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GSK to stop doctor paying doctors to make speeches 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."