Saleye Pharmaceuticals develops cheaper alternatives to proprietary drugs. Its mission statement states that it wants to create affordable medicine for everyone and create a healthier world. Saleye releases a new and improved version of its pain-relieving drug, Fento. Within a week, Saleye receives many complaints stating that the drug is inducing hallucinations and in some cases triggering certain anxiety disorders. Saleye was caught off-guard as its animal and human trials did not reveal any side effects. Saleye deliberated over the decision to recall the drug for over a week and by the time it eventually did, it had lost millions in stocks. Where did Saleye fail?
A) It did not have an ethical mission statement.
B) It did not have control measures in place.
C) It did not consider the target market before creating its drug.
D) It prioritized profits over effective drugs.
E) It did not conduct large-scale human trials.
Correct Answer:
Verified
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