A new level of transparency....contributions and gifts are good things if used properly, now it appears we will see the same transparency for the pharma business as what has been on the web relating to hospital and physician information...BD
AP) -- For years, the nation's largest drug and medical device manufacturers have courted doctors with consulting fees, free trips to exotic locales and by sponsoring the educational conferences that physicians attend.
Those financial ties don't have to be disclosed in most cases and can lead to arrangements that some say improperly influence medical care. Of particular interest to Grassley is the money that companies spend on continuing medical education. Physicians go to such conferences to fulfill their license requirements and to keep up to date with the latest treatment trends. Professional associations and companies frequently ask drug and device makers to help pay for the conferences. Recently, Grassley asked 15 companies whether they planned to follow the lead of Eli Lilly & Co., which now discloses its grants to such programs.
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