Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Major Pharm Company To End Payments To Doctors
Posted
December 21, 2013
Views
41,810
Likes
1,448
Comments
222
Engagement
3.99%
December 21, 2013
41,810
1,448
222
3.99%
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5:03Now Playing"The British drug maker GlaxoSmithKline will no longer pay doctors to promote its products and will stop tying compensation of sales representatives to the number of prescriptions doctors write, its chief executive said Monday, effectively ending two common industry practices that critics have long assailed as troublesome conflicts of interest.
The announcement appears to be a first for a major drug company — although others may be considering similar moves — and it comes at a particularly sensitive time for Glaxo. It is the subject of a bribery investigation in China, where authorities contend the company funneled illegal payments to doctors and government officials in an effort to lift drug sales."* The Young Turks hosts Cenk Uygur and Ana Kasparian break it down.
*Read more here from Katie Thomas / The New York Times:
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