How Do We Manage Significant Conflicts of Interest?
All financial interests or relationships related to your research must be disclosed in accordance with University and/or School policy.
Please note that the school of medicine requires disclosure of any financial interest or relationship, regardless of the dollar amount, which is different than the university policy followed by other schools.
Any income over $10,000, or stock or stock options valued at over $10,000 or 0.5% of the total value of a publicly traded company, or stock options or promises of stock in any amount in a private company, are deemed significant financial interests.
These must be evaluated in light of the research, the financial relationships and eliminated, mitigated or managed. Strategies for doing this include:
- require disclosure of the financial interest in publications and public discussions of the research;
- modify the research plan;
- disqualify a participant from all or a portion of the project;
- require severance of a relationship;
- require divestiture of a financial interest;
- exclude intellectual property from being licensed to a company in which there is a financial interest;
- manage the conflict through an oversight committee; and/or
- other strategies, as deemed appropriate
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