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www.fdanews.com/articles/122826-lack-of-financial-disclosure-weakens-device-ethics-code

Lack of Financial Disclosure Weakens Device Ethics Code

December 9, 2009
Adopting AdvaMed’s code of ethics is a good first step, but devicemakers need to address financial conflicts of interest with physicians to avoid legal action. “On the enforcement side, I haven’t seen a large impact” from AdvaMed’s code, Kirk Ogrosky, deputy chief of the Justice Department’s Fraud Section, Criminal Division, said. However, companies will benefit from adopting it. “Our efforts tend to look at adoption as a good first step and outward sign,” he said.
Devices & Diagnostics Letter