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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Vector1 who wrote (7617)	12/27/2002 7:03:27 AM
From: dalroi	Respond to of 52153

Thanks for the support V1. Personaly i think the boondogling becomes important when one has to chose between 2 equivalent products , THEN the matabisch or the representative matter. At least thats what i percieve in my country one has to look in the big corporate world also , eg my wife has a senior position in a big us firm and i c she also gets invited to a lot of dinners (beter quality then mine) and educational trips . cheers Stefaan Bafort MD

To: Vector1 who wrote (7617)	12/27/2002 10:15:49 AM
From: NeuroInvestment	Respond to of 52153

V1: >>most docs IMO want to do the right thing for their patients<< I completely agree--I have many friends in psychiatry who 'play the game' with the reps, accepting the dinners and trips, but when they have to choose a drug for a given patient, they choose what they believe is clinically best. Though when the choice is ambiguous, then they may be swayed. My post had to do with appearance more than with practice. To an outside observer, e.g. the FDA, the Game looks corrupt, and physicians play into this by acting as if they are entitled to these perks. There is some hypocrisy involved, even with some individuals who are close friends. The educational component is half-attended to as they play with their appetizers and wine, they accept goodies from reps whose wares they intend never to use. The criticism was addressed more to the Pharma companies who undercut their own credibility by treating physicians as if they are for sale--but physicians are guilty of collusion by playing along, and thus contribute to an unsavory image that works against everyone . Harry Tracy NeuroInvestment