Medical and Science
New BMJ article pushing for industry-free influence
A global team of researchers, clinicians, regulators, and citizen advocates published a new aricle in The BMJ suggesting how to build an evidence base for healthcare that is free of commercial influences from Pharma, Biotech and MedTech organisations.
Perspectives differ on the financial relationships between industry and healthcare professionals, and debate is ongoing about where to draw the line between valuable collaboration and relationships that don’t serve patients or the public.
Some see transparency as the best strategy, while others regard it as necessary but insufficient. The authors argue that endemic financial entanglement is distorting the production and use of healthcare evidence, causing harm to individuals and waste for health systems. The authors propose pathways towards financial independence from industry across healthcare decision making.
“If we want to produce trustworthy evidence and tackle the epidemic of medical excess, decision-makers at all levels within healthcare need to disentangle themselves from those profiting from that excess.” said Dr. Ray Moynihan, lead author, Assistant Professor at Bond University in Australia.
The publication outlines possible pathways to financial independence from commercial interests in research, education and practice.
Another perspective suggests that the academic institutions, clinicians, government, industry and patient organisations each have their own expertise and require financial sustainability to be able to contribute to the healthcare sector.
In considering the complex healthcare environment and an aging population, how can these organisations work more collaboratively together to enhance patient outcomes?
Register FREE to receive the latest news, innovations and insights from Health Industry Hub; the only one-stop-hub connecting Australia’s Pharma, MedTech and Biotech industry professionals and its key stakeholders.
You may also like MA disappointed at the impact of proposed changes to R&D tax incentive.
News & Trends - Pharmaceuticals
Will the new PBS campaign pressure the government to act?
Pharma News: The medicines industry is ramping up its campaign to slash delays in patient access to new and innovative […]
MoreNews & Trends - MedTech & Diagnostics
Private hospitals struggle despite surge in admissions: Financial crisis worsens as inflation outpaces benefits
MedTech & Diagnostics News: Private hospital admissions are on the rise, but this uptick is not enough to counter the […]
MoreDigital & Innovation
Health sector and government under scrutiny: Record data breaches expose millions
Digital & Innovation: The national privacy regulator has raised alarm over escalating threats, reporting a record surge in data breach notifications. […]
MoreMedical and Science
Diabetes research funding plummets by 35%: Consultation launched to reverse decline
Medical & Science: Australia’s diabetes crisis is deepening, with calls for urgent action growing louder. The Standing Committee on Health, […]
More