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Topic: |
Business
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Number of pages / Number of words: |
4 / 983 |
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After spending seven years on drug development and offering nothing for sale, there was undoubtedly financial and academic pressure on the company to bring Erbitux to market quickly so research and development costs could be recouped and the company could become profitable under its first drug.
Another reason would be to manipulate test results by using smaller study groups, testing with no control groups, or testing using such a small group size that any side effects known to occur in larger test populations would not be evident and therefore would not impact approval...
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Test results could also be manipulated through deliberate omission of test results or any side effects or manipulating test reports based upon what was favorable during the test phase. (Adams, 2008)
Why did Samuel Waksal react as he did pursuant to learning that the FDA would not approve Erbitux?
Samuel Waksal acted out of greed, lack of personal responsibility, lack of ethics, and lack of integrity...
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1. Analyze the five forces acting on BP. Which of them appear to bring the greatest threat to the company?
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