August 1, 2007

Hip pad study comes with conflict of interest

A recent study published by the Journal of the American Medical Association reported that hip protectors did not provide any substantial reduction in the incidence of hip fractures. However, the authors of the study failed to disclose that they receive research funding from the manufacturers of bone-strengthening drugs. The JAMA defends itself, claiming that it cannot possibly investigate the financial sources of all of its authors, and experts on integrity and ethics in research believe that such failures to disclose are typically innocent. However, others believe that the study could easily be interpreted to discontinue the use of hip protectors in favor of the products of the authors’ corporate backers.

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March 8, 2007

Former nursing home director must reimburse state $4000 for receiving illegal kickbacks

A former New Jersey nursing home director was ordered by a judge to reimburse $4,320 she received in exchange for swaying residents to use a particular pharmacy. In October, the former nursing home director pleaded guilty to 4th degree theft for her nursing home abuse. Between January 2000 and February 2002, the former director accepted cash kickbacks from the pharmacy owner for directing residents to exclusively fill prescriptions at his location. The pharmacy owner was sentenced to 7 years in prison and ordered to pay $1.1 million in restitution.

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February 10, 2007

Chamber of Commerce President faces conflict-of-interest investigation

As president of the U.S. Chamber of Commerce, he has long been “hard” on federal regulation, but now he faces it personally. For 12 years, he has been a board member of Sunrise Senior Living, a living facility designed for Senior Citizens. Sunrise Senior Living is a publicly traded company being probed by the Securities and Exchange Commission (SEC). Sunrise co-founder started as the Chamber of Commerce president’s driver while still in college and later became a Chamber speechwriter. Recently, the SEC began in inquiry into an allegation that this president and other insiders may have improperly cashed $32 million in stock options before Sunrise in May announced an accounting problem that caused its stock to drop.

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January 23, 2007

Revised ethics requirements bars drug firms from giving gifts to docs

Pharmaceutical companies that belong to the International Federation of Pharmaceutical Manufacturers & Assns. must adhere to a newly revised code of ethics. Among the requirements, pharmaceutical companies are forbidden from giving docs money or other gifts that might influence drug choices, such as paying for trips to golf resorts or luxury hotels. The ethics code had not been update in a decade and now applies to 26 member companies, including Pfizer.

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December 12, 2006

Leading government Alzheimer’s researcher charged with criminal conflict of interest

Last week, federal prosecutors charged a leading government Alzheimer’s researcher with engaging in a criminal conflict of interest. The researcher, working for the National Institute of Health (NIH), had earned $285,000 in private consulting fees from a pharmaceutical giant. The researcher stands accused of performing consulting work for Pfizer Inc. that improperly overlapped with his government duties.

This charge comes after the government announced tougher ethical restrictions on NIH researchers to avoid such conflicts of interest where employees were making significant money from consulting with pharmaceutical firms. If convicted, this researcher faces a maximum of 1 year in prison and a $100,000 fine.

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