1,562,886 global deaths and every Thomas, David, and Harry is conversing about it. Why not? Such an eloquent topic lately. The fact that people have made it more of a discussion of controversy for the pharmaceutical industry rather than a realization of concern for our paramount health is poignant.
The pharmaceutical industry is at a turning point of evolution. They are not just dealing with trials and tragedies, but their outcome- even if it is good- is facing negativity at every step. The 5.2% positive views for pharmaceutical companies among the mass majority of respondents changes nothing. The paucity of it is agonizing.
The industry is on the verge of conflicts, and among the mayhem, I hope they are consoling themselves by the great surplus amount of profit they are scoring.
Pharma & Profit Let me tell you that this industry has just begun gaining profits. The usage of medicines is increasing day by day. Despite the Image, their sales are experiencing massive increments per diem, so is their revenue. Why? Because we need them. They are a part of everyone’s health. Our health is because of them. The use of technology and especially AI has assisted remarkably in aid of our well-being.
We are the ones proving it and debating it simultaneously; “40% of respondents spent 200$ or more on prescription medicines”. I’m not saying it; a report of pharma survey by CEO of Innoplexus says it.
Health is our principal asset, and if a whole industry is working with blood and sweats for its sake, we have to protect it as our lives depend on it.
People’s POV: What matters & What Changes
According to a Pharma survey by the CEO of Innoplexus;
60% of respondents over 60 years of age believe that drug companies charge unreasonably high prices, compared to just 36% of 18-29 year-olds.
The adults have lived their lives. Unequivocally, they speak from experience. It’s true without a doubt that their expertise says right. The generation to generation experience holds our way of spreading positivity, and it’s really good that our young adults are in a lower ratio. The industry should definitely work on the exceeding prices for developing a different opinion.
72% believe that pharma companies care more about making money.
Star-struck eh? The abundance of negative remarks is never unfamiliar for pharmaceutics. In fact, going through it is probably part of daily rituals. The truth is every industry is about making money because how will they provide you without it? But Pharma’s got a purpose and a strong one.
78% said that it is “very” or “extremely” important to them that pharmaceutical companies focus on developing medications that offer long-term health benefits.
Speaking about opinions, this is what I call a statement as it provides a solution. Explaining what would make things better should be our way.
73% said that their opinion of pharma companies would improve if companies were more transparent about what goes into the cost of medications.
“The American pharmaceutical industry is a highly globalized industry. The industry alone holds almost half of the global pharmaceutical market, with sales of drugs in the country making up 48% of the global market for pharmaceuticals as of 2019”. – Pharmappraoch
Most of the pharmaceutical firms are now completely focused on the betterment of medications. The digital platforms are providing chief paths for secure broking. Amidst this pandemic, the technology is growing and its growth is granting leverage for medical developments.
Summation
Having positive or negative remarks about something certainly depends upon your experience. But when it comes to a purpose that unites a majority, statements might affect a mass majority. The only factor with which the pharmaceutical industry is dealing is its besmirched appearance. Besides the reputation factor, this industry is flourishing, especially with the digital sector in the alliance.
