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Pfizer Paid Doctors, Hospitals $35 Million - WSJ.com
By JONATHAN D. ROCKOFF And PETER LOFTUS
Pfizer Inc. said Wednesday it paid about 4,500 doctors and hospitals $35 million during the second half of last year to study how the company's medicines work and to promote the treatments, in its first public disclosure of payments to the professionals and institutions that test and prescribe its products.
Drug companies have been under pressure from some members of Congress and physicians to reveal their payments. The health overhaul passed recently requires disclosures of certain physician payments starting in 2013. But Pfizer faced a more immediate deadline for revealing its payments: It agreed to report the spending next year, as part of an agreement last year to pay a record $2.3 billion and plead guilty to a criminal charge to settle government investigations that it promoted the former pain drug Bextra and other products for so-called off-label uses.
Write to Jonathan D. Rockoff at [email protected] and Peter Loftus at [email protected]
By JONATHAN D. ROCKOFF And PETER LOFTUS
Pfizer Inc. said Wednesday it paid about 4,500 doctors and hospitals $35 million during the second half of last year to study how the company's medicines work and to promote the treatments, in its first public disclosure of payments to the professionals and institutions that test and prescribe its products.
Drug companies have been under pressure from some members of Congress and physicians to reveal their payments. The health overhaul passed recently requires disclosures of certain physician payments starting in 2013. But Pfizer faced a more immediate deadline for revealing its payments: It agreed to report the spending next year, as part of an agreement last year to pay a record $2.3 billion and plead guilty to a criminal charge to settle government investigations that it promoted the former pain drug Bextra and other products for so-called off-label uses.
Write to Jonathan D. Rockoff at [email protected] and Peter Loftus at [email protected]
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