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You are here: Home / Media Room / APEC Bulletin: Enhancing SME Business Ethics in the Healthcare Industry

June 26, 2014

APEC Bulletin: Enhancing SME Business Ethics in the Healthcare Industry

The relationship between healthcare companies and physicians is complex, presenting potential conflicts of interest that require oversight. Biopharmaceutical and medical device companies operate in a highly competitive market.  As a result, some companies may seek an advantage by extending gifts or other inappropriate inducements to healthcare professionals to promote a specific drug or medical equipment. This practice hurts ethical enterprises seeking to grow local operations or engage in cross-border trade. It stifles the ability of small and medium enterprises (SMEs) to invest their limited resources in health innovation. And it can result in higher costs for patients. 

Read More at https://www.apec.org/

Article by apecethics / Media Room

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