Glaxo Says It Will Stop Paying Doctors to Promote Drugs
 

Trying to regain trust or to avoid future fines? Could be either/both :2 cents:


Full story http://www.nytimes.com/2013/12/17/bu...=Buffer&_r=1&#!

"The British drug maker GlaxoSmithKline will no longer pay doctors to promote its products and will stop tying compensation of sales representatives to the number of prescriptions doctors write, its chief executive said Monday, effectively ending two common industry practices that critics have long assailed as troublesome conflicts of interest.

The announcement appears to be a first for a major drug company — although others may be considering similar moves — and it comes at a particularly sensitive time for Glaxo. It is the subject of a bribery investigation in China, where authorities contend the company funneled illegal payments to doctors and government officials in an effort to lift drug sales.

Andrew Witty, Glaxo’s chief executive, said in a telephone interview Monday that its proposed changes were unrelated to the investigation in China, and were part of a yearslong effort “to try and make sure we stay in step with how the world is changing,” he said. “We keep asking ourselves, are there different ways, more effective ways of operating than perhaps the ways we as an industry have been operating over the last 30, 40 years?”

For decades, pharmaceutical companies have paid doctors to speak on their behalf at conferences and other meetings of medical professionals, on the assumption that the doctors are most likely to value the advice of trusted peers.

But the practice has also been criticized by those who question whether it unduly influences the information doctors give each other and can lead them to prescribe drugs inappropriately to patients. All such payments by pharmaceutical companies are to be made public next year under requirements of the Obama administration’s health care law."

Story continued http://www.nytimes.com/2013/12/17/bu...=Buffer&_r=1&#!

So doctors will subscribe other medicament now :)

i always hate it when i'm in the doctor's waiting room, it's 10 minutes past my appointment time and a big pharma reps walks in, says hiiii to the nursring staff and walks right on into the back to meet with the doc.

If only, I suspect they'll just put more pressure on doctors to promote specific products through the the fake regulators (CDC, WHO, NHS etc)

Sometimes they make amends for their sins :2 cents: :thumbsup

its about fucking time

It needs to be a law.. otherwise it is ineffective.. the other companies will still do it.. so the cycle will continue.. only now GSK will have less lawsuits to worry about..

It should be against the law to advertise prescription drugs on television and anywhere else. I hope we all will vote that way when it comes up. If it comes up. Drug money is big money after all.

Just do this one thing.. NEVER "ask your doctor" about a drug you saw on television. What you do instead is tell your doctor what problems you are having. Imagine that.

You can also find their fun numbers here, as in what they've paid to doctors for "consulting" and speaking and such.
http://fortherecord.payments.us.gsk....payments.html#

Drs. = Sheep
 

Docs are Sheep :)

Looks like this is almost a "good faith" move to avoid further lawsuits.

http://www.firstwordpharma.com/node/...#axzz2nlCi0xvL

"In 2012, GlaxoSmithKline concluded a $3-billion agreement to resolve multiple US government investigations into its marketing practices for certain products, including promoting them for unapproved uses. Meanwhile, earlier this year, the drugmaker said that some of its senior executives may have violated Chinese law after authorities in the country accused the company of funnelling up to 3 billion yuan ($494 million) to travel agencies to facilitate bribes to boost its drug sales."

I wonder if the Rothschild's use Big Pharma products, they will know what's best...

"In 2002, de Rothschild studied at the College of Naturopathic Medicine, London where he received an advanced Diploma in Natural Medicine, ND."

http://en.wikipedia.org/wiki/David_M...ild#Early_life