Life Sciences

Senators reintroduce disclosure law

Device Regulation Alert: Safety, Compliance and Reimbursement News, January 26, 2009

Senators Charles Grassley (R-IA) and Herb Kohl (D-WI) continue to push for national legislation requiring pharmaceutical and medical device companies to disclose payments to physicians.

The senators introduced the Physician Payments Sunshine Act of 2009, which would require pharmaceutical, biologics, and medical device companies to report payments totaling more than $100 annually that they give to physicians, according to a Grassley press release. The new bill is similar to the Physician Payments Sunshine Act of 2007, which Congress failed to vote on, but reduces the threshold for reporting from $500 to $100.

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