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White Guide and Orange Guide Formatting Project - Pfizer

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<strong>Orange</strong> <strong>Guide</strong> – Chapter 7: P&T Committee Interactions<br />

Chapter 7: P&T COMMITTEE INTERACTIONS<br />

P&T Committees<br />

Many healthcare organizations, such as hospitals, state Medicaid agencies, <strong>and</strong> managed care<br />

organizations, maintain lists of preferred drugs that can be prescribed by healthcare professionals<br />

(HCPs) within the organization or that are eligible for reimbursement by the organization. These lists<br />

are commonly called formularies. The Pharmacy <strong>and</strong> Therapeutics (P&T) Committee of an<br />

organization decides which pharmaceutical products are included on the formulary.<br />

Pharmacy & Therapeutics (P&T) Committee: the committee within an institution or managed care<br />

organization that decides which pharmaceutical products are included on the formulary.<br />

P&T Committees typically make formulary decisions based upon assessments of safety, efficacy,<br />

tolerability <strong>and</strong>, increasingly, cost-effectiveness. In some cases, organizations with P&T Committees<br />

may be acting on behalf of Medicaid, Medicare Part D or other government healthcare programs. P&T<br />

Committee members are charged with an important responsibility <strong>and</strong> therefore are expected to avoid<br />

both actual <strong>and</strong> perceived conflicts of interest when making formulary decisions. It is <strong>Pfizer</strong> policy not<br />

to engage in any activity that could be construed as improperly influencing the independent judgment<br />

of a P&T Committee member. In fact, consistent with the Pharmaceutical Research <strong>and</strong> Manufacturers<br />

of America (PhRMA) Code on Interactions with Healthcare Professionals (“PhRMA Code”), any HCPs<br />

hired by <strong>Pfizer</strong> as speakers or consultants who also serve as members of a P&T Committee must<br />

disclose to the Committee the existence <strong>and</strong> nature of his or her relationship with <strong>Pfizer</strong>. This<br />

requirement should generally extend for at least two years beyond the termination of any speaker or<br />

consulting arrangement.<br />

Non-compliance with these policies puts the Company at risk <strong>and</strong> can subject colleagues to<br />

disciplinary action up to <strong>and</strong> including termination.<br />

124<br />

Rev. 09/12<br />

Page 2 of 11

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