Drugmakers are climbing on the disclosure bandwagon. AstraZeneca and Merck have come out in favor of a bill requiring pharma and device-makers to report their payments to doctors, joining Eli Lilly [1], which gave the legislation a thumbs-up last week. Trade associations PhRMA (drugs) and Advamed (devices) have also expressed support.
The outpouring of support began after the bill's sponsors--Sen. Chuck Grassley and Sen. Herb Kohl--bumped up the minimum disclosure amount to $500 from $25. It also helped that they added language specifically preempting state disclosure rules--now in force in Vermont and Minnesota, and on the drawing board elsewhere.
Interestingly, Schering-Plough isn't among those backing the bill. In fact, the company expressly denied its support in a letter to the sponsors. The reason? That information might undermine the relationship between patients and doctors, the company says. We'll see if it changes its tune: The letter said execs "remain open to new information or points of view."
- check out the release [2] from the Senate Special Committee on Aging
- read the item [3]at the WSJ Health Blog
- see Pharmalot's take [4]
Related Articles:
Lilly backs doc-payment disclosure law [1]
Arms twisted, pharma promises disclosure [5]
Senate investigates pharma influence on CME [6]
No freebies? No entry for pharma reps [7]
Links:
[1] http://www.fiercepharma.com/story/lilly-backs-doc-payment-disclosure-law/2008-05-14?utm_medium=rss&utm_source=rss&cmp-id=OTC-RSS-FP0
[2] http://aging.senate.gov/hearing_detail.cfm?id=298258&
[3] http://blogs.wsj.com/health/2008/05/22/drug-device-industries-support-disclosure-of-payments-to-doctors/
[4] http://www.pharmalot.com/2008/05/schering-plough-wins-the-tin-ear-award/
[5] /story/arms-twisted-pharma-promises-disclosure/2008-04-11?utm_medium=rss&utm_source=rsschttp://www.fiercepharma.com/story/arms-twisted-pharma-promises-disclosure/2008-04-11?utm_medium=rss&utm_source=rss
[6] http://www.fiercehealthcare.com/story/senate-investigates-pharma-influence-on-cme/2007-04-26
[7] http://www.fiercepharma.com/story/no-freebies-no-entry-pharma-reps/2007-10-12