Thursday, September 29, 2011
Conflict of Interest
Pharmaceutical companies routinely hire doctors at research universities to carry out clinical trials for approval of experimental drugs. These doctors are paid well for their work, but some wonder if the payments raise a conflict of interest. Do you see a conflict of interest in these payments, and if so, is there a way to resolve the conflict while allowing doctors to get paid for drug research?
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There is no conflict of interest. The main issue to consider is whether or not the drug was successful in therapeutically treating people with a certain illness. These doctors are getting paid for a service much like they would if they were treating patients. If the drug is successful the doctor is paid the same amount as the drug that was not successful.
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