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Drugs / Senate / Iowa Corp. #5534

ABC Evening News for Tuesday, May 06, 1969
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(Studio) Senator Sub. Committee hears testimony that misleading advertisingcauses doctors to prescribe dangerous drug combinations. Concern in Iowa over relations between doctors and drugs they prescribe.
REPORTER: Howard K. Smith

(Des Moines, Iowa) 1 billion prescriptions given last year 60 physicians have financial interest in drug business Doctors control Woodland Holding Corp., which owns and runs 2 major drug wholesale hses. Under name of P.D.Q. of American, Corporation franchises 9 retail drug stores and plans to expand nationwide. Plans to include hotel chain. [Iowa Pharmaceutical Association Robert GIBBS - feel there's conflict of interest.] [Dr. John GUSTAFSON - sees no ethical conflict. Seems logical doctors get into other business they know something about.] [GIBBS - cites danger of directing patients to place doctgor may have interest in. ] [GUSTAFSON - says uncommon for doctor to refer patient to drugstore.] [GIBBS - has reservations about practice.] [GUSTAFSON - cites benefit to patient and consumer unless doctor exploits patient.] Chairperson Antitrust and Monopoly Sub. Committee, Senator Philip Hart, says they'll look into Iowa situation.
REPORTER: Howard Tuckner

Reporter(s):
Smith, Howard K.;
Tuckner, Howard
Duration:
00:02:50

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