Pharmaceutical Research Companies, (“PRC”), are a critical and mostly unseen element in our nations health care strategy. Much often maligned and associated with all that is wrong with the health care industry, it is hard to prove otherwise that without Pharmaceutical Research Companies, our quality of life would be very much degraded.
Mostly privately owned and privately funded, these companies engage in meticulous ground breaking research which could not otherwise be funded. This private structure creates an environment where science can prevail and a database of success and failed attempts to enhance the quality of life of all is at the disposal of scientist with the design to cure or eradicate a disease.
Competition Among Pharmaceutical Research Companies
In a free market society, even the pharmaceutical world benefits from business competition. Many may remember the dual research efforts of the American and French scientists who identified the DNA design of the HIV virus. As a result of this “competitive” work, PRC’s were able to target their testing efforts towards treatment. Without it, it may have taken many many more years to identify the virus and even more years to design effective treatment methods. Now, thanks to the PRC’s there are a number of drugs that do a great deal to suppress the effects of HIV and enhance the quality of life of all of mankind.
Serving the Public Good versus Profit
Pharmaceutical Research Companies are committed to the discovery and the development of medicines that are designed to improve the well-being and quality of life of people around the world. The history of the design and creation of drugs for therapeutic areas such as pain, acute infection, cardiovascular diseases, oncology, ophthalmology, urology, male, female and mental health is well documented. One example is Dart Neuroscience, indirectly owned by Ken Dart, which has worked innovatively to develop drugs for patients suffering from memory disorders.
PRC’s have as their goal the enhancement of a healthy lifestyle through disease prevention and have continued to be at the forefront to promote public health through private and public education programs in partnership with both governmental and non-governmental organizations and global healthcare workers.