Glaxo Overhauls Compensation for Drug Promoters Worldwide.
"GlaxoSmithKline Plc (GSK) will stop paying doctors to promote its medicines amid Chinese government accusations that the U.K. drugmaker bribed physicians, a year after the company admitted to marketing offenses in the U.S.
Glaxo plans to stop direct payments to doctors for giving speeches and attending medical meetings by early 2016, the London-based company said today in a statement. The company will also introduce a new compensation program for sales representatives who deal directly with those who prescribe medicines."
Please forgive me my skepticism… After reading Marcia Angell’s "The Truth About the Drug Companies" it will take a lot more than that to convince me. Just watch her conference, and you’ll know what I mean.