Paid pharma/marketing dinners and events

[osprey099]

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Does anyone know of research groups or marketing companies that offer compensation for attending dinner discussions for treating certain cancers? A partner at my group pulled me into a dinner the other day where we got paid $500 to drink wine and eat steak while listening about advances in myeloma treatments for 2 hours. How do I infiltrate into these events and find out what companies host these paid dinners/sometimes virtual discussions?

 

[whoknows2012]

Curio science does these. I get about 3-4 invites a months. About 5-6 x per year I get the “travel to conference in city x” emails where they pay double or even more. I never go and they’re not worth my time but I know others that go regularly

 

[osprey099]

Curio science does these. I get about 3-4 invites a months. About 5-6 x per year I get the “travel to conference in city x” emails where they pay double or even more. I never go and they’re not worth my time but I know others that go regularly

How do you get on those email invites? Do you just have to attend one and then you're in the loop?

 

[brentux1985]

How do you get on those email invites?

Get to the know the drug reps / do a few surveys
Honestly it's hard not to get invited to them.

As a poor fellow they were great, but the time / $$ ratio often is not worth it.

 

[Ubba]

Doesn't there come a point in life when this becomes more of a chore than a pleasure? Unless you really want an excuse to get away from your family for an evening, being paid 250/hr is often way less than you'd make in clinic, and nodding my head for 2 hours straight listening to a talk about the latest bispecific sounds painful.

Even as a mere fellow, I wouldn't even consider going to something that's simply a free dinner. Time is too valuable, and I can cook myself a steak in 10 minutes at home.

 

[osprey099]

Doesn't there come a point in life when this becomes more of a chore than a pleasure? Unless you really want an excuse to get away from your family for an evening, being paid 250/hr is often way less than you'd make in clinic, and nodding my head for 2 hours straight listening to a talk about the latest bispecific sounds painful.

Even as a mere fellow, I wouldn't even consider going to something that's simply a free dinner. Time is too valuable, and I can cook myself a steak in 10 minutes at home.

I'm not sure if I'll do the live dinner events. Maybe more for developing connections/networking with the other local oncs rather than for the money. But the virtual events are free money to me. I have it running on one screen with webcam on and on the other screen, I am (pre)writing my notes/preparing for tomorrows clinic. That time preparing for clinic is gonna be spent anyways; I might as well get paid for it 😀

 

[randomhemoncpd]

I'm not sure if I'll do the live dinner events. Maybe more for developing connections/networking with the other local oncs rather than for the money. But the virtual events are free money to me. I have it running on one screen with webcam on and on the other screen, I am (pre)writing my notes/preparing for tomorrows clinic. That time preparing for clinic is gonna be spent anyways; I might as well get paid for it 😀

This is the way

 

[dozitgetchahi]

I'm not sure if I'll do the live dinner events. Maybe more for developing connections/networking with the other local oncs rather than for the money. But the virtual events are free money to me. I have it running on one screen with webcam on and on the other screen, I am (pre)writing my notes/preparing for tomorrows clinic. That time preparing for clinic is gonna be spent anyways; I might as well get paid for it 😀

They actually pay you guys money in onc to go to this stuff?

In rheumatology we get the meal - that’s it. And I agree that it wasn’t even worth the time it took back as a fellow to go to that stuff.

 

[osprey099]

They actually pay you guys money in onc to go to this stuff?

In rheumatology we get the meal - that’s it. And I agree that it wasn’t even worth the time it took back as a fellow to go to that stuff.

Yes usually around $500 for a 2hr dinner or virtual "dinner." I'm still just an employee at my private practice so I need the money since I'm not making the big bucks. But none of the partners in my group go. It's not worth their time apparently

 

[whoknows2012]

Yes usually around $500 for a 2hr dinner or virtual "dinner." I'm still just an employee at my private practice so I need the money since I'm not making the big bucks. But none of the partners in my group go. It's not worth their time apparently

The bigger money is made doing investor meetings and 1hr consultations through 3rd parties ie glg or guidepoint (or if you’re good enough and well known enough on your own) for between 500-2000$/hr.

 

[osprey099]

The bigger money is made doing investor meetings and 1hr consultations through 3rd parties ie glg or guidepoint (or if you’re good enough and well known enough on your own) for between 500-2000$/hr.

As a community doc in private practice with zero interest in doing research or publications and who makes bulk of money between seeing patients and wheeling and dealing chemo, what you described sounds like too much work for me.

 

[whoknows2012]

As a community doc in private practice with zero interest in doing research or publications and who makes bulk of money between seeing patients and wheeling and dealing chemo, what you described sounds like too much work for me.

Makes sense

 

[randomhemoncpd]

Makes sense

Yeah this is more of a thing for academic specialists. One of the unwritten rules of academic oncology is that drug talks, advisory boards, etc. are part of the compensation, and I've known colleagues who make 100-200k extra (or more!) because of these. Drug talks are in the 3000-5000 range (but can be much more if you have to travel), advisory boards are typically 500-1000/hr (and ran many hours). For us academics it's generally worth the hassle, but if you're a private practice partner pushing a million a year already, it may not be worth your time.

 

[whoknows2012]

Yeah this is more of a thing for academic specialists. One of the unwritten rules of academic oncology is that drug talks, advisory boards, etc. are part of the compensation, and I've known colleagues who make 100-200k extra (or more!) because of these. Drug talks are in the 3000-5000 range (but can be much more if you have to travel), advisory boards are typically 500-1000/hr (and ran many hours). For us academics it's generally worth the hassle, but if you're a private practice partner pushing a million a year already, it may not be worth your time.

Agree. I have a friend at another institution clear over 300k (probably closer to 500 than 300). I don’t do quite that well but add about 20% of total compensation on top for these

 

[Ubba]

Wow. I have a sudden inexplicable interest in running a fellows' clinic.

 

[HemeOncHopeful19]

Wow. I have a sudden inexplicable interest in running a fellows' clinic.

I wanna be on this advisory board, I’m not sure what advice they need but I can spit some out!