Tag Archives: money

NYT: Psychiatrist Failed to Report $1.2M Paid by Big Pharma

The New York Times reports that Emory University psychiatrist Charles B. Nemeroff failed to report $1.2 million he earned from consulting with pharmaceutical companies. If true, this would violate federal research rules. According to the article:

In one telling example, Dr. Nemeroff signed a letter dated July 15, 2004, promising Emory administrators that he would earn less than $10,000 a year from GlaxoSmithKline to comply with federal rules. But on that day, he was at the Four Seasons Resort in Jackson Hole, Wyo., earning $3,000 of what would become $170,000 in income that year from that company — 17 times the figure he had agreed on. Continue reading NYT: Psychiatrist Failed to Report $1.2M Paid by Big Pharma

NYT: Law Should Compel Disclosure of Drug Company Payments to Physicians

A September 27 editorial in the New York Times calls on the US Congress to pass legislation that will force pharmaceutical companies to publicly disclose all payments they make to physicians. As the editorial puts it, “Patients need to know that doctors are prescribing particular drugs for sound medical reasons — not because drug companies have bought their doctors’ loyalty.”

The editorial follows an exposé the New York Times published this past July (see the AHP report) in which it was revealed that “nearly 1/3 of the [American Psychiatric Association’s] budget comes directly from the pharmaceutical industry, in the form of journal ads, convention exhibits, and the sponsoring of fellowships, conferences, and symposia.” Continue reading NYT: Law Should Compel Disclosure of Drug Company Payments to Physicians

Psychiatry, Pharmaceutical Funding, and Congress

This item comes more from the category of history-in-the-making, rather than history proper.

The New York Times has just published an article on just how extensive the financial ties are between the pharmaceutical industry and the American Psychiatric Association (APA). According to the article, nearly 1/3 of the APA’s budget comes directly from the pharmaceutical industry, in the form of journal ads, convention exhibits, and the sponsoring of fellowships, conferences, and symposia. Continue reading Psychiatry, Pharmaceutical Funding, and Congress