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In the wake of several scandals related to industry-sponsored clinical trials tainted by shoddy practices and incomplete disclosure, these prominent publications are acting to save their long-standing reputations in the world of science and medicine. While Merck's handling of the VIGOR trial data was appalling, Merck is by no means alone in improperly dealing with clinical trial risk data. Baycol', Rezulin', Accutane', Paxil' and PPA are just a few of the litigations where plaintiffs have focused on incomplete and slow disclosure of clinical trial data to both the Food and Drug Administration ('FDA') and publications. Recently yet another scandal has developed regarding the clinical trials for the antibiotic Ketek'. Through investigative work by The Wall Street Journal, it came to light that Sanofi-Aventis may have allowed clinical trials of Ketek to be severely undermined by the very doctors hired to conduct the study (The Wall Street Journal, May 1, 2006). The allegations in the Ketek scandal are so sordid it seems like they could fill the plot of some daytime television soap, except that real people have died as a result of this clinical trial disaster.
The NEJM and JAMA are not alone in their frustration with pharmaceutical companies being less than truthful about their clinical trials. The International Committee of Medical Journal Editors ('ICMJE') has mandated that its journals will not publish results from any trials that are not appropriately registered in Clinical Trials.gov or another registry. This type of full disclosure for NEJM, JAMA, and their fellow publications is viewed as a necessary step to creating more transparency in the world of big pharmaceuticals and as a way of protecting the integrity of the medical establishment. It also safeguards the lives of patients seeking enrollment in the studies and the patients who might ultimately use the medication being studied. An editorial in the NEJM, commenting on why full disclosure of clinical trials is necessary for publication in the journal, stated that full disclosure made 'moral sense.' As NEJM succinctly stated, 'When patients put themselves at risk to participate in clinical trials, they do so with the tacit understanding that their risk is part of the public record, not merely the secret record of the sponsor.' (NEJM, Dec. 29, 2005). In clinical trials, patients know there is some potential for risk; however, the average doctor who reads these publications relies upon the truth of their contents to prescribe medications to his or her patients. Doctors and patients alike deserve to know the truth, the whole truth, and nothing but the truth.
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.