Pharma will have to name names and specify dollar amounts, too. The law also
would ban nearly all gifts–including meals–for docs, nurses, pharmacists,
health plans and hospitals/clinics. …
Category: Money
IOM Report Won’t Have Much Impact on Big Pharma (BNet Healthcare)
They called for “the elimination or modification of common practices related to
small gifts, pharmaceutical samples, continuing medical education, funds for
physician travel, speakers bureaus, ghostwriting, and consulting and research
contracts.” …
Financial conflicts of interest rules to be amended (BioTechniques Weekly)
Senator Charles E. Grassley (R-IA) has previously criticized the NIH’s
enforcement of financial conflicts of interest. A 2008 report by the HHS Office
of the Inspector General stated that the NIH lacked oversight of conflict of
interests at grant-receiving institutions. …
NJ slams FDA on conflicts of interest (Outsourcing-Pharma.com)
“It is outrageous that doctors who are testing and, in many cases, recommending
the use of certain high-risk medical devices are being compensated with stock in
the very companies that make the devices. …
New suite operational at Roche’s Carolina API plant (in-pharmatechnologist.com)
While the Florence expansion project began in 2007 well before cases of H1N1
“swine flu” began emerging, the additional Tamiflu capacity it provides
fits well with Roche’s efforts to ramp-up manufacture. …
Glaxo goes deeper into Africa with $418M deal
Aspen will distribute Glaxo’s meds in South Africa, and the two companies will
work together to sell their products across the remainder of the continent. …
Biotech Riding the Swine Flu Bandwagon (BNET Pharma)
Ironically, bio-opportunism reflects one of the biotech industry’s best
qualities: your competition does not have to fail for you to succeed. In fact,
your competitors’ successes can often validate your approach, in which case a
little coattail riding can be warranted. …
UM to start on sprawling life science park (FierceBiotech)
UM is one of a number of universities to get deeply involved in drug development
work. The state’s universities and colleges are among the nation’s most prolific
when it comes to patenting new biotech IP. …
Something Smells at Whole Foods (SocialistWorker.org)
When rumors recently began circulating that a union drive might be brewing in
San Francisco, the response from the company was immediate–including mandatory
“Morale Meetings” to dissuade employees. But company leaders failed to address
workers’ complaints that they have gone without any pay raises, sometimes for
more than two years, because Team Leaders have neglected to hold “Job Dialogue”
meetings (known as “annual performance reviews” in traditional
corporate-speak).
…
The Quiet Coup — How Bankers Seized America (Mercola.com)
A serious financial crisis is inevitable when you live too far above your means
for too long. This applies whether you’re talking about a single-family
household or an entire country. As this article points out, countries in crisis
need to learn to live within their means – just like you and I. This may mean
increasing exports and cutting imports. …