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We are not the problem. (Chief Concern).


As told by HENRY MCKINNELL Henry A. McKinnell, Jr. (born February 23 1943) is the former chief executive officer and former chairman of the board of directors of Pfizer Inc. He is also a director of ExxonMobil and Moody's.

He was born in Victoria, British Columbia, Canada.
 to Mary Hager

I am deeply concerned with the public's perception of business when it comes to social issues in the United States '''Social issues are matters which directly or indirectly affect many or all members of a society and are considered to be problems, controversies related to moral values, or both.  and around the globe. Many continue to see us as a part of the problem, a force to battle in the Light to right society's ills. In fact, we are a big part of the solution. And we must change this perception so that people will be willing to work with us--rather than against us--to achieve our goals.

There are several examples of this leadership in the pharmaceutical industry. One is the prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  benefit under Medicare. The Medicare program, developed in the '60s when prescription drugs were not a big part of medical care, must be modernized to provide drugs for those over 65.

That's now being debated in Congress. But we'd rather see a private-sector solution, so we introduced our Share Card to provide a drug benefit to seven million low-income seniors. Other companies have similar programs. So while government debates, business has stepped in to provide benefits for those who need help.

Another example is the HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome  pandemic pandemic /pan·dem·ic/ (pan-dem´ik)
1. a widespread epidemic of a disease.

2. widely epidemic.


pan·dem·ic
adj.
Epidemic over a wide geographic area.

n.
 in sub-Saharan Africa, where 27 million people are believed to be HIV-positive. This is a large and complex issue and efforts of local governments have proven inadequate. The pharmaceutical industry has been blamed because of patents, high prices and denial of medicine to those in need. In fact, there are very few patents in sub-Saharan Africa, except South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , so the pharmaceutical industry has become the scapegoat for an array of medical problems, including lack of infrastructure.

Together with the World Health Organization, government and non-government organizations, and foundations, we've achieved dramatic results: We've strengthened the infrastructure, provided training in the latest AIDS treatments, improved care and made drugs available. We don't market antiretroviral drugs Antiretroviral Drugs Definition

Antiretroviral drugs inhibit the reproduction of retroviruses—viruses composed of RNA rather than DNA. The best known of this group is HIV, human immunodeficiency virus, the causative agent of AIDS.
 for HIV/AIDS outside the U.S., but we do have the world's leading anti-fungal agent, Diflucan, which is used for potentially fatal infections that may afflict af·flict  
tr.v. af·flict·ed, af·flict·ing, af·flicts
To inflict grievous physical or mental suffering on.



[Middle English afflighten, from afflight,
 HIV/AIDS patients. Together with the United Nations, WHO and local South African governments, we developed the Diflucan Partnership to provide the drug free of charge with training. Now we're expanding the partnership to the 50 least-developed countries.

Another private-sector partnership example is the International Trachoma Initiative International Trachoma Initiative[1] (ITI) www.trachoma.org - is a US-based non-profit organization committed to the elimination of blinding trachoma, the most common cause of preventable blindness. , where we have committed more than $200 million in medicine and training programs and, working with the Edna McConnell Clark Foundation, the Bates Bates   , Katherine Lee 1859-1929.

American educator and writer best known for her poem "America the Beautiful," written in 1893 and revised in 1904 and 1911.
 Foundation and WHO, have set a goal of eliminating the world's leading cause of preventable blindness by 2020. Already we have dispensed 4 million doses, cut infection rates by 75 percent and prevented 20,000 cases of blindness.

We've also been involved in education reform, particularly K-12. More than 1,000 volunteers in 20 Pfizer communities are working in schools. We offer summer fellowships in math and science for biology and chemistry teachers; we created a charter school in Brooklyn; and we support the creation of chemistry labs in schools near our facilities. I personally have been part of high-level groups examining education.

Because we have the ability to help in so many ways, we have a moral imperative to do so. It's not easy, of course, nor is it cheap. Already this year the Pfizer Foundation has invested $35 million, and with product donation at wholesale costs, the contribution is more than $400 million per year. We're not displacing products we would otherwise sell, but making products available at discount prices or free of charge.

We believe that if you're only concerned with maximizing profits, you won't be successful. We've had positive comments from stockholders, and have had the support of colleagues. In many parts of the world, I hear questions about sustainability--something we don't always worry about in the health care field where needs are immediate. To people who challenge these programs, I answer that if it's in our interest and society's interest, it should be sustainable. In this world of 24/7 news, people are more aware of need in developing countries. As the world becomes ever more interconnected, it is critical that we be seen as a positive connection.

Henry McKinnell is the chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Pfizer, a $32 billion drug manufacturer based in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Send comments to chiefconcern@chiefexecutive.net.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:pharmaceutical industry initiatives
Author:Hager, Mary
Publication:Chief Executive (U.S.)
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2002
Words:710
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