Financial Times FT.com

GSK to publish level of doctors’ advisory fees

By Andrew Jack

Published: October 22 2008 19:54 | Last updated: October 22 2008 19:54

GlaxoSmithKline is to make public the level of advisory fees it offers to doctors and medical academics, and will strictly cap the payments they can receive in the US to $150,000 (£88,000) a year each.

Andrew Witty, chief executive of the UK-based pharmaceutical company, said he was introducing tougher new rules to impose a cap “without exception” on such payments and promised to publish the amounts.

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