Case Analysis Mylan Pharmaceutical Company Essay

Many companies often engage in activities that are viewed as unethical for one reason or another. For example, the Mylan pharmaceutical company with regards to their recent price hiking EpiPen dispute. Mylan is one of the largest global pharmaceutical companies in the world. They market many products to other companies, governments and even sell retail directly to customers. This large company claims to have strong Corporate Social Responsibility attitudes and has a goal for themselves to increase access to affordable healthcare among other things. Their mission statement also says that they want to â€Å"Provide the world’s seven billion people access to high quality medicine† (â€Å"About Us†). However, a current event has drastically gone against this statement and asks the question of if Mylan is actually focused on being ethical and achieving their Corporate Social Responsibility goal as it seems unattainable to accomplish this by drastically raising p rices. Recently, their prices of the EpiPen has shot up radically and they are having issues explaining and presenting appropriate information why to the public and Congress. In order to prove the unethicalness of these actions I will be applying the Egoist and Utilitarianism ethical theories to get two sides of the story. By doing so I hope to be able to show that Mylan does not have any ethical grounding for what they are currently doing, and that they are partaking in immoral activities that helps neither themselves orShow MoreRelatedThe Use Of Epinephrine Without Medical Training2172 Words   |  9 Pageson the battlefield. It was later approved for use with epinephrine, the trade name for adrenaline, for anaphylaxis. The manufacturer who gained the approval in 1987 was acquired by Pfizer and they sold the rights to the device to Merck. Mylan Pharmaceuticals purchased the marketing rights to the EpiPen in 2007 which at the time, cost about $57 each. Today EpiPens inflict pain on the patient who needs them with a price tag of more than $600 per pack of two. This is an increase of approximatelyRead MorePresident Donald Trump Political Analysis1563 Words   |  7 PagesWednesday said they would vote for Democratic candidates, compared to 36 percent of the 1,500 participants who would vote for Republicans in congressional races. The poll was conducted between Dec. 24 and 26. Yet despite the national trends, latest analysis shows West Virginias Senate race, which is being held by Democratic Sen. Joe Manchin, as being the only competitive contest in the Mountain State in terms of federal seats. Sabatos Crystal Ball rated West Virginias Senate race as leans DemocratRead MoreUnited States Response For Corporations From Fleeing The U.s. And Integrating Abroad2907 Words   |  12 PagesDefining Corporate Inversion †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5-6 c. 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