Published:
According to Cutting Edge Information's Research, OIG Guidelines Hasten Medical Affairs' Shift to Dedicated Departments and Budgets

Many pharmaceutical companies
have restructured their medical affairs departments in an effort to ensure
OIG compliance, according to a report by Cutting Edge Information.
According to Medical Affairs: Delivering Strategic Value, the percentage of
medical affairs departments housed under marketing departments has
decreased from 43% to 7% since 2002 (www.pharmamedicalaffairs.com).
Instead, medical affairs is now a wholly dedicated department at many
companies.
any of these departments are now receiving dedicated budgets as well,
allowing additional independence and an opportunity for medical affairs to
focus resource allocation on projects that further the companies'
scientific objectives. Over two-thirds of surveyed companies provide
medical affairs departments with dedicated budgets, with the remaining
companies channeling medical affairs funding through other departments such
as research and development, marketing, commercial or business development.
"Companies are completing their overhauls of medical affairs, and many
medical affairs departments are becoming comfortable with their new
oversight and responsibilities," says research manager Elio Evangelista.
"Even so, compliance remains a topic of much discussion, and these
companies are making compliant practices a top priority."
According to Cutting Edge Information, medical affairs compliance has
become an area of concern, both within the companies themselves and among
public advocacy groups and state and national legislative bodies. While
the boundaries put in place by OIG have changed the way that medical
affairs operates in many of these companies, further legislation threatens
to increase reporting standards and regulations on interactions between
doctors and pharmaceutical employees.
edical Affairs: Delivering Strategic Value was designed to explore
pharmaceutical companies' medical affairs structures, resources and
strategies. Based on interviews with industry executives, the report
provides several best practices, which detail how leading companies adapt
and thrive commercially while still remaining compliant. The study offers
strategies for how medical affairs teams can improve internal communication
and coordination, as well as negotiate effectively for additional
resources. Download a complimentary brochure for the study or purchase the
report at: www.pharmamedicalaffairs.com.
Copyright © 2009, MarketWire
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Copyright © 2009, NewsBlaze,
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Tags: ,Medical and Healthcare:Healthcare, PharmaceuticalsandBiotech:Biotech, PharmaceuticalsandBiotech:Trials, ProfessionalServices:HumanResources, ,NC,RESEARCH TRIANGLE PARK, NC
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