McKeen & Associates, PC
Call Today for a Free Consultation
866-585-1076 | 313-447-0634

New law: Drug manufacturers must disclose payments to doctors

Recent drug recalls and withdrawals of Food and Drug Administration (FDA) approval evidence serious safety concerns over many pharmaceutical drugs placed on the market. The pharmaceutical industry has grown tremendously over the past several decades and drug manufacturers have been reaping the benefits with record-setting profits.

In the drug industry, the medical needs and safety of consumers has often been placed at a lower priority than sales figures. Pharmaceutical companies routinely rush drugs onto the market without conducting medical studies that properly examine the side effects and effectiveness of the medication. The U.S. government is seeking ways to halt this dangerous practice and a soon-to-be-implemented rule is an important step toward this goal.

Drug firms are now required to disclose the payments they make to doctors who study, test and promote their products. The rule will provide more insight into the financial relationship between drug makers and physicians. When a drug firm pays a physician to examine a drug, it encourages an undeniable bias in the product. The government hopes that the new rule will help make the initial medical studies more transparent, ultimately resulting in an increase in the safety of drugs.

The new requirement is just a small step toward getting a tighter grip on an industry that has routinely been compromised by the greedy need for bigger profits. Unsafe drugs will still enter the U.S. market, putting people and families at risk.

If you or a loved one has been injured by a dangerous drug, contact a skilled medication error attorney to discuss your legal options for recovering financial damages.

Source: The New York Times, "U.S. to force drug firms to report money paid to doctors," Robert Pear, Jan. 16, 2012

No Comments

Leave a comment
Comment Information

Consultations | No Fee Unless We Win

Email us or call us at 866-585-1076 to discuss your medical malpractice case. There is no cost, no obligation and never a fee unless we are successful. You have nothing to lose by learning your rights and options today.

Email Us for A Response

Contact the Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Detroit Office
Penobscot Building, 645 Griswold Street, Suite 4200
Detroit, MI 48226

Toll Free: 866-585-1076
Phone: 313-447-0634
Fax: 313-961-5985
Detroit Office Map

Ohio Office
315 East Main Street
Suite A
Ottawa, OH 45875

Phone: 269-220-3379
Ohio Office Map

Phone Numbers