US: Eli Lilly payments to doctors to be reported
Date: 24 Sep 2008
Eli Lilly has said that it will break new ground by disclosing how much money it has paid to doctors for various services. It will give details of all payments greater than $500 to doctors, typically paid for advice and speaking, with future years also to include areas such as travel, entertainment and gifts.
The company's action is a pre-emptive response to calls for legislation to require such disclosure as many suspect that pharmaceutical firms improperly influence medical decisions through payments that are made to doctors.
John Lechleiter, Eli Lilly's CEO said that the company had learned in the past that letting people see what the company was doing was the best way to restore trust. Payments to doctors for legitimate services were fair, since they were taking their time away from their practice.
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