Aussie Drug Cos. Will Have To Reveal Doctor Payments

Law360, New York (July 05, 2012, 2:35 PM ET) -- Australia’s pharmaceutical industry introduced rules on Thursday that would require drug companies to disclose payments made to doctors and consumer groups and ban certain types of payments to health care professionals, such as personal gifts to doctors.

Medicines Australia, the country's industry self-regulator, updated its code of conduct to require its member companies to report — in aggregate amounts — all payments made to health care professionals for consultancy arrangements and joining advisory boards, all sponsorships of health care professionals to attend medical conferences and educational...
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