Investment Bank May Drop Physician-Expert Units as Industry-Wide Probe Heats up

The investment bank Leerink Swann may drop its healthcare expert networks, which its clients use to talk with physicians and other experts about prospects for marketing drugs and other health-care initiatives, according to a report by the Wall Street Journal.

Advertisement

In an industry-wide insider-trading investigation, prosecutors have begun examining expert-network firms and others. With that probe, “We think the investor clients are going to really withdraw quite a but” from the company’s healthcare network, said Leerink executive Jeffrey Aroy.

However, it is not clear whether investigators in the insider-trading probe are examining Leerink or its consultants.

Read the Wall Street Journal report on industry relationships.

Physicians’ Links to Devicemakers, Pharma Declined 2004-2009

Trends, Developments and Legal Issues in the Orthopedic and Spine Device Markets

Five Trends and Developments Affecting the Orthopedic and Spine Device Market

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

Advertisement

Comments are closed.