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Last Updated: Oct 6, 2008 - 12:00:27 PM |
When George H. Simmons began in 1899 what became a twenty-five-year
reign as head of the AMA, it was a weak organization with little money
and little respect from the general public. The advertising revenue
from the medical journal was a paltry $34,000 per year. Simmons came up
with the idea to transform the AMA into a big business by granting the
AMA's "seal of approval" to certain drug companies that placed large
and frequent ads in
JAMA and its various affiliate publications. By 1903, advertising revenue increased substantially, to $89,000, and by 1909,
JAMA was making $150,000 per year. In 1900, the AMA had only 8,000 members, but by 1910, it had more than 70,000.
Read the whole article at http://www.alternet.org/healthwellness/81659?page=entire
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