The Drug Industry

A Case Study in Foreign Control

by Myron J. Gordon and David Fowler

Published in 1981, The Drug Industry is an analysis of a classic branch-plant business in Canada, offering recommendations for increased and closely-focused government regulation.

In this independent study, first published in 1981, economists Myron Gordon and David Fowler test the assertions made by both defenders and critics of multinational drug corporations.

The pharmaceutical business in Canada is a classic example of a foreign-dominated manufacturing industry. Drug industry practices--such as the high cost of drug products, aggressive marketing of drugs to doctors, inadequate testing of potentially dangerous substances, and excessive profits--have concerned both media and citizens in Canada.

The Drug Industry is an analysis of a classic branch-plant business in Canada, offering recommendations for increased and closely-focused government regulation.

About the Authors

Myron J. Gordon

MYRON J. GORDON is Professor Emeritus of Finance at the School of Management at the University of Toronto.

David Fowler

DAIVD FOWLER has been a associate professor of finance at McGill University.

Subjects (BISAC)

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