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Another Study Finds Link Between Pharma Money and Brand-name Prescribing

A group of researchers at Harvard Medical School has found that medical industry payments to physicians in Massachusetts are associated with higher rates of prescribing brand-name drugs that treat high cholesterol.

 

The study's finding, published today in JAMA Internal Medicine, is in line with a ProPublica analysis and story from March, which showed that physicians who receive industry money tend to prescribe higher rates of brand-name drugs 2014 and thus, lower rates of similarly effective, more affordable generic drugs 2014 when compared to peers.

 

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An aim of the study, said lead author Dr. James S. Yeh, was to determine and reduce any industry influence that could produce bad behavior.

 

"You want your doctors to be objective rather than doing something because there is a financial gain, be it subconscious or conscious," Yeh said. "That's not the way we should be doing medicine."

 

Yeh added that not all industry relationships with physicians are problematic. Often pharmaceutical companies fund large research projects that could produce advances in medical care.

 

The Harvard study concluded that physicians' rate of prescribing brand-name statins 2014 the category of drugs that treat high cholesterol 2014 increased by 0.1 percent for every $1,000 in industry money received. Under $2,000 in payments, there was no significant increase in brand-name prescribing.

 

A 0.1 percent increase in brand-name prescribing might not seem like much, but the study notes that brand-name statins cost two to four times wholesale as much as generics and that cost is an important factor in patient health outcomes. Patients are less likely to keep taking drugs that are more expensive.

 

Both ProPublica and the Harvard researchers were careful not to assign a causal relationship between payments and brand-name prescribing because there's a lot that the data alone can't show 2014 for instance, why a doctor chose a certain drug, or the list of preferred drugs used by a patient's insurer. It's also possible that pharmaceutical companies market their drugs more to doctors who are already high brand-name prescribers.

 

"I think the causal relationship is really difficult to determine because there's so many other factors that impact the physician's prescribing behavior," said Yeh, a research fellow at Brigham and Women's Hospital and Harvard Medical School.

 

The Harvard study differs from ProPublica's analysis in a few ways. ProPublica looked at doctors nationwide in the five most populous specialties, using data from the U.S. Centers for Medicare and Medicaid Services' Open Payments program, which included all payments to doctors from drug and device makers in 2014. The Harvard researchers only looked at Massachusetts doctors, using a 2011 physician payment database kept by the state's department of health.

 

Also, ProPublica focused on overall brand-name prescribing rates, not just for statins. The researchers chose statins because they are frequently prescribed and because there are both generic and brand-name options.

 

Both analyses used prescribing data from Medicare's Part D program to determine physicians' brand-name prescribing rates 2014 in fact, the Harvard researchers purchased Part D data prepared for analysis by ProPublica. Part D currently provides drug coverage to nearly 41 million seniors and disabled people.

 

One of Yeh's co-authors, Dr. Aaron Kesselheim, provided feedback on the design of ProPublica's analysis.

 

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for their newsletter.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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QNet: “It is a chain where a person is fooled and then he is trained to fool others to earn money” says Bombay HC order
The Bombay High Court while rejecting anticipatory bail applications of five accused in the multi-crore QNet scam, has observed that "the deceit and fraud is camouflaged under the name of e-marketing and business". This scheme is undoubtedly a multi-level marketing (MLM) activity and a pyramid structure of such scheme is prepared so that the members are promised to get money on purchase and sale of products, the Court said.
 
In a hard-hitting order on 6 May 2016, Justice Mridula Bhatkar said, "The motto of the company 'sell more, earn more' appears very attractive and innocuous. However, this motto is fully camouflaged. The company stands on a basic statement that people can be fooled. Thus, the true motto is 'sell more earn more' by fooling people. In fact it is a chain where a person is fooled and then he is trained to fool others to earn money. For that purpose, workshops are conducted where study and business material is provided with a jugglery of words, promises and dreams. Thus, the deceit and fraud is camouflaged under the name of e-­marketing and business."
 
