Subscribe to Updates in Legal, Economic & Regulatory Affairs

RSS By Email

RSS By RSS

Add to Google Reader or Homepage

Subscribe in Bloglines


The Expertise Imperative and Compliance Technology
Access to a diverse array of specialized expert inputs drives superior decisions in every organizational context: within corporations, by investors and consultancies, and within nonprofits. When decision makers are confident of their decision inputs, they can respond more quickly and creatively to challenges and opportunities.


This page may include content provided by Council Members, your access to which is subject to the Terms of Use.
Find Out More

May 8, 2008

Will The New Push To Limit DTC Advertising Advance?

Analysis of: New Rules on Drug Ads Sought | online.wsj.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Jeff Stier, Associate Director, American Council on Science and HealthJeff Stier 
Associate Director, American Council on Science and Health
Implications: Billions of dollars in pharmaceutical revenue, a large chunk of the advertising industry, and public health implications are at stake as Congress once again considers stricter limits on direct to consumer (DTC) advertising.

Analysis: Will those in Congress wanting further restrictions on DTC advertising get their way? It depends on whether others consider current  legislation sufficient.  DTC advertising is already highly regulated and many recognize the need to weigh the benefits of increased consumer awareness against the need to ensure responsible marketing.

In an effort to tighten regulation, Rep. Stupak will attempt to highlight instances where FDA's application of current regulations were lax and where pharmaceutical marketers pushed the envelope on acceptable advertising. Is new legislation needed? Or instead, is FDA's application of the current regulatory framework too lax. Or is the status quo the right balance?

While it is unlikely that Congress will pass legislation placing further limitations on DTC advertising, the hearings will in fact have some impact  advertising by serving as a warning to FDA and industry: reign in the most aggressive advertising or face increasing odds of tougher legislation.



Report a Concern

GLG News: What Experts Think Is Important





Analytics