-stricken area having very little market otherwise. If you were the CEO, then— (a) Identify the various actions that you could take; (b) Evaluate the pros and cons of each of your actions.
2015 · 20 marks
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