Skip navigation


Current DateTime: 03:18:33 10 Nov 2009
LinksList Documentid: 24355697

FEATURED QUIZZES


Current DateTime: 03:18:33 10 Nov 2009
LinksList Documentid: 33793611

Current DateTime: 03:18:33 10 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
Stanford to Limit Drug Maker Financing
Companies:Pfizer Inc
By: Gardiner Harris, The New York Times | 26 Aug 2008 | 11:09 AM ET
Text Size

Stanford University, concerned about the influence drug companies may have on medical education, is expected to announce Tuesday that it will severely restrict industry financing of doctors’ continuing education at its medical school.

Nearly all doctors in the country must take annual refresher courses that drug makers have long paid for. While the industry says its money is intended solely to keep doctors up to date, critics charge that companies agree to support only classes that promote their products.

Green wedding

On Tuesday, Stanford plans to announce that it will no longer let drug and device companies specify which courses they wish to finance. Instead, companies will be asked to contribute only to a schoolwide pool of money that can be used for any class, even ones that never mention a company’s products.

With its approach, Stanford becomes the sixth major medical school — including those at the universities of Massachusetts, Pittsburgh, Colorado, Kansas and California Davis — to form schoolwide pools for university contributions to medical education, according to the Prescription Project, a nonprofit organization that largely opposes industry financing of medical education. The Memorial Sloan-Kettering Cancer Center, meanwhile, has banned all industry support for its doctor classes.

Dr. David Korn, chief scientific officer of the Association of American Medical Colleges, said Stanford’s new policy was “an extremely important step forward.” The association recommended in June that medical schools pool contributions from companies as a means of shielding teachers from commercial influences.

Ken Johnson, a spokesman for the Pharmaceutical Research and Manufacturers of America, said Monday that “America’s pharmaceutical research companies have taken positive steps to help ensure they provide nothing but accurate and balanced information to health care providers.”

Dr. Philip A. Pizzo, dean of Stanford’s School of Medicine, said in an interview that the school wanted to take a firm stand on the issue, even if it meant that drug and device companies might no longer contribute to the educational effort if they could not specify which classes they wanted to support.

“I want to make sure we’re not marketing for industry or being influenced by their marketing,” Dr. Pizzo said.

The policy comes in the wake of growing scrutiny of industry financing of doctor education. In April 2007, Senator Charles E. Grassley, Republican of Iowa, issued a report that documented how drug makers used the classes to increase sales of their latest products.

In an e-mail statement on Monday, Senator Grassley said, “Reforms based on transparency can foster accountability and build confidence in medical education and, in turn, the practice of medicine.”


Current DateTime: 03:18:33 10 Nov 2009
LinksList Documentid: 22528754

Since Senator Grassley began his investigation, a growing number of drug makers have begun to make public their lists of educational grant recipients, and Pfizer [PFE  Loading...      ()   ] recently announced that it would no longer directly support commercial medical education companies, which deliver many of the classes that doctors attend and may be more susceptible to industry influence than ones based at medical schools.

Doctors have grown accustomed to taking educational classes free — often with a lunch included. Separating commercial influences from doctor education might require doctors to pay their own way, which some doctors have said they would resist.

Dr. Murray Kopelow, chief executive of the Accreditation Council for Continuing Medical Education, said that Stanford’s new policy was part of a growing push in medical education to further separate crucial medical information from marketing messages.

“It’s a good plan, and it’s a big deal that a place like Stanford has adopted it,” Dr. Kopelow said. “When this is all over, medical education will not be the same as what it’s been.”

Copyright © 2009 The New York Times
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • With prices well below peak, gems could add some sparkle to you investments.
  • Jim Cramer
  • Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
  • On the anniversary of the fall of the Berlin Wall, many in the former Eastern Bloc recall communism fondly.
  • Gavel
  • Software, biotech firms, even banks are watching a particular Supreme Court argument today.
  • From politicians to CEOs to companies, here's your chance to vote for the winners and losers of 2009.
  • The health care reform bill that passed the House on Saturday will have a much harder time in the Senate.
ADD COMMENTS
Remaining characters


Current DateTime: 01:38:20 10 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:20 10 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:17:18 10 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:02:20 10 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters