The widespread practice of payments for prescriptions, where pharmaceutical companies pay doctors in cash or kind, to generate prescriptions and increase sales, continues unabated, as the government drags its feet to bring in a stringent regulation.A study co-authored by Dr Arun Gadra and Dr Archana Diwate, titled 'Promotional Practices of the Pharmaceutical Industry and Implementation Status of Related Regulatory Codes in India', documents unethical practices and failure of regulations while also offering suggestions to improve the exiting regulatory framework.The study is based on 50 in-depth interviews conducted across six cities, primarily involving medical representatives who are the front-line key persons on the field promoting drugs to doctors.Close It highlights direct deals between pharma companies and doctors, citing some cases, for instance, where pharma companies pay installments on a doctor's car purchase. There were extreme cases, where a few doctors even … [Read more...] about Pharma wrap: Why we need to give teeth to regulation to curb unethical pharma marketing practices
Online doctorates in psychology
In clinics around the world, a type of artificial intelligence called deep learning is starting to supplement or replace humans in common tasks such as analyzing medical images. Already, at Massachusetts General Hospital in Boston, “every one of the 50,000 screening mammograms we do every year is processed through our deep learning model, and that information is provided to the radiologist,” says Constance Lehman, chief of the hospital’s breast imaging division. advertisement advertisement In deep learning, a subset of a type of artificial intelligence called machine learning, computer models essentially teach themselves to make predictions from large sets of data. The raw power of the technology has improved dramatically in recent years, and it’s now used in everything from medical diagnostics to online shopping to autonomous vehicles. But deep learning tools also raise worrying questions because they solve problems in ways that humans can’t … [Read more...] about Machine learning could transform medicine. Should we let it?
Viswanath PillaMoneycontrol News Habil Khorakiwala, chairman of Wockhardt on Thursday welcomed the Union Budget 2018 and its emphasis on healthcare spending.Khorakiwala who heads the Rs 4,000-crore turnover Mumbai-based company which is into pharmaceutical and hospitals, however, expressed apprehension over the government's track record of implementation.Close In an exclusive telephonic interview to Moneycontrol, Khorakiwala gave 6.5 points out of 10 to the Budget, said chronic shortage of medicines, lack of infrastructure and skilled manpower could pose challenge in rolling out the ambitious National Health Protection Scheme (NHPS) that aims to provide Rs 5 lakh health insurance to 10 crore poor families. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap Below are edited excerpts of the interviewWhat is your overall view on the … [Read more...] about Habil Khorakiwala welcomes govt health proposals, but cautions against brouhaha
Vice President M Venkaiah Naidu on December 8, said bringing laws to curb atrocities against women was not the only solution as "political will" and "administrative skills" were required to end the social evil.Referring to recent incidents in Unnao and Hyderabad, Naidu said, "In Indian culture, we treat a woman as a mother, a sister. But what has happened in recent days in certain parts is really shameful and a challenge for all of us. We must vow to ensure this sort of discrimination, these atrocities are stopped immediately."A 23-year-old woman from Uttar Pradesh's Unnao district was set afire by five men, including two of her alleged rapists, on Thursday morning when she was going to Rae Bareli to attend a court hearing. She succumbed to burn injuries on Friday night.Close The incident came days after the gang-rape and murder of a young veterinary doctor in Hyderabad that sparked national outrage. related news Jammu-Srinagar national highway closed for repair work … [Read more...] about New laws not the only solution to curb crime against women: VP Naidu
In this special episode of Moneycontrol's Tech Mate podcast, Corporate Bureau Chief Prince Thomas talks to Tarun Bhatia, MD and Head of South Asia for Business Intelligence and Investigations at Kroll, to understand the motive behind people committing fraud.One of the primary reasons in India, according to Bhatia, is the dissatisfaction of employee at the workplace, and how he/she is treated by a manager, or peer.Close There are several other factors such as greed and position of power that motivate fraud in companies, and some even commit a fraud without really intending to do it. related news The Market Podcast | Red flags on D-Street; investors getting into risk aversion mode Corporate Buzz podcast | Birla warns Vodafone Idea may shut; relief for Yes Bank; auto sales and more Taking Stock: RBI shock hits D-St for second day; Nifty holds 11,900 Tune in to this episode of this special Tech Mate podcast to find out more.You can listen to the previous episode … [Read more...] about MC Special podcast | Greed, revenge or power play: What is the motive behind frauds?