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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: Edderd who wrote (3987)12/22/1997 1:36:00 PM
From: Tunica Albuginea  Read Replies (1) of 23519
 
Edderd,Re
: "Look to the university programs to maintain integrety although recently (U of Mich) there were financial shenanagins related to study grants."
and
" The amount of money available for these studies is enormous. It is not unusual for the fees to be over 5000 dollars per patient. As you can see at that price it is difficult for the investigators to be unbiased. "
************

Don't hold your breath.

The Chairman of the Depatment of Uro;ogy at the prestigious University of Michigan Medical school, Dr.Joeseph E. Oesterling
-is under investigation by the criminal authorities for funnelling
under the table money gifts to personal bank accounts ( a form
of fee splitting/kickback ).
- this was in order to provide favorable input to the Unversity of Mich Pharmacy and Theapeutics Dept to stock a drug that he got paid off by the company.
-The above is against the rules of the Univ of Mich ethical gudelines which he read and signed before becoming chairman.
-as a result of that he was forced to resign from the Univer of Michigan.

Dr Oestering is ALSO EDITOR of the prestigious urological
journal " UROLOGY" !!!! one of the two main journals in urology published in the USA, for readers who don't know about it). I assume he will be resigning from that soon too .

TA
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