The Transfer of Value
Pharmaceutical companies transferred £259.2 million in non-research payments to UK healthcare professionals and organisations in 2024, with a further £554 million in research funding, totalling £813 million. A BMJ investigation found £156 million paid to NHS trusts between 2015 and 2022 had no public explanation. Over two-thirds of pharmaceutical funding to clinical commissioning groups went undeclared in Freedom of Information investigations.
Consultancy payments comprised over 70% of total value transferred to individual healthcare professionals. The disclosure system remains voluntary and self-regulated through the ABPI Code of Practice. The companies manufacturing the drugs are paying the clinicians who prescribe them, the organisations that commission them and the trusts that administer them.
ABPI Disclosure UK (2024) Annual Transfers of Value Report; Ozieranski P, Mulinari S (2024) BMJ 386:q1559