Abstract

Frequent outbreaks of drug safety incidents pose a massive threat to public health and safety, while the transparency of security risk information in medical enterprises is not optimistic. Therefore, this study uses the analytic network process (Dempster-Shafer method) to construct a transparent comprehensive evaluation model for security risk information in listed pharmaceutical enterprises from the perspective of government supervision and listed pharmaceutical enterprises. On the basis of 59,305 data obtained by 303 enterprises listed in the Chinese biomedical sector, this research conducted an empirical study on the transparency of safety risk information in Chinese listed pharmaceutical enterprises. The current study found that the transparency of security risk information in Chinese listed pharmaceutical enterprises is generally between “general” and “relatively good” and tends to be “relatively good.” However, administrative punishment information, adverse drug reaction reporting systems, and production processes need continuous improvement.

Highlights

  • From the “Plum Blossom K” and “Guan Mu Tong” incidents to the Changchun Changsheng vaccine incident, these occurrences cause widespread concern for the pharmaceutical industry [1, 2] and seriously threaten the public’s health and safety [3, 4], thereby affecting government credibility and social harmony and stability [5, 6]

  • ANP-Based Index Weight Calculation. e analytic network process (ANP) is a scientific decision-making method based on the analytic hierarchy process (AHP) [57]

  • Nishizawa [58] believes that compared with AHP, ANP considers the hierarchical structure of the network and considers the interaction and constraints between the indexes. erefore, ANP can describe and characterize complex decision problems realistically

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Summary

Introduction

From the “Plum Blossom K” and “Guan Mu Tong” incidents to the Changchun Changsheng vaccine incident, these occurrences cause widespread concern for the pharmaceutical industry [1, 2] and seriously threaten the public’s health and safety [3, 4], thereby affecting government credibility and social harmony and stability [5, 6]. According to the relevant literature and laws and regulations, the transparency information of listed pharmaceutical enterprises is divided into five second-level indexes: enterprise basic information, product information, safety production and sales information, enterprise governance information, and financial information [30, 46]. Erefore, according to the existing research and Articles 7, 14, 42, and 70 of the Drug Administration Law of the People’s Republic of China, the basic information of the enterprise is divided into four third-level indexes: pharmaceutical production license information, pharmaceutical business license information, basic situation of the Board of Supervisors members, and the integrity of other employees [48, 49]. The Delphi expert group consists of 21 experts in pharmaceutical-related fields (i.e., 9 professors engaged in food and drug safety management research, 5 food and drug safety government regulatory authorities, 3 listed pharmaceutical company executives, 2 newspaper reporters involved in drug safety issues, and 2 ordinary consumers)

Evaluation Model
Objective
Transparency of Security Risk Information in Listed
Evaluation object
B B1 B2 B3 B4 B5 B6 B7 B8 B9 Local weight
C11 C12 C13 C14 C15 C16 C21 C22 C23 C24 C31 C32 C33 C34 C41 C42 C43 C44
Conclusion
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