BethGalvin FOX 5 Published : Wednesday, 10 Feb 2010
Nearly 20 percent of American doctors get paid by drug companies to be consultants or speakers, and in some cases, they're making quite a lot of money. So does that influence the decisions your doctor makes about your care?
Doctors earn money by giving professional talks to their peers about the latest research and the practice is pretty common.
For years it's been unclear how much money physicians were actually earning for these speeches. Now, three major drug companies are going public revealing who is on their payrolls and how much money they're making.
On Eli Lilly's website, the company lists faculty on the drug company's payrolls, including educators, advisors and contractors.
.../...So are public lists like this a good thing?
Doctors on both sides say yes.
"I think it's gotten to the point where the public is looking at it for what it is and they're saying, 'What's going on here?'" said Dr. Bremner.
"Why not let the public know? There is nothing to hide. There is no shame. We're not doing anything illegal," said Dr. Banov. "I think it's terrific. [It] should be completely open."
So far, GlaxoSmithKline, Eli Lilly and Merck have published online lists of who's on their payroll. Pfizer will be doing the same this spring.
Related Links
Eli Lilly:
Merck:
- http://www.merck.com/corporate-responsibility//business-ethics-transparency/ethics-financial-support-third-parties/payments-us-hcp/home.html
- http://www.merck.com/corporate-responsibility/docs/business-ethics-transparency/3Q09-Transparency-Report.pdf
GlaxoSmithKline:
- http://gsk-us.com/html/responsibility/work-with-healthcare-professionals.html
- http://gsk-us.com/docs-pdf/responsibility/hcp-fee-disclosure-2q2009.pdf
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