Common use of Transparency Reporting Clause in Contracts

Transparency Reporting. Any payment or benefit provided to a healthcare professional or a teaching institution directly or indirectly on behalf of Sponsor must comply with (a) the policy and law for the country, region or state in which the healthcare professional/teaching institution resides and/or practices medicine, and (b) the specific requirements of any governmental agency which requires Sponsor to publicly report certain payments and benefits.

Transparency Reporting. Any payment or benefit provided to a healthcare professional or a teaching institution directly or indirectly on behalf of Sponsor must comply with (a) the policy and law for the country, region or state in which the healthcare professional/teaching institution resides and/or practices medicinemedicine , and (b) the specific requirements of any governmental agency which requires Sponsor to publicly report certain payments and benefits.