Doctors rebuff charges against Cardiologist Dr Ashok Seth

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New Delhi: One of the top Cardiologists in the country has found himself mired in controversy, after media reports alleging conflict of interest, in him being a shareholder of a medical device company came into light.
Media Reports based on the recently released Paradise Papers (including the electronic documents relating to offshore investment 714 Indian individuals and companies) alleged that Dr Seth promoted stents of Biosensors International to his patients despite being a shareholder of the company. Business Standard reports that Dr Seth had bought shares in Biosensors International which he had sold before the company listed in the Singapore bourses.
Refuting the media allegations Dr Seth as come forward stating that he did not use Biosensors’ devices when he was a shareholder in the company.
Fortis Healthcare also confirmed that Dr Seth did not promote the device in question. “Dr Ashok Seth is an eminent cardiologist and a valuable member of Fortis organisation. We believe that he has always acted in the best interest of the patients and has practised in accordance with the law and commonly accepted medical guidelines. We do not see a conflict of interest or lack of ethics as he neither promoted the stents nor influenced any decision process regarding purchase of such stents,” stated the email statement by Fortis.
Media Reports based on the recently released Paradise Papers (including the electronic documents relating to offshore investment 714 Indian individuals and companies) alleged that Dr Seth promoted stents of Biosensors International to his patients despite being a shareholder of the company. Business Standard reports that Dr Seth had bought shares in Biosensors International which he had sold before the company listed in the Singapore bourses.
Refuting the media allegations Dr Seth as come forward stating that he did not use Biosensors’ devices when he was a shareholder in the company.
Fortis Healthcare also confirmed that Dr Seth did not promote the device in question. “Dr Ashok Seth is an eminent cardiologist and a valuable member of Fortis organisation. We believe that he has always acted in the best interest of the patients and has practised in accordance with the law and commonly accepted medical guidelines. We do not see a conflict of interest or lack of ethics as he neither promoted the stents nor influenced any decision process regarding purchase of such stents,” stated the email statement by Fortis.
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