Pfizer Paid $177 Million, Glaxo Paid $85 Million To US Doctors In 2010 - FoxBusiness.com

Other elements of Pfizer's 2010 payments included:

--$34.4 million in speaking fees to about 4,600 professionals to discuss Pfizer products and health topics at events with other professionals.

--$18 million worth of meals, much of which were provided to doctors in their offices by Pfizer sales representatives.

--$8.9 million in professional advising fees to 1,400 doctors.

--$5.8 million in travel expenses.

--$1.7 million in education items.

U.K.-based Glaxo paid $28.5 million to various institutions for their help in conducting research, the company said. The payments were associated with 127 studies involving 595 different lead researchers or principal investigators. Glaxo's total 2010 R&D costs were $6.9 billion.

In addition, Glaxo paid $56.8 million in speaking or advisory fees to 5,331 health-care professionals.

via foxbusiness.com

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