Sunday, October 5, 2008

Following The Money ... Again

Is anyone really surprised to learn that a leading psychiatrist earned more than $2.8 million from drug makers from 2000 - 2007 and failed to report at least $1.7 million of it? Dr. Charles Nemeroff of Emory University signed a letter in 2004 promising the university he wouldn't earn more than $10,000 per year from GlaxoSmithKline but in fact he earned $170,000 that year alone.

Senator Charles Grassley (R-Iowa) is leading a congressional inquiry into drug company payments and he says "The current system for tracking financial relationships isn't working."

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