Financial Times FT.com

Merck pays $3m in speaker fees to US doctors

By Andrew Jack in London

Published: October 20 2009 14:48 | Last updated: October 20 2009 16:41

Merck paid more than $3m in speaker fees to US doctors during the second quarter of this year, according to figures from the company that represent a step towards greater transparency in the New Jersey-based pharmaceutical group’s commercial links with prescribers.

The company has provided less information, however, than Eli Lilly, which in recent months became the first big US pharma to release a detailed list of payments made to doctors, with names and addresses, in exchange for consultancy services.

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