"It has very grave and serious impact on the economic status and mental health of the people on a large scale. On considering parameters of section 438 of the Code of Criminal Procedure, I am not inclined to protect the accused. It won't be out of place to mention that such circulation is required to be stopped. It is necessary for the prosecution to take injunctive steps against this business activity, which is prima facie, illegal. Though by stopping this business, a large group of people may get financially affected, however, it will save larger groups of people from becoming prey of this activity," the Bombay HC said. 
 
The HC rejected bail applications of five including, Srinivas Rao Vanka and Magaral Veervalli Balaji, both directors of Vihaan Direct selling (India) Pvt Ltd, Suresh Thimiri, director of Transview Enterprises India Pvt Ltd, Malcolm Nozer Desai, who is a 20% stakeholder in Vihaan and Michael Joseph Ferreira, former world champion of billiards and an 80% stakeholder in Vihaan.
 
"I have gone through the plan which is given by QNet to every individual representative (IR)," Justice Bhatkar said. "I have gone through the statements of many witnesses, who claimed that they have been cheated under the scheme launched by QNet. I have also considered the conclusive report of Serious Fraud Investigation Agency (SFIO) under the Company Act) SFIO Prima facie, there is material to hold that the business conducted by Qnet is covered under PCMC Act and also under Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954."
 
"However," the Bench added, "the things are not as straight as they are perceived on the surface. Assuming that the scheme was launched with a noble object to give benefit to maximum people to make money quickly and easily by selling products of the company, however, after going through the material placed before me including the statements of the witnesses, I am of the view that in the mid­way, the intention of the applicants/ accused, who are the directors and shareholders of the company, became dubious. They had knowledge that more members are suffering financial losses and they are not satisfied with the products. The claim that the wellness products i.e., Biodisk and Chi Pendent are medicinal and spiritual products, are after all, a matter of faith. However, the applicants/ accused have launched these wellness products with ulterior motive and with correct judgment of vulnerability of the people. The holiday packages, which were sold or offered, without any choice left to the buyers. The entire business was Internet based and, therefore, the persons who are responsible i.e., the top brass i.e., the applicants/ accused, were not approachable to the persons who were aggrieved. The nature of the business was knitted in the interest of the Directors and shareholders in such a manner that the persons who are at the lower level of the pyramid cannot get any access to put up their grievances. The manner in which the persons were contacted, incentives offered, the workshops were conducted, are best examples of inducement."
 
Earlier, Pradeep Gharat, special Public Prosecutor submitted before the Bench that Vanmala Hotels, Travels and Tourism Services Private Ltd and Pallava Resorts Private Limited have created a Website and travel packages. "The commission was not paid on the products though the new members were introduced. The registered office of Vanmala Hotels, Travels and Tourism Services Pvt Ltd company is a call center," he said. 
 
He further submitted that in December 2014 the Ministry of Corporate Affairs sealed their office at Chennai and declared Gold Quest International Pvt Ltd and QuestNet Enterprise (P) Ltd as the fraud companies. "Thus, money is collected on­line and though the Independent Representative number is given, actual money was not available for withdrawal. Said money was laundered outside India. The police in the investigation have come across 73 bank accounts of Q Net Ltd and total laundering of is around Rs135 crore," Adv Gharat had said.
 
Below is the order passed by the Bombay HC…
 
 
Earlier in February 2016, the special Maharashtra Protection of Interest of Depositors (MPID) Court had also rejected anticipatory bail applications of these five. The Economic Offences Wing (EOW) of Mumbai Police, which is probing the case, had invoked the stringent MPID Act against controversial multi-level marketing (MLM) company QNet, which has denied any wrongdoing on its part.
 
Gurupreet Singh Anand, a computer consultant from Lokhandawala, Andheri in his first information report (FIR) stated that his wife was duped for Rs30,000 by some people who had introduced themselves as the independent representatives (IRs) of QNet. 
 
While arguing before the HC in person, he contended that the illegal money circulation scheme is being conducted in India by changing names from GoldQuest to QuestNet to the current QNet.
 
