Referring to both pharmaceutical and tobacco companies, explain how transnational corporations can influence the health of people in countries at different stages of development.

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Referring to both pharmaceutical and tobacco companies, explain how transnational corporations can influence the health of people in countries at different stages of development (15)

Both pharmaceutical and tobacco companies can be transnational corporations and some wield enormous international power and influence covering over one hundred countries with billions of pounds worth of profit; in 2009, GlaxoSmithKline had a net income of approximately £6 billion! Some corporations have, for example, used their profits to help fight widespread diseases in less economically developed countries (LEDCs), such as GlaxoSmithKline’s help in the fight against Lymphatic Filariasis in Asia, Africa and Latin America. Some have set up health programmes in more economically developed countries (MEDCs) to reduce common health problems in these areas, such as different types of cancer. However, some corporations only supply people with the means to deteriorate their health, such as some tobacco companies like British American Tobacco, especially in LEDCs, but both pharmaceutical & tobacco companies play an important role in the health of the world’s people.

        A pharmaceutical company is a company, which develops, produces and markets drugs licenced for use as medications, so obviously these companies play a huge role in the health of people worldwide as they provide medication against diseases that would harm health. In LEDCs, medicines can be very expensive and in some countries in the world, in sub-Saharan Africa for example, people’s incomes may be so minuscule that they may not even be able to afford food let alone medicine. Pharmaceutical companies make two types of drug: branded and generic. Branded drugs are three to thirty times more expensive than generic drugs and so in LEDCs they are out of the majority’s reach, but they are patented and their chemical composition cannot be copied for twenty years; this means that should another company wish to reproduce the specific drug so it can be made available at a cheaper price for the market in LEDCs, it is not possible due to the patent. Therefore this has negatively affected people’s health in LEDCs, as the majority of deaths from disease in LEDCs (excluding HIV/AIDS) are curable with modern-day medication but it is how the medication is sold by pharmaceutical companies that prevents medication getting to these countries. Cheaper drugs to combat these common diseases cannot be produced as some pharmaceutical companies patented their branded drugs to increase their profits and eliminate competition from rival pharmaceutical companies.

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        Although pharmaceutical companies may be harming the health of populations in LEDCs by patenting their drugs for twenty years, many of their drugs are manufactured in factories that are located within LEDCs as they are often far cheaper than producing drugs in MEDCs as wage regulations are much stricter and land is much more expensive. Pharmaceutical companies want to manufacture as much product as they can to maximise profit and so, for example, Bayer HealthCare, whose headquarters is in Germany, manufacture drugs in Morocco, Indonesia, Columbia, Guatemala and El Salvador all of which are LEDCs. The fact that vast quantities ...

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An outstanding analysis and evaluation of the role of tobacco and pharmaceutical TNCs in countries at different levels of development. The only thing that would improve this is referencing the information used. 5 Stars