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The following types of payments and transfers of value may be included in the Disclosure Report:
Consulting Fees: Fees paid to physicians in compensation for providing bona fide consulting services to Forest. Forest's consulting engagements with healthcare professionals are critical to advancing scientific knowledge and research, and to developing more effective therapies. Consulting services may be provided on an individual basis or through participation in advisory boards or roundtables. Consultants enter into a contracted consulting engagement and are paid a fair market value rate.
Speaking Fees: Fees paid to a physician in compensation for services rendered in connection with presentations at Forest-sponsored peer-to-peer educational programs. Forest believes educational exchanges among peers are critical in disseminating accurate information about our products and improving patient care. Physicians who perform speaking services are compensated at a fair market value rate. Peer-to-peer educational programs sponsored by Forest are promotional in nature and are governed by FDA laws and regulations.
Business Travel Expenses: Costs incurred and expenses paid in connection with business travel by physicians serving as consultants or speakers for Forest, including transportation and lodging. Pursuant to Forest policy, any travel expenses incurred by a consultant or speaker must be reasonable in nature and properly documented.
Educational Items: Items designed primarily for the education of patients or healthcare professionals that comply with the Pharmaceutical Research and Manufacturers of America Code on Interactions with Healthcare Professionals (the "PhRMA Code"). Such items are not of substantial value and are not intended to have value to healthcare professionals outside of their professional responsibilities.
Meals: The estimated value of food or snacks provided to a physician in connection with an educational exchange or presentation relating to Forest products. Forest occasionally provides modest meals and snacks during educational interactions relating to its products in recognition of the fact that physicians have busy schedules that require them to balance patient care and other responsibilities. Pursuant to Forest policy, such food items are provided consistent with the principles in the PhRMA Code. Estimated dollar values for meals are typically calculated by dividing the overall cost of the meal by the number of attendees or participants. The per-capita amount included in the Disclosure Report may or may not be representative of an individual physician's actual consumption.
This category also captures meal costs and expense reimbursements for food consumed by healthcare professionals while performing their duties as a consultant or speaker for Forest. As a result, the reported amount for a particular physician may in some instances reflect both food consumed as an attendee at a Forest-sponsored educational program and food consumed by a consultant or speaker in the course of performing services for Forest.
Research: Funding that supports a physician's independent research intended to expand scientific knowledge relating to an FDA-approved drug or Forest-initiated clinical research. Independent research proposals are unsolicited by Forest and derived from the academic research interests or clinical experience of independent investigators.
Click here to access Forest's Q1 2013 Disclosure Report
Click here to access Forest's 2012 Annual Disclosure Report
Click here to access Forest's Q1 2013 Clinical Research Disclosure Report
Click here to access Forest's 2012 Annual Clinical Research Disclosure Report