Sector News

Forest, Otsuka and J&J spend the most on fees and food for doctors

October 2, 2014
Life sciences
The Sunshine Act data’s been out in the open for a couple of days now (well–most of it), and despite the database’s clunkiness, the number crunching is well underway. The Wall Street Journal, for one, has broken down which pharma companies topped the doc-paying list in a variety of different spending categories.
 
The overall highest roller? Genentech, which doled out $122.5 million of the $302.5 million the industry as a whole spent on royalties and licenses between Aug. 1 and Dec. 31 of last year. Forest Labs took the cake on promotional speakers, throwing down $12.5 million in fees to physicians. Otsuka America forked over $9.5 million to docs in consulting fees, while Johnson & Johnson’s Janssen plowed $4.2 million into wining and dining.
 
But as the WSJ points out, those totals don’t necessarily signal a conflict of interest. In fact, some of the physicians who took home the biggest payments last year received them for purposes that had nothing to do with patient care. Several doctors who no longer even practice medicine scored large sums for serving on corporate boards or writing software used in laser-surgery machines, for example.
 
It’s just another reason some docs and drug companies haven’t been too fond of the idea of full disclosure. The numbers paint an incomplete picture–literally, with CMS for now holding back chunks of payment data thanks to coding problems–and, in some cases, a flawed one, medical professionals say.
 
Take Michigan doc James VanderLugt, listed as one of the top-paid in the nation in the “nonconsulting compensation” category. In the 5-month period the database covers, he supposedly pocketed $570,000 from Boehringer Ingelheim-owned Roxane Laboratories for leading clinical research as medical director of Jasper Clinical.
 
But as Jasper CEO Dean Knuth told the WSJ, that’s what the business was paid for conducting the studies. Dr. VanderLugt “would be delighted if he got that!” Knuth said.
 
And then there’s Gabrial Tender, an associate professor of clinical neurosurgery at Louisiana State University, who reportedly showed through $10,640 from Baxano Surgical for food and beverages. But Tender, who leads a residency program for which med device makers often drop off food, says the number’s a mix-up. “There’s no way I can eat or drink that much,” he told the Journal.
 
By Carly Helfand
 

comments closed

Related News

December 3, 2023

FDA names chief scientist Bumpus as Woodcock’s successor

Life sciences

The Food and Drug Administration’s top scientist Namandjé Bumpus will assume the role of principal deputy commissioner when longtime agency leader Janet Woodcock retires from that role in early 2024, according to an announcement Thursday.

December 3, 2023

AbbVie to buy cancer drug maker ImmunoGen for $10.1 Billion

Life sciences

US biopharma AbbVie has agreed to acquire ImmunoGen in a deal which values the company at about $10.1 billion and gives AbbVie access to flagship cancer therapy Elahere (mirvetuximab soravtansine-gynx), a first-in-class antibody-drug conjugate (ADC) approved for platinum-resistant ovarian cancer (PROC), as well as a pipeline of promising next-generation ADCs.

December 3, 2023

EuroAPI appoints new Executive Committee members

Life sciences

EUROAPI today announced the appointment of David Seignolle as Chief Operating Officer, succeeding Eric Berger, and Marion Santin as Chief Legal, Compliance, and IP Officer, both joining the company’s Executive Committee. In his new role, David Seignolle will lead the transformation of the Industrial Operations organization.

How can we help you?

We're easy to reach