Capital, Profession and Medical Technology: The Electro-Therapeutic Institutes and the Royal College of Physicians, 1888-1922

Abstract

That it is undesirable that any Fellow or Member of the College should be officially connected with any Company having for its object the treatment of disease for profit. (Resolution of the Royal College of Physicians of London, 25 Oct. 1888.) That subject to the general provisions of Bye-law 190 the College desires so to interpret its Bye-law, Regulations, and Resolutions, as no longer to prohibit the official connection of Fellows and Members with medical institutes, though financed by a company, provided there be no other financial relation than the acceptance of a fixed salary or of fees for medical attendance on a fixed scale, irrespective of the total amount of the profits of the Company. (Resolution of the Royal College of Physicians of London, 1922, replacing the Resolution of 1888.) No Fellow or Member of the College shall be engaged in trade, or dispense medicines, or make any engagement with a Pharmacist [altered from Chemist] or any other person for the supply of medicines, or practise Medicine or Surgery in partnership, by deed or otherwise, or be a party to the transfer of patients or of the goodwill of a practice to or from himself for any pecuniary consideration. (Bye-law 178 of the Royal College of Physicians of London, 1922, alterations in italics.)1.