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There are many diseases and conditions such as Tourett Syndrome Myoclonus Muscular Dystrophy and Huntingtons disease that affect such a small number of people within the US borders that the diseases and conditions is classified as rare Since there is such a small market people that are effected by any one rare disease or condition a drug company which develops an orphan drug may reasonably expect the drug to generate relatively small salesprofits in comparison to the cost associated with developing the drug and consequently incur a financial loss Thus our capitalistic approach of supply available goods and demand the number of consumers that desire such good spearhead our economic base Ferrell Fraedrich Ferrell 2005 In other words there is no large profit or a chance to increase stock prices for the manufacturing of Orphan Drugs which is used in the treatment of rare disease In my opinion the ethical issues that business wrestle with are profits margins Despite medical advances there are still many diseases for which there are no cures The cost of bringing drugs to market can exceed the 300 000 mark The high cost of developing a new product and introducing it into a small market for the treatment of some rare diseases is unprofitable and little attention is received To entice pharmaceutical companies to change there ethical behavior and place social responsibility ahead of profits Congress passed in the 1983 Orphan Drug Act with the purpose of which was to stimulating the development of drugs with limited market potential because either the condition was so uncommon or the drugs development and manufacturing costs were too high Williams Torrens 2000 Most people though would be shocked to know that an orphan drug is one that is used to treat more than just rare disease By their own class structure when an orphan drug is produced its usage varies in treatment of liver disorders heart disease Aids leukemia and most forms of
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