Pfizer published a list of grants that were given in first quarter 08, this included all charitable and educational grants.
They had announced in March in a letter to Senator Grassley that this was a work in process. This is a growing trend in our industry started by Eli Lilly and is being considered by most of the major pharmaceutical companies.
“We want to bring greater transparency to the way we partner with leading medical, scientific and patient organizations,” said Jeffrey B. Kindler, Chairman and Chief Executive Officer of Pfizer. “Detailing these grants and charitable contributions is an important part of our ongoing transparency drive.”
From first reading of the grants and recipients, these disclosures show just how committed companies are to helping society and include grants for Aids projects in Africa, Malaria Patient Education and Treatment, and a large initiative (approximately 1/3rd of Grant funds) by the California Academy of Family Physicians and others on reducing smoking to improve public health.
If we disclose, perhaps the outside world will better understand the value of what is being done to educate healthcare providers and others and the value to the medical and patient community. Click the link for a full listing of recipients and accompanying press release .