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Pharmaceutical Industry Payouts Prompt Conflict of Interest Concerns

By   /   November 30, 2011  /   1 Comment

Mike Barrett
Activist Post

How would you feel knowing that the doctor insisting that smoking is completely safe is actually being paid by the tobacco industry?

This kind of information would be extremely off-putting to say the least. But unfortunately this conflict of interest is absolutely rampant among the mainstream health community, especially in the pharmaceutical industry.

In fact, recent news has come out revealing that thousands of doctors, researchers, and medical experts in Texas are being paid handsomely by the pharmaceutical industry.

A Conflict of Interest Between Doctors and the Pharmaceutical Industry

It seems that a large number of healthcare professionals and researchers — many of whom are state employed — are supplementing their salary with a nice sum of money paid out by the pharmaceutical industry.

More than 25,000 physicians and researchers in Texas received a combined amount of at least $57 million in cash from the pharmaceutical industry in research money, free meals, travel, and more, from 2009 to early 2011.

Many of the medical professionals, some of which were already attaining a state salary as much as $500,000/year, were bringing in $100,000 between 2009 and early 2011 thanks to the pharmaceutical industry financial push.

These medical professionals were paid for various tasks such as assessing products, speaking engagements, and ultimately anything that would increase sales for the industry.

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1 Comment

  1. chiller says:

    Pharmaceutical is Greek for “prisoner for life”.

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