Cancer drugmakers’ marketing payments to physicians do work, but they don’t improve patient mortality, according to a new National Bureau of Economic Research working paper.
Researchers tracked an increase in Medicare prescriptions in the 12 months after physicians received marketing payments, but also found “no changes” in survival among those same physicians’ patients.
The researchers from Cornell University and University of Washington used payment data from the Open Payments database, which include meals, speaker fees and consulting fees from pharma companies to physicians. 67% of the physicians in the sample received at least one cancer drug marketing payment during the 2014-2018 study period. The research is currently in review at NBER.
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