Ethical Considerations of Pharmaceutical Company
A pharmaceutical company has developed a cure for cancer. They put it on the market and cure thousands of people. Their ongoing research, however, shows that it is not universally effective and that some who could be receiving other kinds of treatment, die as they wait to see if the drug will work. Also, as many as 7% of those who take the drug will die from adverse allergic reactions.
Give an argument in favor of leaving the drug on the market or removing it from the market based on a utilitarian law, a moral rights law, and a justice rule. How would you advise the CEO of this company and why?