Earlier, the SFIO in its detailed ‘secret’ report on GoldQuest International Pvt Ltd and Quest Enterprises India Pvt Ltd has called multi-level marketing (MLM) schemes run by overseas operators as “a potential threat to national security”.
 

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COMMENTS

sachin

4 days ago

Sandy Bro...

you have lot of Patience to type long long messages.

Yes I want to know the number of people cheated since nobody can count it. if you have numbers pls send it to me.

you are saying that you have attended VCON, hope you not an TOP IR or Company Official. But still want to support QNet. Looks Funny. But I am a Victim, I agree.

I said I had been to Srilanka for Holidays not Vacation.

I dont think you know better than me about the company since you are differntiating Company from IR's. For me both are same. Since TOP IR's run the show. Basically this business is to pay Commissions for TOP IR's. You yourself using an work "ASSOICIATED".

SC has given only Bail not clean chit. Please read the Order in detail. I can read and understand the Order better than you since, I am Lawyer. Investigation to go futher,long long way to go....

God Bless You Mr.Sandy



sachin

6 days ago

Back from 3 weeks owesome Srilankan Holidays. So how many more got cheated from QNet ?

REPLY

Sandy

In Reply to sachin 6 days ago

Ohh.. Mr. Sachin seems to be very concerned about victims of Qnet, as after coming back from Sri Lanka (THREE WEEK HOLIDAY!!! ...and that too in Sri Lanka!! who does that...amazing) he wants to know the count..... Mr.Sachin..do you want to know the count just for fun ? or are you really concerned ?? In any case, you could have remained in touch through this platform... You just need an internet connection and most of the hotels provide free wifi!!

sachin

In Reply to Sandy 4 days ago

Mrrrrr.Sandy, what a Name Ooops....Going to Srilankan in my own money is Legal not Illegal. Going to VCON get Trained by so called Speakers, coming back to India, fuc* your friends and relations life is Illegal....Hope you have Free WiFi at VCON. God Bless you Mr.Sandy

Sandy

In Reply to sachin 4 days ago

Dear Sachin,
You didn't reply to my question, "you want to know the count of people cheated by Qnet, just for fun?? Or are you really concerned ??"
Obviously, nobody can force you to give reply, but I felt that you are brave enough to face any question instead of ducking it.... May be I am wrong.
Anyway, as far as my name is concerned, may be you didn't like it or have heard of this name for the first time in your life but I am OK with it... No problem.
Going to Sri Lanka by your own money is Legal... Yes... So is going to Malaysia by my own money.
Though I have never been to VCON, so I cannot comment on it that what do someone learn from there or do there (neither do I know what somebody does for 3 weeks at Sri Lanka in the name of Holidays) May be you know better as you must have attended VCON.
If someone attends VCON, comes back to India, and do whatever with his friends and relatives, which is illegal then that will be taken care of by law or concerned authorities, why should you be concerned, you can carry on your holiday or your work uninterrupted.
Now that is altogether a different matter that honourable Supreme Court of India has already looked into the case of Qnet , has gone through all the facts brought into it's notice by EOW and so called victims (like you) and reached to the conclusion that Qnet is not a ponzi scheme or fraud, some greedy people associated with Qnet might have fooled some dumb people but it does not make the whole company and all the people associated with it as bad people or scammers.
In every profession there are some bad doers but it does not make the profession untouchable, if it is so then you have to start blogging on every profession like Doctors, Lawyers, Educational institutions, Army, Politics, Food industry,..... Every where something is going wrong... So you have a lot of scope to blog against them and make all the professions untouchable.
Or if you think you are better placed that honourable Supreme Court to decide then how can someone help you..... God bless you my dear.

sachin

In Reply to Sandy 4 days ago

Mrrrrr.Sandy, what a Name Ooops....Going to Srilankan in my own money is Legal not Illegal. Going to VCON get Trained by so called Speakers, coming back to India, fuc* your friends and relations life is Illegal....Hope you have Free WiFi at VCON. God Bless you Mr.Sandy

sachin

4 weeks ago

Getting bail is not concern for a longtime. Let thr bail getters enjoy their time with their families.

