Tuesday, March 12, 2013

In Santa Cruz, thousands in drug profits go to doctors, study shows

Santa Cruz Sentinel
Local doctors have padded their incomes with thousands of dollars from pharmaceutical drug makers, part of a multibillion-dollar industry effort lining the pockets of doctors across California and the United States. The payments are a fraction of the 2 million documented transactions between medical professionals and 15 of the world's largest drug manufacturers compiled by the investigative journalism nonprofit ProPublica. They detail an eye-popping $2 billion in long-secret payments for meals, travel expenses and speaking fees that experts say represents a small fraction of drug makers' financial dealings with doctors.