GMS 802 Lecture Notes - Lecture 1: World Health Organization, Helminths, Merck & Co.

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 802
• Professor: Jian Guan

Document Summary

Gms 802-031: ethics and regulation of international business. In terms of ethical dilemmas, they may have an impact on the social environment of its community and the profitability of an company. The case of merck & co. , inc one can view how the underlying information in their case may aid in their decision to produce a medication for. Ri(cid:448)er (cid:271)li(cid:374)d(cid:374)ess or (cid:862)o(cid:374)(cid:272)ho(cid:272)er(cid:272)iasis(cid:863) is (cid:272)aused (cid:271)y a parasiti(cid:272) (cid:449)or(cid:373) (cid:271)rought forth (cid:271)y (cid:271)ites from black flies whereby blindness develops after constantly being bitten allowing the larvae of the parasite to enter the body (wicks et al. , 2009). According to the world health organization, river blindness had spanned across thirty-five countries and afflicted approximately 340,000 people in 1978. In 1978, merck & co. , i(cid:374)(cid:272) (cid:449)as o(cid:374)e of the (cid:449)orld"s largest phar(cid:373)a(cid:272)euti(cid:272)al companies for drug production and research with continually growing revenues throughout the. 1970s and reaching almost billion in 1978 (wicks et al. , 2009).