The Avandia hearings: "Do you have a concern about drug stock devaluation in reaction to your report?"

June 7, 2007

The committee tries to attack Steven Nissen with some laughable questions:

Congressman Chris Cannon, Utah (R-Utah) tried to make Nissen cry about all the money pharma companies lose when the public hears bad news about drugs or the industry — in other words, he thought the messenger, not the message should be blamed.

The congressman, in fact, went all the way back to the Clinton era to make his point — which seems to be “loose lips sink drug ships.”

“Do you have a concern about drug stock devaluation in reaction to your report?” he asked Nissen.

Nissen stuck to his guns and encouraged everyone to read what he said, because he was very measured and took into account the effect it might have on patients. Besides, said Nissen, “I don’t follow waht [sic] stocks are doing.”



Related posts:

  1. Physician versus stock broker, redux
  2. House Passes Prescription Drug Imports Bill
  3. Avandia: Nissen and the media gets taken apart
  4. Avandia and the Nissen study
  5. Avandia: Malpractice by the NEJM?
  6. Defensive medicine op-ed reaction
  7. Do physician report cards harm patients?


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{ 1 comment }

1 Mike June 7, 2007 at 11:02 am

That makes a lot of sense. Ataack Dr Nissen for PERFORMING A META ANALYSIS!!! I didnt realize that was a crime to be sorted out before Congress. Blame the NEJM for publishing it if you dont like it’s effect on the stock market.

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