David Heath, along with fellow reporter Luke Timmerman, wrote the story that won two awards for The Seattle Times. "Drug researchers leak secrets to Wall St.," published last August, exposed a Wall Street practice of paying medical researchers for details on potential drugs to get an investment edge. The article received the Scripps Howard Foundation's 2005 National Journalism Award for Business/Economics Reporting, which included the William Brewster Styles award and a cash prize of $10,000. The award was presented April 21st at the National Press Club in Washington, D.C..
The Society of American Business Writers and Editors also gave The Seattle Times its Best in Business projects award in the large newspaper category for the story. Winners were honored in a ceremony held April 30th in St. Paul, Minnesota.
Heath and Timmerman's story, which exposed 26 cases of doctors breaking confidentiality agreements, has led to Securities and Exchange Commission investigations and a crackdown by the Association of American Medical Colleges to "scrupulously honor" confidentiality.
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|Title Annotation:||awarded for the story 'Drug researchers leak secrets to Wall St.'|
|Article Type:||Brief article|
|Date:||Jun 22, 2006|
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