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Major Physician Group Issues Statement in Support of Physician/Industry Relationships
Date:5/15/2009

HOUSTON, May 15 /PRNewswire-USNewswire/ -- The American Association of Clinical Endocrinologists and the American College of Endocrinology (AACE and ACE) today released a Position Statement on Physician/Industry Relationships. The position is a strong statement in support of continuing the beneficial and ethical collaboration between physicians and industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090324/DC88061LOGO-b)

The statement, shown below in its entirety, was released at the AACE 18th Annual Meeting and Clinical Congress in Houston.

"The American Association of Clinical Endocrinologists and The American College of Endocrinology (AACE and ACE) believe that interaction between physicians and industry has contributed to safe, effective, and value- oriented health care. AACE and ACE affirm that relationships between physicians and industry have been overwhelmingly consistent with ethical standards and responsive to the needs of patients.

There is no inherent conflict of interest in the working relationship of physicians with industry and government. Rather, there is a commonality of interest that is healthy, desirable, and beneficial. The collaborative and constructive relationship among physicians, government, and industry has resulted in many medical advancements and improved health outcomes.

Since their inception, AACE and ACE have formulated policies and procedures to guide the conduct of the organizations and their members in cooperative interactions with industry and with government. These policies are continually being updated to reflect the changing practice and health care environment. AACE and ACE are committed to preserving relationships, including those with industry and with government, that contribute to the fulfillment of their basic mission
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SOURCE American Association of Clinical Endocrinologists
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