New Jersey Attorney General Recommends New Physician Gift Ban and Conflict of Interest Regulations

On December 3, 2009, the New Jersey Attorney General released a report entitled “Report on Physician Compensation” (the “Report”) authored by the Division of Consumer Affairs. The Report recommends the drafting of regulations governing the financial relationships between physicians and pharmaceutical and device manufacturers. The proposed regulations would ban physicians from accepting certain gifts, meals, fees, or travel expenses from any pharmaceutical or medical device manufacturer. In addition, the proposed regulations would require physicians to publicly disclose any consulting fees, honoraria or funding for research or education in amounts of $200 or more.

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