Matt Gilchrist wrote:
My understanding is that industry codes of practice aren't subject to
Government regulations. So isn't this statement (from the drug company)
a misnomer?
No, Industry Codes of Conduct have to be ratified by the ACCC.
The ACCC imposed a "condition" (disclosure of funds used for education,
hospitality, etc.) before they would "ratify" the latest edition of
Medicines Australia Code. This "condition" was opposed by MA but they
lost an appeal to the Australian Competition Tribunal. See:
http://tinyurl.com/yu4c9e.
In addition, the TGA makes compliance with Medicines Australia Code of
Conduct a condition of "registering" a medicine to catch companies that
are not members of MA.
The system is called "co-regulation" - self-regulation plus the
government heavily breathing down the industry's neck!
Cheers
Ken
--
Dr. Ken Harvey
Adjunct Senior Research Fellow
School of Public Health, La Trobe University
http://www.medreach.com.au
VOIP: +61 (03) 9029 0634; Mobile +61 (04) 1918 1910
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