Industry Support of Medical Research: Important Opportunity or Treacherous Pitfall?

Pharmaceutical and device manufacturers fund more than half of the medical research in the U.S. Research funding by for-profit companies has increased over the past 20 years, while federal funding has declined. Research funding from for-profit medical companies is seen as tainted by many academician...

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Bibliographic Details
Published in:Journal of general internal medicine : JGIM Vol. 31; no. 2; pp. 228 - 233
Main Authors: Tierney, William M., Meslin, Eric M., Kroenke, Kurt
Format: Journal Article
Language:English
Published: New York Springer US 01.02.2016
Springer Nature B.V
Subjects:
Benchmarking
Benchmarks
Biomedical Research - economics
Conflict of Interest
Ethics
Ethics, Business
Funding
Humans
Industry - economics
Internal Medicine
Medical research
Medicine
Medicine & Public Health
Partnerships
Perspective
Public-Private Sector Partnerships - ethics
Public-Private Sector Partnerships - standards
Research funding
Research Support as Topic - economics
Research Support as Topic - ethics
Research Support as Topic - standards
Research Support as Topic - trends
Researchers
United States
public–private partnerships
conflict of interest
ethics, research
research support
ISSN:0884-8734, 1525-1497, 1525-1497
Online Access:Get full text
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Summary:Pharmaceutical and device manufacturers fund more than half of the medical research in the U.S. Research funding by for-profit companies has increased over the past 20 years, while federal funding has declined. Research funding from for-profit medical companies is seen as tainted by many academicians because of potential biases and prior misbehavior by both investigators and companies. Yet NIH is encouraging partnerships between the public and private sectors to enhance scientific discovery. There are instances, such as methods for improving drug adherence and post-marketing drug surveillance, where the interests of academician researchers and industry could be aligned. We provide examples of ethically performed industry-funded research and a set of principles and benchmarks for ethically credible academic–industry partnerships that could allow academic researchers, for-profit companies, and the public to benefit.
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ISSN:0884-8734
1525-1497
1525-1497
DOI:10.1007/s11606-015-3495-z