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Discussion #1

Opioid Crisis

The Opioid Crisis is making national news every day. And, tragically many of our families and friends are, have been, or might be touched by the epidemic. The following article from the NIH provides some statistical facts to support the crisis level claims.

Opioid Overdose Crisis, National Institute of Health (NIH) January 2019, Retrieved August 29 from: https://www.drugabuse.gov/drugs-abuse/opioids/opioid-overdose-crisis

Also in the news is a recent announcement from Business Roundtable executives describing a shift in their mission from traditional “shareholder supremacy” to corporate social responsibility.

Move Over, Shareholders: Top CEOs Say Companies Have Obligations to Society. Wall Street Journal August 19, 2019. Retrieved from: https://www.wsj.com/articles/business-roundtable-steps-back-from-milton-friedman-theory-11566205200 WSJ Mover Over Shareholders PDF

PDF Attached Here: Move Over Shareholders Move Over Shareholders

Purdue Pharma

Oklahoma Judge Shaves $107 Million Off Opioid Decision Against Johnson & Johnson. November 15, 2019 from NPR

https://www.npr.org/2019/11/15/779439374/oklahoma-judge-shaves-107-million-off-opioid-decision-against-johnson-johnson

For this discussion we will combine these two news topics and continue to incorporate key concepts from the course material.

Describe what drug companies like J&J and Purdue would/could do to apply a Corporate Social Responsibility model to their governance. What actions would guide their responsibility to stakeholders? (Refer to our course stakeholder model)
Describe the level of responsibility of drug companies to consumers using concepts from the Saylor Ch12 – The Selling Office text material.
What level of responsibility do you espouse for drug companies? Support your position with key ethical concepts from our course material.

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