Dr. Daniel Carlat knows all too well how easy it is for doctors to be seduced by drug industry money.
In 2002, he earned $30,000 in speaking fees to promote Wyeth's antidepressant Effexor XR to fellow doctors.
"I quit doing it because I felt I was beginning to push some ethical boundaries in terms of what I was saying and what I was not saying," said Carlat, a psychiatry professor at Tufts University in Boston who believes doctors need to cut their financial ties with drug companies.
"My own story was really nothing special," he said in a telephone interview. "I made $30,000 for the year, which is less than some of these doctors make in a weekend."
Carlat and other psychiatrists have been studying the issue and have proposed that the American Psychiatric Association cut back on medical education seminars funded by drug companies.
READ MORE @ REUTERS
Showing posts with label payments. Show all posts
Showing posts with label payments. Show all posts
Tuesday, February 10, 2009
Tuesday, November 4, 2008
Johnson & Johnson Psychiatric Gifts Probed by Senate (Update2)
Johnson & Johnson, the world's largest health-care company, said a U.S. Senate committee probing payments to doctors by drug and medical-device makers has asked about company support of psychiatric professional groups.
J&J, of New Brunswick, New Jersey, is responding to the request, received Oct. 23 from the Senate Committee on Finance, the company said today in a regulatory filing. The letter asks about ``any payments or benefits to a number of specified psychiatrists associated with psychiatric professional associations or otherwise authorities in their field.''
Committee members Charles Grassley, an Iowa Republican, and Herb Kohl, a Wisconsin Democrat, sent a similar request Oct. 16 to J&J, Medtronic Inc. and Abbott Laboratories about support for a medical-device conference. Grassley has also said he is probing payments by AstraZeneca Plc and Eli Lilly & Co. to psychiatrists and disclosures by Stanford University professor Alan Schatzberg, president-elect of the American Psychiatric Association.
READ MORE @ BLOOMBERG
J&J, of New Brunswick, New Jersey, is responding to the request, received Oct. 23 from the Senate Committee on Finance, the company said today in a regulatory filing. The letter asks about ``any payments or benefits to a number of specified psychiatrists associated with psychiatric professional associations or otherwise authorities in their field.''
Committee members Charles Grassley, an Iowa Republican, and Herb Kohl, a Wisconsin Democrat, sent a similar request Oct. 16 to J&J, Medtronic Inc. and Abbott Laboratories about support for a medical-device conference. Grassley has also said he is probing payments by AstraZeneca Plc and Eli Lilly & Co. to psychiatrists and disclosures by Stanford University professor Alan Schatzberg, president-elect of the American Psychiatric Association.
READ MORE @ BLOOMBERG
Labels:
benefits,
drug companies,
payments,
psychiatrists,
U.S. Senate
Monday, June 9, 2008
Researchers Fail to Reveal Full Drug Pay
A world-renowned Harvard child psychiatrist whose work has helped fuel an explosion in the use of powerful antipsychotic medicines in children earned at least $1.6 million in consulting fees from drug makers from 2000 to 2007 but for years did not report much of this income to university officials, according to information given Congressional investigators.
By failing to report income, the psychiatrist, Dr. Joseph Biederman, and a colleague in the psychiatry department at Harvard Medical School, Dr. Timothy E. Wilens, may have violated federal and university research rules designed to police potential conflicts of interest, according to Senator Charles E. Grassley, Republican of Iowa. Some of their research is financed by government grants.
Like Dr. Biederman, Dr. Wilens belatedly reported earning at least $1.6 million from 2000 to 2007, and another Harvard colleague, Dr. Thomas Spencer, reported earning at least $1 million after being pressed by Mr. Grassley’s investigators. But even these amended disclosures may understate the researchers’ outside income because some entries contradict payment information from drug makers, Mr. Grassley found.
READ MORE @ NY TIMES
By failing to report income, the psychiatrist, Dr. Joseph Biederman, and a colleague in the psychiatry department at Harvard Medical School, Dr. Timothy E. Wilens, may have violated federal and university research rules designed to police potential conflicts of interest, according to Senator Charles E. Grassley, Republican of Iowa. Some of their research is financed by government grants.
Like Dr. Biederman, Dr. Wilens belatedly reported earning at least $1.6 million from 2000 to 2007, and another Harvard colleague, Dr. Thomas Spencer, reported earning at least $1 million after being pressed by Mr. Grassley’s investigators. But even these amended disclosures may understate the researchers’ outside income because some entries contradict payment information from drug makers, Mr. Grassley found.
READ MORE @ NY TIMES
Subscribe to:
Posts (Atom)