Coming Soon: Pre-emptive “Voluntary” Disclosures
In a classic example of public relations striving to lessen the impact of legislation like the Physician Payments Sunshine Act, Lilly reveals that it was planning be up-front about buying physicians all along:
Starting next year, Eli Lilly and Co. will reveal how much money it pays physicians for speeches and consulting, shedding light on a shadowy area of compensation that has given the drug industry a black eye.
Under Lilly’s registry of physician payments, the company will list fees to physicians who serve the company as speakers and advisers. That information, which likely will include physicians’ names and hometowns, will be posted starting in the second half of 2009 on a publicly accessible Internet database, Lilly said.
- Lilly will disclose speaking, consulting fees paid to doctors
article at IndyStar.com
Why wasn’t this information public knowledge all along..?
