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Pharma Investments, Ventures & Law Weekly

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Cegedim Dendrite



July 1 Deadline Quickly Approaches for Pharmaceutical Industry



July 6th, 2008

For the nation's pharmaceutical companies, July 1 may be as dreaded as the April 15 tax deadline.

On that date, all companies providing promotional gifts or other payments to prescribing physicians in Maine and District of Columbia must submit exhaustive reports to the respective governments. If the companies do not, they potentially face millions of dollars in penalties, as well as negative media coverage.

"Companies respond to these regulations in several different ways," says Bill Buzzeo, Vice President and General Manager, Cegedim Dendrite's Compliance Solutions, which provides the industry's most comprehensive automated product for filing...


Source: Pharma Investments, Ventures & Law Weekly (2008-07-06)

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