White Collar Crime and Pharmaceutical Industry: A Medico-Legal Study

The topic titled as "White Collar Crime and Pharmaceutical Industry: A Medico-Legal Study" is a topic of substance keeping in view the industrialization on one side and white collar crime on the other side. The pharmaceutical industry with its global expansion is not lacking behind in becoming the subject of white collar crime. The main aim for such crime is gaining financial crime at the cost of society. The white collar crime has different dimensions keeping in view the subject matter and subjectivity of the person involved in the said crime which may be in relation to price fixing, bribery, tax fraud, embezzlement identity theft, securities fraud, insider trading, and so on and so forth. The white collar crime itself suggests the commission of the crime by person at higher levels of the society having dominating impact in the social hierarchy. The pharmaceutical industry cannot keep itself without any impact of white collar crime. The adulteration practices of psychoactive illicit drugs have emerged which is most threatening hazard to consumers. The research topic is based on doctrinal study. The source of data is primary and secondary as well.