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GSK to stop paying doctors to make speeches | |
(35 minutes later) | |
GlaxoSmithKline (GSK) is making major changes to its incentive schemes following a damaging corruption scandal in China. | GlaxoSmithKline (GSK) is making major changes to its incentive schemes following a damaging corruption scandal in China. |
The pharmaceuticals firm will stop paying doctors to promote its products through speaking engagements. | The pharmaceuticals firm will stop paying doctors to promote its products through speaking engagements. |
Members of its sales force will also no longer have individual sales targets. | Members of its sales force will also no longer have individual sales targets. |
Earlier this year, Chinese police said GSK had transferred 3bn yuan ($489m; £321m) to travel agencies and consultancies to help bribe doctors. | Earlier this year, Chinese police said GSK had transferred 3bn yuan ($489m; £321m) to travel agencies and consultancies to help bribe doctors. |
But the company says the latest measures are not related to that continuing investigation. Instead, it says, they are part of a wider effort to improve transparency. | But the company says the latest measures are not related to that continuing investigation. Instead, it says, they are part of a wider effort to improve transparency. |
In a statement, Sir Andrew Witty, chief executive of GSK, said: "Today we are outlining a further set of measures to modernise our relationship with healthcare professionals. | In a statement, Sir Andrew Witty, chief executive of GSK, said: "Today we are outlining a further set of measures to modernise our relationship with healthcare professionals. |
"These are designed to bring greater clarity and confidence that whenever we talk to a doctor, nurse or other prescriber, it is patients' interests that always come first." | "These are designed to bring greater clarity and confidence that whenever we talk to a doctor, nurse or other prescriber, it is patients' interests that always come first." |