Biotech
May 14, 2008
Senate revises drugmaker gift bill
“We applaud Eli Lilly for endorsing transparency and hope the rest of the pharmaceutical industry follows their lead”
A revised Senate bill would require drugmakers and medical devicemakers to publicly report gifts over $500 a year to doctors, watering down the standard set in a previous version. via Reuters
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Joined: May 12, 2008
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The gifts or donations to lawmakers should also be capped at $500 per year if you want to see real savings. The gifts to physicians only influence a tiny amount of spending compared to the staggering sums that the lawmakers are influenced to spend.
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