Actually, No use of arresting them since QNet (Vihaan) business is not ruled by Vihaan Mgmt. All decisions and Reports will come from Malasia and Hongkong. These people are victims thatsit. Even Current Directors of the company have no idea about the business. They are just on the paper.

Now they talk about MLM Guidelines. Its not about the Guidelines, they wont follow it, its that simple.

If QNet have Balls, let them produce correct and complete Data to EOW. But they never did it, nevet ever gave complete Data as requested by EOW.

If QNet is not fraud, let them be transperent and ask for detail scrutiny of their books of Accounts from EOW / Income Tax depts.

They will never do this, since they know that their books are full of loopholes. QNet Books of Accounts is a big Joke

REPLY

bhavin sakhiya

In Reply to sachin 2 weeks ago

Recently i received a presentation to join qnet, i wanted to know more about from you, so thisvis my what's app no. +919033841141. Contact me any time .

bhavin sakhiya

In Reply to sachin 2 weeks ago

Recently i received a presentation to join qnet, i wanted to know more about from you, so thisvis my what's app no. +919033841141. Contact me any time .

ridip dewri

In Reply to bhavin sakhiya 5 days ago

Dont join its a scam

Sikender Pareek

4 weeks ago

Qnet is my dream company. It's amazing. I don't have words to show my gratitude for such a amazing company. God always send someone to help humanity and it's Qnet. Sky is not the limit, that's what Qnet teaches us. Thank you always, QNET.

Sikender Pareek

4 weeks ago

Qnet is my dream company. It's amazing. I don't have words to show my gratitude for such a amazing company. God always send someone to help humanity and it's Qnet. Sky is not the limit, that's what Qnet teaches us. Thank you always, QNET.

Sikender Pareek

4 weeks ago

Qnet is my dream company. It's amazing. I don't have words to show my gratitude for such a amazing company. God always send someone to help humanity and it's Qnet. Sky is not the limit, that's what Qnet teaches us. Thank you always, QNET.

Sikender Pareek

4 weeks ago

Qnet is my dream company. It's amazing. I don't have words to show my gratitude for such a amazing company. God always send someone to help humanity and it's Qnet. Sky is not the limit, that's what Qnet teaches us. Thank you always, QNET.

REPLY

ridip dewri

In Reply to Sikender Pareek 5 days ago

man u r sick ....i lost 1.5lac its bullshit

ridip dewri

In Reply to ridip dewri 5 days ago

U r a scammer...ur going to hell bro

ridip dewri

In Reply to ridip dewri 5 days ago

U r a scammer...ur going to hell bro

Sanju Pal

4 weeks ago

completely agree...Qneters are cheaters...they cheat their family members, friends...1 thousand worth watch they sells in 50000...
mostly in nights they call people ..and trained how to cheat others...
they asked money on relationship....even sometime they ask resume from innocent people and say there are only few vacancy ...join my organization immediately...
My GOD.....Big cheaters....

Deepak Kumar

4 weeks ago

You shouldn't be called a media house. You are declaring a company illegal when you don't even know how it operates and you wouldn't even wait for the courts verdict to do the same. For 3 years you have been covering all the negative news with your own words doing everything to make people believe it's a scam. Just because company must have refused to pay you some money I guess. If your really are a so called Media house, why haven't you covered the latest story where in the courts have stayed all FIRs against qnet calling it a non ponzi scheme. I think you would be waiting for another negative news now coz that's what you are there for. Shame on you moneylife.

Deepak Kumar

4 weeks ago

You shouldn't be called a media house. You are declaring a company illegal when you don't even know how it operates and you wouldn't even wait for the courts verdict to do the same. For 3 years you have been covering all the negative news with your own words doing everything to make people believe it's a scam. Just because company must have refused to pay you some money I guess. If your really are a so called Media house, why haven't you covered the latest story where in the courts have stayed all FIRs against qnet calling it a non ponzi scheme. I think you would be waiting for another negative news now coz that's what you are there for. Shame on you moneylife.

sachin

1 month ago

All cases and FIR's against QNET/VIHAAN all over India have been stayed by Supreme Court of India :)

WHAT A JOKE....

