GS Paper IVEthics — Case Studies2015Q3

 One of the scientists working in the R & D laboratory of a major pharmaceutical company discovers that one of the company’s best selling veterinary drugs, B has the potential to cure a currently incurable liver disease that is prevalent in tribal areas. However, developing a variant of the drug suitable for human beings entailed a lot of research and development having a huge expenditure to the extent of f 50 crores. It  was unlikely that the company would recover the costs as the disease was rampant only in poverty- stricken area having very little market otherwise. If you were the CEO, then— (a) identify the various actions that you could take;  (b) evaluate the pros and cons of each of your actions.

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