Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

GlaxoSmithKline to disclose grants to hospitals, patient groups

Wall Street Journal (subscription required), August 22, 2008
GlaxoSmithKline has announced that beginning in 2009 it will issue quarterly reports on its grants to "various organizations including hospitals, teaching institutions, managed care organizations, professional associations, patient advocacy groups, and continuing medical education companies." The announcedment comes as Iowa Sen. Chuck Grassley has been leaning on drug and device companies to be more open about who they give money to. Eli Lilly, among the first to start reporting this type of information, said that it had given out nearly $12 million in the first three months of 2007 to groups.