PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

E.R. SQUIBB & SONS, L.L.C.

E.R. SQUIBB & SONS, L.L.C. reported $248.4M in payments to physicians and teaching hospitals across 239,594 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for E.R. SQUIBB & SONS, L.L.C.. Ranked #11 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$248.4M

1.9% of all payments

Transactions

239,594

$1.0K avg

Recipients

234,833

$1.1K avg

Industry Rank

#11

of 1,797 companies

What the Data Shows for E.R. SQUIBB & SONS, L.L.C.

In Program Year 2024, E.R. SQUIBB & SONS, L.L.C. reported $248,435,175.37 in payments to 234,833 physicians and teaching hospitals across 239,594 individual transactions — an average of $1.0K per transaction and $1.1K per recipient. That total places E.R. SQUIBB & SONS, L.L.C. at rank #11 out of 1,797 companies in the CMS Open Payments database, representing 1.9% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for E.R. SQUIBB & SONS, L.L.C. spans 12 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Compensation for Services Other Than Consulting" at $12.9M, accounting for 5.2% of the company's reported total and 4,162 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from E.R. SQUIBB & SONS, L.L.C. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 234,833 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

E.R. SQUIBB & SONS, L.L.C. made 12 types of payments. "Compensation for Services Other Than Consulting" accounts for 5.2%.

Compensation for Services Other Than Consulting $12.9M

5.2% · 4,162 transactions

Consulting Fee $7.5M

3.0% · 3,186 transactions

Food and Beverage $5.6M

2.3% · 218,486 transactions

Travel and Lodging $2.5M

1.0% · 6,381 transactions

Space Rental or Facility Fees $526.2K

0.2% · 224 transactions

Royalty or License $501.6K

0.2% · 11 transactions

Grant $497.4K

0.2% · 30 transactions

Education $240.5K

0.1% · 2,309 transactions

Payment Type Amount Transactions
Compensation for Services Other Than Consulting $12.9M 4,162
Consulting Fee $7.5M 3,186
Food and Beverage $5.6M 218,486
Travel and Lodging $2.5M 6,381
Space Rental or Facility Fees $526.2K 224
Royalty or License $501.6K 11
Grant $497.4K 30
Education $240.5K 2,309
Charitable Contribution $101.5K 2
Honoraria $63.4K 18
Compensation for Faculty or Speaker (Medical Education) $15.6K 15
Gift $5.3K 9

Payment Size Analysis

Average transaction size: $1.0K. Average per recipient: $1.1K.

Total Amount

$248,435,175.37

Avg per Transaction

$1.0K

Avg per Recipient

$1.1K

Payment Transparency Context

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.3B

across 1,797 companies

E.R. SQUIBB & SONS, L.L.C. Share

1.9%

#11 by total payments

Frequently Asked Questions

How much did E.R. SQUIBB & SONS, L.L.C. pay to physicians and hospitals in 2024?
E.R. SQUIBB & SONS, L.L.C. made $248,435,175.37 in payments to physicians and hospitals in Program Year 2024, across 239,594 individual transactions. This represents 1.9% of all industry payments reported to CMS Open Payments.
How many physicians received payments from E.R. SQUIBB & SONS, L.L.C.?
E.R. SQUIBB & SONS, L.L.C. made payments to 234,833 physicians and teaching hospitals in 2024. The average payment per recipient was $1.1K.
What types of payments did E.R. SQUIBB & SONS, L.L.C. make?
E.R. SQUIBB & SONS, L.L.C. made 12 different types of payments. The largest category was "Compensation for Services Other Than Consulting" at $12.9M, representing 5.2% of all payments.
How does E.R. SQUIBB & SONS, L.L.C. rank among pharmaceutical companies?
E.R. SQUIBB & SONS, L.L.C. ranks #11 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from E.R. SQUIBB & SONS, L.L.C.?
The average transaction from E.R. SQUIBB & SONS, L.L.C. was $1.0K in 2024. The company made 239,594 total transactions to 234,833 recipients.
Are the top recipients concentrated for E.R. SQUIBB & SONS, L.L.C.?
The top 5 recipients received $0.00 from E.R. SQUIBB & SONS, L.L.C., representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for E.R. SQUIBB & SONS, L.L.C. come from?
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.