No, I think this is all there for a reason. There is a reason why the laws were passed in the first place. You gain someone’s favor by spending a lot of money on them. As for the awkward situation,…   Read more»

Events held in anything considered non-professional, especially in the context of medical industry, can be considered an unreasonable location. Events held in resort locations, exotic destinations, or business’ where the primary context is not known for business should be considered…   Read more»

Verbal contracts are still legally binding if they have elements of validity. The problem with verbal contracts though is that people misunderstand each other causing disputes and other legal problems. I’d say verbal agreements in general are always insufficient and…   Read more»

There are also some restrictions where patients can not give gifts to their physicians to. It carries a risk of subtle biasing to the care of that patient. According to the AMA, doctors are supposed to decline any cash and…   Read more»

I don’t believe giving lavish gifts like the “old days” is permissible or appropriate in the modern pharmaceutical industry. As stated above, these gifts result in bias where physicians recommend products based on gift-giving rather than what is best for…   Read more»

While these rules or regulations may seem like they are too restrictive, they are necessary for the integrity of the pharmaceutical/medical device industry. While it is appropriate to pay for a physician’s dinner when taking them out for dinner to…   Read more»

In most scenarios, verbal contracts are legally binding. However, it is often hard to prove these contracts without written documentation. This can lead to parties not abiding by the contracts. Several measures can be taken to prevent this from occurring…   Read more»

Verbal contracts can be followed through ensuring that the agreement is as clearly defined as possible to attempt to prevent the opposite party from identifying and exploiting loopholes. When these verbal contracts are not specific, it can result in both…   Read more»

Although a scenario like this may appear to be too restrictive, I believe that it is best to maintain these strict practices to ensure that ethics are not being compromised. As mentioned by others, the Sunshine Act was established to…   Read more»

I think this gave a solid overview of what to expect from multiple different areas of the biomedical world. As students at NJIT, we are told to choose a direct track (Mechanics, Materials, Instrumentation, Pre-Health) where our focus is very…   Read more»

Just because there are “verbal contracts”, doesn’t mean things should be less important that arguments in writing. Having a witness present (maybe someone somewhat familiar with whatever is being discussed) can allow for a (hopefully) unbiased recollection of events taken…   Read more»

When considering a “sponsored event,” especially for something in a professional field, any location (as you mentioned) that someone would go to on vacation would be unreasonable. My first thought was some tropical location that may have ABSOLUTELY nothing to…   Read more»

The days of giving gifts like the “old days” are in the past for most companies today. The company that I am currently working at actually assigns a specific training relating to this exact topic and gives different instructions on…   Read more»

From recent training received at my job we were always told that gifts shouldn’t be higher than $50 dollars and should be able to be shared with others within the company or benefit the tasks needed to complete our studies….   Read more»

The discussion on Non-Disclosure Agreements (NDAs) rightly emphasizes the importance of clearly defining the scope of information usage. However, a more robust NDA should not only specify restrictions but also incorporate preventive measures against potential modifications or misuse of the…   Read more»

The list of goals in consulting and legal work is good, but it could mention how these goals often overlap and change as things go along. In transitioning between these objectives is a critical aspect often shaped by the evolving…   Read more»

Legalities become crucial when dealing with laws. The inclusion of clear and transparent jurisdictional clauses, would specify the legal jurisdiction that will govern the contract and any potential disputes. In addition emphasizing standardized protocols beyond just dispute resolution is crucial,…   Read more»

I have not experienced gift-giving in the corporate world; however, there should be some set rules and expectations when it comes to giving gifts. When giving gifts, the company should keep the gifts at a small and nominal level such…   Read more»