The Health Welfare Of Patients - 973 Words

The pharmaceuticalceutical industry has advanced since the early 1900 but continues to face challenges of development, cost of research/development, testing, FDA approval, marketing, distribution and access; however it has played a major role in the health welfare of patients. Due to the advancement in the pharmaceutical industry there has been a 40 percent of the 2 year gain achieved in life expectancy, however the discovery phase requires thousands of scientist, engineers and physicians to research the disease, its components, develop the medicine and carefully/methodically to establish the benefits and risks (Williams Torrens, 2008). However, during the 1990 the USA was leading in pharmaceutical RD due to the teams of engineers, biologist, chemists and physicists that spend long hours determining how to mass produce a medicine and studying the side effects to discover an unacceptable side effects (Williams Torrens, 2008). The process of development of new pharmaceutical once cost $2 billion in 1980 grew to $18 billion by 1997 and only 5 out of 5,000 compounds make it to human clinical trials (Ely, Simki Thomas, 2003). Furthermore, in 2007 pharmaceutical companies spent $33 billion (a 7% increase over the previous year) and the average time from research to treatment approved by FDA can take 10-15 years (Williams Torrens, 2008). FDA requires the pharmaceutical to follow elaborate procedures (preclinical safety assessment, preapproval of safety assessment inShow MoreRelatedOral Health System Of Australia Essay902 Words   |  4 PagesLITERATURE REVIEW 1. Oral health system in Australia A health system defined as ‘all the activities whose primary purpose is to promote, restore and/or maintain health’ (WHO 2013). A good health system is indicated by its capability to delivers quality services, when and where the people need them (Australian Institute of Health and Welfare 2014). 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They are all run differently, and offer different benefits for different costs to their citizens. All welfare systems in a way create a class system based on who uses the welfare provided and who does, who has access to the social programs in place and who has no access. When one d octor and one patient, in 2005, challenged the Quà ©bec Health Insurance Act and the Hospital Insurance Act to allow private health care in Quà ©bec