QNeters dont be happy. The actual problem starts now. Your books will be investigated in detail now. Soon Supreme court will cancel the stay on FIR

sachin

1 month ago

All cases and FIR's against QNET/VIHAAN all over India have been stayed by Supreme Court of India :)

WHAT A JOKE....

QNeters dont be happy. The actual problem starts now. Your books will be investigated in detail now. Soon Supreme court will cancel the stay on FIR

vinayak hebbar

1 month ago

direct selling is the future of india,, nothing wrong with the industry.. in US 60% people rich becoz of this industry including MR donald trump.. media and blogger take advantage of the network to increase the TRP

and yess i doo agree some people do it in un eticle way. and giving fals promisses and taking resume amd interw..

just bcoz few people did not laid tax properly and did uneticle cannot say industry itself is scam.. use some brains guys...

business is very simple buy a product enrol urself and promote the brand and product get commission

now how fast u grow is depending in with whome u become partner with..

im not here to say about qnet .. or not i am part of but people should aware about industry .. of networkmarketing bcoz its a future of india..

REPLY

Nilesh Bhanushali

In Reply to vinayak hebbar 1 month ago

if it is direct selling, then why QNET guys put more focus on selling membership than selling products. why guys are pushed to Buy expensive products (>~ 300,000)to enroll where as you can become member by puchasing cheap product of (20,000). why buying product is not incentive .
I like direct marketing like Amway where quality product are sold and people get commission on that. still it is incentive to have more connection. but it is all about selling good product. QNET product are over expensive and mostly lifestyle product. why would middle class person will want to purchase 50K phone?

Maha Lakshmi

In Reply to Nilesh Bhanushali 4 weeks ago

Well said brother and a great question. But am sure they have no answer for this question because they cheat and they are scam.

sachin

In Reply to Nilesh Bhanushali 1 month ago

Well said brother

sachin

1 month ago

Aadaar is Mandatory to use hold the existing sim or to purchase a new SIM. Mr.Modi why can't you Ban Whatsup Calling, Facebook Calling, WeChat Calling etc., QNet are using these apps to do business and to cheat people.

Shanti Debia

1 month ago

And I don't know y my comment was deleted

HUL's Q4 net up 7%
Consumer goods major Hindustan Unilever Ltd (HUL) on Monday reported a 7% rise in its standalone net profit in the quarter ended March to Rs.1,089.59 crore as compared to Rs.1,018.08 crore in the year-ago period.
 
Net sales increased by 3.36 percent for the quarter to Rs.7,809 crore as against Rs.7,555 report in the corresponding period last year.
 
"During the quarter, the domestic consumer business grew at 4 percent, with 4 percent underlying volume growth. Growth in the quarter was impacted by the phasing out of excise duty incentives, a one-time credit for excise duty refund in the base quarter and marginal price de-growth," the company said in regulatory filing at Bombay Stock Exchange (BSE).
 
The FMCG giant said that lower input costs resulted in 240 basis points reduction in cost of goods sold.
 
Net profit for 2015-16 was at Rs.4,082 crore with the growth rate impacted by the higher exceptional income arising from subsidiary and property related sales in the previous year, it reported.
 
"In challenging markets and a deflationary cost environment, we have delivered another year of competitive and profitable growth. Our sustained focus on investing behind brands, sharpening our executional capabilities and driving market development has enabled us to keep wining with consumers in a rapidly changing market," said company chairman Harish Manwani. 
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

sai kiran

1 month ago

Its very important

Michael

1 month ago

I am victim of it! I recently invested 4 Lacs in it. Dont know how to get my money back. Should I file complain against them?

REPLY

sai kiran

In Reply to Michael 1 month ago

Bro can I know u r WhatsApp num bcoz I want to know futhure about qnet bcoz my one of my cousin is asking me to join into this business.8008809959 this is my WhatsApp num u can msg me at anytime

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