Disclosure of Corporate Ties Affecting Formulary Choices and Drug Substitution

The Academy supports full disclosure to physicians and patients of corporate ties and financial relationships between pharmaceutical manufacturers, mail order pharmacies, pharmacy benefit management (PBM) entities and pharmacists. Additionally, formulary decisions and “drug switching” should not be based principally on economic considerations, but on evidence-based therapeutic and quality of care considerations, to promote optimal patient care. (1998) ((2010 COD)