CVS Company Assignment Example | Topics and Well Written Essays - 1250 words

CVS Company - Assignment Example CVS Company was started in 1963 by Stanley and Sidney Goldstein and Ralph Hoagland. By 1964, the company had 17 stores in the States. Initially, the company sold health and beauty products but in 1967 ventured into the pharmaceutical world with its first pharmacy in Rhode Island. Melville Corporation bought CVS in 1969 and by 1974, the company had made $100 million annual sales. 11 years later, the company reached a billion dollars in annual sales. In 1994 the company introduced PharmaCare, a health insurance cover for their employees. By 1997 CVS had more than 2500 stores all over the States. Having become one of the companies to complete the acquisition or Revco, the company was granted major drugstore locations in the Midwest and Southeast. Since then, the company has grown tremendously penetrating many of the States in the US. The firm pioneered the introduction of the loyalty card program, Extra Care Card for its customers. (CVS Caremark Company history 2012) CVS company move to stop selling tobacco products has led to another great loss in the companys sales as they stand to lose approximately 2 billion dollars every year amounting to a 3% loss. Quitting selling tobacco products is one of the reasons why CVS has been unable to provide its tobacco smoking customers with their usual products. The company argues that they are considering a healthy approach that benefits both them and their customers. But with this decision, many of the customers purchasing tobacco products are forced to find alternatives elsewhere or quit smoking altogether. (Paul 2014) In 2011, CVS had a shortage of several products from Johnson & Johnsons. Consumers were told of the shortages which included Motrin, Pepcid AC, Rolaids, Neutrogena skin care products, children’s Tylenol liquid and Tylenol drugs for adults. A department at Johnsons & Johnsons, the McNeil Consumer Healthcare, recalled millions of the J&J products following a quality control problem in its product lines. Some products were suspected of containing metal while others were reported of having a moldy smell within their bottles.

Stem cell research paper Argumentative Example | Topics and Well Written Essays - 2000 words

Stem cell Argumentative - Research Paper Example These stem cells previously were not given enough heed to be researched upon, but recently as the world of medicine has improved research on the stem cells have become an important breakthrough in the world of science (Solo & Pressberg 2007). Stem cells can be of two types which are embryonic stem cells and adult stem cells. Embryonic stem cells are retrieved from human embryos whereas adult stem cells are retrieved from the organs of adults. Because of the stem cells to proliferate rapidly and form organs it is important for the medical experts to discover the inner functioning of these stem cells. And thus it has become important to retrieve these stem cells from the embryo and adults. The ethical issue arises in the concept of retrieving the stem cells from human embryos. In the process of retrieving the stem cells the scientists have to destroy the human embryo and in this process a death of a human being may be caused as believed by the opponents of stem cell research. However t he proponents believe that the embryo has yet not developed enough to be called a human being and thus a life is not being taken. This essay would further revolve around both these view points and would provide with a definite conclusion as to which view point is more convincing (Newton 2007). According to the scientists stem cell research can be a breakthrough in the medical world to cure many of the diseases which are causing deaths. These stem cells give birth to the organs in the body and it is because of these stem cells that a systemic way of functioning is observed in the human beings. Thus the very reason of the existence of these organs can help to transform many medical researches into success. The exact functioning of these stem cells can help the doctors to replace organs which have become dead or diseased due to any condition in the human being and they can further provide ways to complete healing in a human being. It