The pharma industry produces a lot of useful and important drugs, but they also do a lot of seriously shady shit. GSK habitually lied about the risks of Paroxetine and hid data showing serious safety issues. Merck committed fraud on a grand scale by falsifying and concealing data related to Rofecoxib, which led directly to around 60,000 deaths. It's quite clear that the ethical standards of the pharmaceutical industry are close to nil - most large companies are happy to kill patients with useless drugs as long as it's profitable.