American Association of Clinical Endocrinologists and North American Menopause Society Fail to Disclose Financial Ties to Wyeth Pharmaceuticals
Organizations Support Wyeth Campaign to Eliminate Compounded Hormones
WASHINGTON, Feb. 12 /PRNewswire-USNewswire/ -- The International
Academy of Compounding Pharmacists (IACP) today called on the
American Association of Clinical Endocrinologists (AACE) and the
North American Menopause Society (NAMS) to fully disclose their
financial ties to Wyeth when dispensing advice to patients and
practitioners that directly benefits the pharmaceutical giant. In
recent weeks, AACE, NAMS and other supposedly independent women's
health organizations have voiced public support for Wyeth's
campaign to restrict women's access to compounded, bio-identical
hormones. Unfortunately, these organizations consistently fail to
disclose their financial ties to the drug maker when voicing their
support.
In January 2008, the Food and Drug Administration (FDA)
announced that it will restrict compounded, bio-identical hormones
containing one form of estrogen - estriol. This is something Wyeth
and its surrogates asked for in October 2005. Unfortunately, the
FDA's policy hurts women and helps Wyeth.
As these organizations voice their support for FDA's move, media
and the public should be aware that they receive money from Wyeth.
Some examples of these ties follow, and more can be found at
www.compoundingfacts.org.
North American Menopause Society (NAMS)
On November 15, 2006, Dr. Wulf Utian, executive director of
NAMS, appeared on CNN's Larry King Live to defend Wyeth's position.
Concerning his relationship with Wyeth, Dr. Utian stated: "I am not
funded by Wyeth Pharmaceuticals. I'm not." His declaration is
patently false.
Wyeth endows a $200,000 lectureship fund named for Dr. Utian and
was named a "Partner in Menopause Education" (requiring a
contribution of at least $8,000) for the NAMS' 2007 Annual Meeting.
Additionally, half of NAMS's Board of Trustees for 2007-2008
receives consulting fees or research support from Wyeth, including
Dr. Utian.
American Association of Clinical Endocrinologists
(AACE)
Wyeth has been a corporate partner of AACE since 1993. On its
website, AACE notes that its corporate members' "generous support
and valuable input helps make possible the many educational
programs and activities that AACE provides for its members." Wyeth
is also a regular exhibitor at AACE's Annual Meeting. Wyeth is
among four other pharmaceutical companies that provide significant
financial support for AACE's publications. In addition, one of
AACE's Board Members has received grant/research support from
Wyeth.
For more examples, visit http://www.compoundingfacts.org/.
Source: The International Academy of Compounding Pharmacists (IACP)
CONTACT: Laura Hosny, +1-202-777-3547, lhosny@clsdc.com,
for The
International Academy of Compounding Pharmacists (IACP)
Web Site: http://www.compoundingfacts.org/
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