Why Is the Pharmaceutical Industry One of the Most Regulated Industries in the World - Essay Example

Others are counterfeit drugs and outright fake ones. The need for drug regulations was necessary to guarantee that there was efficiency safety, and superiority of drugs in addition to exactness and the correctness of the drug information that is available to society (Habet, 32). The work was not aimed to rank the countries under the study against any criterion. Rather, the aim was to synthesize their experiences and later draw conclusions on generic from countries that were participating and others get to learn from them.

There was a systematic study was done of drug regulations and its surroundings across countries and there was shed a new illumination on the state of affairs of the country. This was so since there needed to provide a new perspective about the constraints it was facing, and also provide the options on the way to advance the means the method was to function. The structures of drug regulations that exist today that is the drug regulatory, laws, evaluation boards, quality control laboratories, and informational centers have evolved.

In this process, the scope of the regulatory powers and legislative gradually expanded, regarding both the increasing complexity of the increasingly sophisticated pharmaceutical sector and the perceived requirements of society (Foroutan, 69). In other countries, the enactment of comprehensive drug regulations was a result of the crisis-led change, when society's demands led then the adoption of laws that are restrictive to provide greater safeguards to society.

The drug regulation body is a social policy that responds to the perceived requirements and the problems of society. Consequently, the laws need to be upgraded to keep up the pace of the changes and the new challenges in the surroundings (Pika 24). The laws ought to be protective to society from dubious and harmful drugs and practices. They need to be inclusive and adequate to cover all areas of pharmaceutical activities in the country. These include herbal or homeopathic drugs they ought to be legal mandates that are imposed on the importation of drugs.

The essay laid down the conclusions on generic from the weakness and strengths of different types and then identifies the features that affect the performance of the regulation of drugs. The government acted as the guardian of controlling private powers for public purposes. These have ensured the efficacy, safety, and quality of drugs that are available to society was the main aim of drug regulation. If the goals based on regulation were to be achieved, then the appropriate structures were to be invented and the correct activities carried out to acquire the desired goals.