Bioethics guru Arthur Caplan of NYU gives his outspoken and frank opinion on the industry’s minefield of ethical challenges.
Arthur Caplan, professor of bioethics and founding head of the Division of Medical Ethics, NYU’s Grossman School of MedicinePermission granted by NYU
Editor’s note: This story represents the opinion of a leading bioethicist with regard to the biopharma industry. Views expressed are his own and do not necessarily reflect the views of this publication. PharmaVoice will publish a follow-up article with insight from industry insiders who discuss how they approach ethics in the biopharma realm.
The pharma industry, for all the good it provides in the name of public health and scientific progress, is still an ethical minefield.
When a company like Pfizer develops the first vaccine to address a worldwide health crisis, for example, the conversation quickly turns to massive profits or suspected ulterior motives, regardless of intent and outcome. Reputation and public perception are fleeting wins.
But frank conversations about ethics can better position companies to serve their patients even if the conversations are a little uncomfortable, said Arthur Caplan, professor of bioethics and founding head of the Division of Medical Ethics at NYU’s Grossman School of Medicine.
“I’m not sure we’ve thought about what the term ‘real-world evidence’ really means.”