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Cleveland State University

1996

Consumer protection

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Pharmaceuticals: The Battle For Control In The 21st Century, Rachel F. Ochs Jan 1996

Pharmaceuticals: The Battle For Control In The 21st Century, Rachel F. Ochs

Journal of Law and Health

To explore these concepts, this paper focuses on the Japanese motivation for taking control in the pharmaceutical industry and efforts that the US can take to ensure its role as a leader in the pharmaceutical industry. First, the paper discusses how Japan is poised to invade the US pharmaceutical market, reasons for Japanese entry into the market, the Japanese focus on research, recent examples of Japanese expansion and how US policy may affect Japanese expansion into the pharmaceutical market. The next section describes the need for the FDA to protect consumer interests in the US since market forces and / …