Summit on Disclosure, Transparency and Aggregate Spend for Drug, Device and Biotech Companies 8 MAINE Expenses exempt from disclosure: Expenses of $25 or less per day per HCP/entity Reasonable compensation and reimbursement of expenses associated with a bona fide clinical trial Scholarships/reimbursement of expenses for attendance at a significant medical or scientific conference if the recipient is chosen by the sponsoring association Information must be reported: Date of payment/gift Name, type (clinic, physician) and credentials (MD, DO) of the recipient Nature, purpose and monetary value of the payment/gift A civil penalty of $1000 plus attorneys fees and cost may be imposed for failure to comply
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