New voluntary and regulatory measures can strengthen protections against financial conflicts of interest in medicine without hindering patient care or the advancement of medical knowledge, says a new report by the USA's Institute of Medicine, which comes in the wake of criticism of pharmaceutical industry marketing practices.
Several US academic/medical bodies and individual researchers have recently proposed tightening rules on industry interactions, including the banning of gifts from drugmakers (Marketletters passim), as well as the sector trade association, Pharmaceutical Research and Manufacturers of America (PhRMA), has also instigated voluntary action. The PhRMA's reactions to the IoM report are discussed later in this article.
The report tackles conflicts of interest across the spectrum of medicine, from biomedical research to clinical care and from the training of new doctors to the continuing education of physicians. It recommends several actions to improve disclosure of financial ties between the medical community and industry, limit company payments and gifts, and remove industry influence from medical education and the development of practice guidelines.
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