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ESG News Review 5 – 11 April 2014

Baxter International appeared among the most praised companies last week, as it was recognized for safety performance in China when it received the Guangzhou Economic and Technological Development District’s (GETDD) 2013 Excellent Safety Culture Company Award for dedication to creating…

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ESG News Review 17 — 23 August 2013

Staples Inc. was the most praised company last week after announcing that it recycled 350 million ink and toner cartridges since 2005. Another retailer, Wal-Mart, also received mostly positive coverage for its "made-in-America" campaign promoting the creation of more manufacturing…

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Pharma Reputations: Managing Perceptions

Geneva-based Covalence, a company that markets the information system, EthicalQuote, has observed that pharma is not keeping pace with other industries in terms of the overall balance of global good and bad news coverage in four broad ethical areas: labour…

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Drug Firms Say They’ll Take Closer Look at the Docs They Pay

Several of the nation's largest pharmaceutical companies said they plan to tighten screening of physicians who promote their drugs after ProPublica reported last month that more than 250 of them had been sanctioned for misconduct. Eli Lilly and Co. said…

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Eli Lilly Adds Support for Drug Transparency Laws

Amid increasing governmental and professional concerns about payments to physicians by pharmaceutical companies, major drug manufacturer Eli Lilly announced its support for legislation to increase public trust in the healthcare industry. Independent studies have shown a significant financial link between…

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The Burden of Innovation – Covalence Pharmaceutical Industry Report 2007

Pharmaceutical companies carry increasing ethical risks related to innovation, states a report released on 29 August 2007 by Geneva-based ethical reputation research firm Covalence, Covalence Pharmaceutical Industry Report 2007. These innovation-related risks deal with intellectual property rights, drug pricing, clinical…

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After Sanctions, Doctors Get Drug Company Pay

A decade ago the Minnesota Board of Medical Practice accused Dr. Faruk Abuzzahab of a “reckless, if not willful, disregard” for the welfare of 46 patients, 5 of whom died in his care or shortly afterward. The board suspended his…

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