Dr. Joseph Biederman, a world renowned child psychiatrist, conducted studies that helped fuel a significant increase in prescriptions for powerful anti-psychotic drugs in children to combat pediatric biploar disorder. Diagnosis rates have increased 40 times from 1994 to 2003. A total of 500,000 children or teenagers received at least one prescription for antipsychotic drugs last year.
However, it recently came to light that he failed to disclose receipt of $1.6 million in consulting fees from drug companies over several years.
Needless to say, that's a major conflict of interest.
Some have also called into question the quality of Biederman's research.
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