Biotech Companies
Big Pharma is not only made up of the large pharma companies but also made up of other industries too. For instance a Biotech Company is also a piece of Aunt Pharma. A Biotech Company typically breaths on fulfilling solutions to health problems. They are often experimental and often times public companies. A biotech company can be found on alot of penny stock lists but there are more popular comapanies as well. Once a biotech company introduces a drug that successfully helps mitigate an illness, it is typically picked up by one of the larger companies and taken to market. This is what I think irritates some people, that Big Pharma controls what the people have available to them regarding drugs but that is very short sighted. Big Pharma spends alot of money, works within regulations and provides us with quality drugs to help us get through our lives more comfortably.
What is Pharma?
Pharma is short for Pharmaceutical as used in the name of a Pharmacutical Company. Additional spellings have been for Pharma can be noted in this example: Pharmacutical for Pharmacutical Companies.
Big Pharma is Good
This section below is a bit of a rant but needs to happen. Today Big Pharma takes such a negative hit in the news. Not a day goes by that I see yet another feed or article on how slimy Pharma has become. We need to focus on stopping the blame. Sure Pharma is big, Sure Pharma is rich and powerful but please, can it be any other way. Pharmaceutical companies have to comply with all sorts of jagged rules to overcome getting good medicine to needy people. They have to get past many clinical trials and live under the scrutiny of a microscope for their products. Not to mention how often they are sued and even lose! Regulations are a good thing, I do not want to be misconstrued but we need to ease up on the public scrutiny and mudslinging and let pharma continue to provide quality medicine to needy individuals. They help the economy stay strong provide jobs for their arena, biotech jobs, medical sales and the list is endless really. Doctors even rely on the work and information that pharma provides them to best diagnose their patients.