The pharma-sponsored presentation is a time-honored tradition. Usually held at an upscale restaurant in the evening, the well-paid speaker goes through "the drill" about the product. Slides (and their great graphics) provided by the manufacturer of course.
Years ago being a drug company speaker was a pretty good gig. The presenter was expected to more or less stick to the script, but back then there was a fair amount of leeway and speakers often made the subject more lively by inserting anecdotes or clinical "pearls" from their own experience. Sadly that's no longer allowed to happen.
In the 90's and early 00's intermittent I was a speaker for several pharma companies. Besides the pay it was a lot of fun interacting with colleagues, and getting to be the "expert" on the drug. There were other benefits too, paid travel to speaker and consultant meetings at venues I'd never be able to afford to frequent on my own.
But those days are gone forever. In the current environment the pharma companies don't even hand out ballpoint pens anymore, let alone put speakers up at 5-star resorts.
Haven't worked for any of the firms for nearly 15 years. It's a very different thing now. Once in a great while I'll still attend a dinner presentation, but mostly it's a waste of time.
The drug companies have become virtually paranoid about incurring regulatory or public scorn. Speakers are strictly constrained to say only what's FDA approved, the same info provided in the package insert which I can easily read on my own (and most of the time I already have read it). Why bother going over it again?
So I suspect if companies are terminating speaker programs it's because attendance has fallen off even when "high profile leaders" are presenting. Kind of a shame to see traditions fade away, but the message is clear, "drug dinners" and other ways to market pharmaceuticals will soon be relegated to the dustbin of history.
The drug companies have become virtually paranoid about incurring regulatory or public scorn.
Thanks for sharing your experience. I'm only familiar with how it is today and yes, companies are absolutely paranoid about following the rules (which is a good thing). Not that surprising considering some of the monster fines these companies have paid.
Years ago being a drug company speaker was a pretty good gig. The presenter was expected to more or less stick to the script, but back then there was a fair amount of leeway and speakers often made the subject more lively by inserting anecdotes or clinical "pearls" from their own experience. Sadly that's no longer allowed to happen.
In the 90's and early 00's intermittent I was a speaker for several pharma companies. Besides the pay it was a lot of fun interacting with colleagues, and getting to be the "expert" on the drug. There were other benefits too, paid travel to speaker and consultant meetings at venues I'd never be able to afford to frequent on my own.
But those days are gone forever. In the current environment the pharma companies don't even hand out ballpoint pens anymore, let alone put speakers up at 5-star resorts.
Haven't worked for any of the firms for nearly 15 years. It's a very different thing now. Once in a great while I'll still attend a dinner presentation, but mostly it's a waste of time.
The drug companies have become virtually paranoid about incurring regulatory or public scorn. Speakers are strictly constrained to say only what's FDA approved, the same info provided in the package insert which I can easily read on my own (and most of the time I already have read it). Why bother going over it again?
So I suspect if companies are terminating speaker programs it's because attendance has fallen off even when "high profile leaders" are presenting. Kind of a shame to see traditions fade away, but the message is clear, "drug dinners" and other ways to market pharmaceuticals will soon be relegated to the dustbin of history.