Posts Tagged ‘Schering-Plough’

Op Ed: New Year’s Resolutions for the Drug Industry for 2010

Wednesday, December 23rd, 2009

Martha Rosenberg
OpEdNews.com
December 23, 2009

There was only one thing worse than being unemployed in 2009: working for the drug sector.

Not only did the two biggest drug settlements in US history occur in 2009–Eli Lilly’s $1.42 billion for mismarketing Zyprexa and Pfizer’s $2.3 billion for Bextra, Geodon, Lyrica and Zyvox fraud–the Supreme Court ruled people can sue if they’re harmed by a prescription drug even if it had FDA approval.

No wonder Wyeth and Pfizer and then Merck and Schering-Plough formed defensive mergers in 2009, the former timed to knock out headlines about the Bextra settlement.

High profile suicides also occurred in 2009 prompting the FDA to add black box warnings to the asthma drugs Singulair, Accolate and Zyflo, the antismoking drugs Chantix and Zyban and authorities to question the antidepressants given to 80 percent of Iraq war veterans with post traumatic stress disorder.

The open secret of industry subsidized journal articles and Continuing Marketing, sorry Medical Education courses (CMEs) also came under Congressional investigation in 2009–as did the drug industry ties of faux grassroots groups like the National Alliance on Mental Illness (NAMI) and high flying researchers like Harvard’s Joseph Biederman, MD.

Read entire article: http://www.opednews.com/articles/New-Year-s-Resolutions-for-by-Martha-Rosenberg-091223-751.html

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Shrinks for sale: Psychiatrist makes $22,500 in 3 months doing “educational” drug speeches for Eli Lilly

Monday, September 21st, 2009

Bob LaMendola
South Florida Sun-Sentinel
September 19, 2009

Boca Raton psychiatrist Donna Holland spent a day this month in San Antonio talking to doctors about the hyperactivity drug Strattera for manufacturer Eli Lilly and Co.

Her pay for that 45-minute speech: $1,500 plus expenses.

She’s one of 24 doctors in Broward and Palm Beach counties who were paid a total of $200,000 in speaking fees from Lilly in the first three months of 2009. Payments made to 3,400 doctors nationwide were disclosed as part of a settlement with the federal government over the company’s illegal marketing practices.

The list casts a spotlight on a widespread, legal but controversial practice of drug and medical companies paying doctors to give speeches about products to other doctors. Critics, including health experts, members of Congress and some doctors, say the speakers may change the drugs they prescribe based on who’s paying them, and the doctors in the audience are exposed to a sales pitch disguised as teaching.

Read entire article: http://www.sun-sentinel.com/sfl-doctor-drugmoney-092009,0,2156852.story

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