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FeedRank: 4/10  4/10  Good  ---  www.prwatch.org
The nonprofit Center for Media and Democracy strengthens participatory democracy by investigating and exposing public relations spin and propaganda, and by promoting media literacy and citizen journalism, media "of, by and for the people." Our programs include PR Watch, a quarterly investigative journal; six books by CMD staff; Spin of the Day; the Weekly Spin listserv; and, Congresspedia and SourceWatch, part of our wiki-based investigative journalism collaborative to which anyone, including y ...

 

 
Tuesday, July 15, 2008 --- 87 days ago
As CMD recently reported , the Pharmaceutical Research and Manufacturers of America , or PhRMA, have instituted a voluntary, and therefore unenforceable, code to guide drug makers' relationships with doctors. Now, thanks to pressure from Congress, most notably by Senator Charles Grassley , the American Psychiatric Association (APA) needs to respond to concerns about the influence drug company money has on the association and its members. "In 2006, the latest year for which numbers are available, the drug industry accounted for about 30 percent of the association's $62.5 million in financing." There are serious questions about the association's leadership as well. "One of the doctors named by Mr. Grassley is the association’s president-elect, Dr. Alan F. Schatzberg of Stanford, whose $4.8 million stock holdings in a drug development company raised the senator’s concern." The New York Times analyzed data from Minnesota last year on drug company funding of doctors, finding that "on average, psychiatrists who received at least $5,000 from makers of newer-generation antipsychotic drugs appear to have written three times as many prescriptions to children for the drugs as psychiatrists who received less money or none." ...




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