In the chart below, I plotted the Growth vs. Decline of Pharma CME Support from 1999 through 2014. I include monies paid for advertising and exhibits at CME events and assume 100% of this activity comes from manufacturers (drugs and devices). Based on this, the drug and device industry support for CME has increased by about 3% in 2014 vs. 2013 ($1.031 Bn vs. $1.00 Bn).
Click on image for an enlarged view. |
Even though the data suggest that pharma's support of CME took a nose dive from 2008 through 2012, CME income from "other" sources took up the slack and then some beginning around 2010-2011. Total CME income increased 13.6% from 2011 through 2014, whereas drug industry support dropped about 3% during that time.
Where did this extra money from "other" sources come from?
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