Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

UK doctors paid $64 mln by drug companies in 2013

Thu, 03rd Apr 2014 10:58

LONDON, April 3 (Reuters) - Doctors in Britain were paid38.5 million pounds ($64 million) by drugmakers last year,sightly less than 2012, according to new data underscoring thelinks between the pharmaceutical industry and prescribers.

Industry payments to doctors have come under increasedscrutiny following a number of scandals over sales practices,notably in the United States, and concerns that such ties couldput commercial interests ahead of the best outcome for patients.

The figure, announced by the Association of the BritishPharmaceutical Industry (ABPI) on Thursday, was slightly down onthe 2012 level of 40 million pounds.

Criticism of the close relationship between doctors and drugfirms has prompted some companies to rethink how they operate.GlaxoSmithKline said in December it would stop payingdoctors to promote its drugs, though it will still pay fees forclinical research and advisory work.

A number of other firms have also taken more limited stepsto curb physician-related marketing practices, includingAstraZeneca, which said in 2011 it was scrappingpayments for doctors to attend international congresses.

Under U.S. healthcare law, drug companies are now forced todisclose payments to doctors, while in Europe firms will berequired to make public the names of individual doctors theyhave paid from 2016.

In the interim, the ABPI is providing aggregate figuresbased in information from 34 out of the top 40 drug companiesoperating in Britain.

The overall payments to doctors last year comprised 27.7million pounds for consultancy services and 10.8 million insponsorship to attend third party meetings, the trade groupsaid.

($1 = 0.6012 British Pounds) (Reporting by Ben Hirschler; Editing by Sophie Walker)

Related Shares

More News
12 Jun 2024 20:56

AstraZeneca's Farxiga approved to treat paediatric type-2 diabetes

(Alliance News) - AstraZeneca PLC on Wednesday said its Farxiga treatment has been approved in the US to treat some diabetes sufferers.

10 Jun 2024 09:10

LONDON BROKER RATINGS: JPMorgan cuts Aviva but lifts M&G

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

10 Jun 2024 08:30

TOP NEWS: Astra's Tagrisso gets US priority review for lung cancer

(Alliance News) - AstraZeneca PLC on Monday celebrated a breakthrough therapy designation for its cancer drug Tagrisso, aimed at treating a form of no...

10 Jun 2024 07:37

LONDON BRIEFING: FTSE called down amid political uncertainty in EU

(Alliance News) - Stocks in London are called to open lower on Monday, setting off the week on the backfoot, with eyes on the US Federal Reserve's lat...

10 Jun 2024 06:25

London pre-open: Stocks set for lower start after EU elections

(Sharecast News) - Stocks in London look primed for a lower start as investors digest the gains made by far right parties in Austria, Germany, but abo...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.