Sunshine Act Still Pending before Senate Committee - Pharmaceutical Technology

Latest Issue
PharmTech

Latest Issue
PharmTech Europe

  • Search
  • Suppliers
  • Careers

Enter a company or product name

KeywordLocation
About Search
Sunshine Act Still Pending before Senate Committee


ePT--the Electronic Newsletter of Pharmaceutical Technology

The Physician Payments Sunshine Act is still pending before the US Senate Committee on Finance, according to Jill Kozeny, communications director for Senator Chuck Grassley (R-IA). “There are ongoing discussions about a possible bipartisan finance committee healthcare-reform bill,” Kozeny told Pharmaceutical Technology. “A comprehensive health bill may ultimately include the sunshine legislation, but there’s no agreement on an underlying proposal at this time,” Kozeny said.

If passed into law, the Act would require makers of pharmaceuticals, medical devices, and biological drugs to publicly disclose their payments to doctors that exceed $100 during the calendar year. A registry of the payments would be posted online, and companies that knowingly failed to report the information would face penalties as great as $1 million. The Act would also require quarterly reports about physicians’ ownership or investment interests in manufacturers of drugs and devices.

The Act reflects several recommendations of the Medicare Payment Advisory Commission, an independent congressional agency that advises Congress about Medicare-related issues. Senator Grassley and Senator Herb Kohl (D-WI) introduced the bill, and it was referred to the Committee on Jan. 22, 2009.

The Pharmaceutical Research and Manufacturers of America and Merck (Whitehouse Station, NJ) issued statements in support of the bill in May 2008.

 

ADVERTISEMENT

post a comment
Your email address will NOT be published.
appears with your comment
read our privacy policy
Note: does not support HTML
All comments submitted are subject to review, and may be delayed before posting. We reserve the right not to post comments.
LCGC E-mail Newsletters
Subscribe:Check the box next to each newsletter you wish to subscribe for:
| Weekly
| Monthly
| Monthly | Weekly
 Name:
 E-mail:

Survey
Are current aseptic techniques/technologies adequate to ensure patient/personnel safety?
Yes
No
Not sure
Yes
50%
No
30%
Not sure
20%
View Results
Jim MillerOutsourcing OutlookJim Miller Facing Reality
Patricia Van ArnumIngredients InsiderPatricia Van Arnum Advancing Chiral Chemistry in API Synthesis
Faiz kermaniSpotlightFaiz Kermani Demographic time bomb
USP and USAID Launch New Program to Improve Drug Quality
European Regulators Take Action to Improve Public Information Access
Repairing the Engine of Drug Innovation
Is Big Pharma Choosing Patients over Patents?
Moving Stem-Cell Therapy to the Clinic
FindPharma Custom Search
Source: ePT--the Electronic Newsletter of Pharmaceutical Technology,
Click here