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Saturday, November 27, 2010 7:51:44 PM
I hate to say it, Cassandra, but you were fooled by the mention of that Frost & Sullivan award.
Frost & Sullivan is a marketing company that sells awards to companies, as part of its “marketing strategy”.
Here is an example of [one life science company] that refused the award because of deception. Their CEO explained:
“We clearly regard the fact that the publication of obtaining a prize as associated with the costs of the prize winner is ethically questionable.”
What makes this more disturbing for [a medical device maker] is this Frost & Sullivan award is an active, paid for, undisclosed, and unqualified promotion of a medical device, which is likely to violate FDA restrictions on medical product marketing to the public.
AERS bought and paid for that F&S award, probably on a sliding scale fee considering the paucity of funds in the company treasury. MDGC -- can't even afford one IMO!
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