Profession
Slight increase in CME spending forecast for 2007
NEWS IN BRIEF — Posted Oct. 2, 2006
Cutting Edge Information, a research and consulting firm for the pharmaceutical industry, reported in August that industry spending on continuing medical education will increase slightly in 2007 to around $1.15 billion to $1.2 billion, compared to an estimated $1.05 billion in 2006.
According to a survey the firm conducted, 78% of next year's spending is expected to go toward live events, 19% toward developing Internet CME or eCME and 3% toward enduring materials such as courses on CD-ROM.
In 2005, the Accreditation Council for Continuing Medical Education reported commercial spending on CME at $1.11 billion and up to $1.35 billion when including pharmaceutical company spending on advertising and exhibits tied to CME activities.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2006/10/02/prbf1002.htm.