3.9 • 1.5K Ratings
🗓️ 25 February 2020
⏱️ 25 minutes
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0:00.0 | Just a heads up before we begin this episode. The Baron of Botox deals with difficult topics including depression and suicide. |
0:08.0 | It is not recommended for young audiences. |
0:10.0 | Stay tuned to the end of the episode for information on resources for anyone who is suffering from depression or suicidal thoughts. |
0:17.0 | Let's begin the show. Like Big Medical Medical, the Beauty Business has its own insider rewards program. |
0:34.0 | A 2016 study in Jama Dermatology, |
0:38.0 | a monthly peer review journal, |
0:40.0 | found that dermatologists received more than $34 million from industry affiliates in 2014, |
0:46.0 | and that most of this money |
0:48.0 | came from pharmaceutical companies. |
0:50.0 | And the top 10% of dermatologists received 90% of the total payments. |
0:55.0 | When I searched the names of some of Fred's closest colleagues and peers, |
0:59.0 | I find in the past few years annual receipts for anywhere between 4,600 to $132,000 for such things |
1:09.2 | as compt meals, travel, and unspecified consulting fees. |
1:14.0 | When I searched the name Fred Brandt, only one payout from 2014 is listed. |
1:20.0 | $16.78 in food and drink from a company called Valiant Pharmaceuticals. |
1:27.0 | Jonah Shackney, the former CEO of Metisis, who first met Fred in 2005, says his friend was all but impervious to industry |
1:36.4 | perks. |
1:37.4 | I think he was generally suspicious of industry. |
1:39.6 | He knew that he was an enormous customer, maybe the largest in the world, |
1:43.9 | and the most people would feign friendship |
1:46.2 | or try to get his attention and interest |
1:48.4 | to increase their business. |
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