95% of N.J. docs who receive $ from Big Pharma are NOT identified! | Pharmaguy's Insights Into Drug Industry News | Scoop.it

New Jersey physicians and teaching hospitals received at least $20 million dollars from pharmaceutical companies, according to Open Payment, the federal government's new website.


The largest payment was the $2,694,286 given by Princeton-based Otsuka America Pharmaceutical Inc to 24 unidentified physicians. Bristol-Myers Squibb Co. gave 35 unidentified recipients $2,007,857.


The new federal website is designed to give patients insight into the financial ties their physicians may have with pharmaceutical companies.


Yet, in New Jersey, roughly 95 percent of the total money donated went to recipients who were not identified in the report, a provision allowed by regulations whenever the accuracy of a payment is in dispute.