| |
V. Conflict of Interest
-
Current Policies, Laws, and Regulations
-
State laws and regulations governing private-sponsored
grants, contracts, and gifts
-
define financial interest as one or more of
the following held in the company sponsoring
the grant or other activity in the previous
12 months by the employee or employee's spouse
or dependent children:
- income exceeding $250
- direct or indirect equity interest exceeding
$1,000 or 10%, whichever is lower
- received or promised gifts aggregating $300
or more in value
- a director, officer, partner, trustee, employee,
or holder of a management position
-
require that
- the employee identified as "principal
investigator" disclose financial interests
that the employee,
- employee's spouse, and/or employee's dependent
children have with the private sponsor or donor;
- the University conduct an independent substantive
review of such disclosures to determine if the
financial interest might reasonably appear to
be affected by the sponsored project.
- if the principal investigator has a financial
interest that exceeds any of the standards in
V.A.1.a. above, the University either manage
or eliminate the conflict.
-
Federal regulations governing NIH and NSF sponsored
projects
-
define significant financial interest as anything
of monetary value held or received by the employee
or the employee's spouse or dependent children
in the past 12 months, including but not limited
to:
- income from a single business exceeding $10,000
in one year
- equity interest exceeding 5% ownership interest
or $10,000 in value
- a management position such as board member,
director, officer, partner, or trustee
- intellectual property interest held on a
patent, patent application, or a copyright of
software assigned to a party other than UC
-
define relatedness as being "when the
work to be performed under the sponsored project
and the results of the work would reasonably
appear to affect the investigator's significant
financial interests."
-
require that
- University employees responsible for the
design, conduct, or reporting of NIH or NSF
sponsored projects disclose significant personal
financial interests related to the projects;
- the University conduct an independent substantive
review of such disclosures to determine if the
interest might reasonably appear to be directly
and significantly affected by the sponsored
project; and;
- if a researcher on the project has a financial
interest that exceeds any of the standards in
V.A.2.a. above, the University either manage,
reduce, or eliminate the conflict.
-
The Federal Food and Drug Administration has
numerous regulations regarding clinical trials
and these must be rigorously adhered to.
-
Other California Law:
-
requires that all University employees and
officers disqualify themselves from participating
in a University decision when a financial conflict
of interest is present;
-
does not permit University employees to receive
personal gifts and gratuities which aggregate
to $300 or more in a 12-month period from a
single person or organization engaged in business
transactions with the University.
-
Other University of California Policy:
-
prohibits the purchase of goods or services
from a University Officer, employee, or near
relative unless a specific determination is
made that the goods or services are not available
otherwise;
-
requires officers and employees to avoid the
appearance of favoritism in all of their dealings
on behalf of the University;
-
does not permit University facilities to be
used for tests, studies, and investigations
of a purely commercial character, except when
it is shown conclusively that satisfactory facilities
for such services do not exist elsewhere; (Regulation
No. 4);
-
requires that employees who receive any part
of their salary through the University, or whose
activities use any University resources or facilities,
submit their proposals for extramural support
through the University, and that awards be made
to The Regents.
-
Committee Recommendations to Help Clarify
or Modify Current UC and UCSD Policies and Practices
-
Definition
Significant Financial Interest is defined in
this report as one or more of the following held
or received in the previous 12 months by the
researcher or the researcher's spouse or dependent
children:
- annual income in excess of $10,000 from a
company
- equity interest of more than 5% or $10,000
in a company
- management responsibility in a company
This threshold is used in the recommendations
in this report unless stated otherwise.
-
University Projects Sponsored by Private Companies
-
For UCSD researchers serving as Principal
Investigators on contracts, grants, and gifts
from private companies, the disclosure limits
are outlined in V.A.1. Above While all disclosures
will be reviewed by the University, it is of
special concern when a UCSD researcher has a
Significant Financial Interest. The University
will not accept contracts, grants, and gifts
when one or both of these amounts are exceeded
or a management position is held. However, the
University may decide to make an exception if
warranted by the facts and circumstances. In
making such a decision, the University will
be guided by the principles for UCSD-industry
interactions given in Section III of this report
and consider factors which include but are not
limited to the following:
- relationship of the project to the teaching,
research, and public service mission of the
University of California;
- expected benefit to UCSD and the public;
- nature and extent of the researcher's involvement
with the company, including the amount of equity,
annual income, and management responsibility
of researcher, researcher's spouse, and the
researcher's dependent children in the company;
- nature and extent of student involvement
in the proposed UCSD project and with the company,
and the positive and negative contributions
to the student's educational program and timely
progress to the degree;
- nature and extent of involvement by postdocs
and other UCSD employees (both academic and
staff) in the proposed UCSD project and with
the company;
- ability of the University to supervise the
activity and manage the conflict.
If approved, the University may require one
or more of the following management strategies:
supervision by an ad-hoc committee, notification
to the company regarding the conflict and limitations,
disclosure of the relationship on all publications
and public presentations (including oral and
poster presentations at meetings), divestment
of equity to a manageable amount, appointment
of another PI to the project, suspending work
at the company while working on the project,
and other strategies that may be deemed appropriate.
-
A researcher who is working on a research
project sponsored by the Industry-University
Cooperative Research Program, or other UC grant
programs with significant industry participation,
or on a research project sponsored by a company
with federal SBIR or STTR funds may not have
a Significant Financial Interest in any companies
that are partners in the project. The University
may consider exceptions to this rule after review
of the principles for University interactions
with Industry and the factors in V.B.2.a. Above
-
A UCSD researcher may not conduct clinical
trials at UCSD—or serve on a committee
overseeing the conduct of such trials—which
are funded by a company in which the researcher
(or immediate family member) has a Significant
Financial Interest. The University may consider
exceptions to this rule after review of the
principles for UCSD-industry interactions, the
factors in V.B.2.a. (page 16) and guidelines
of the Federal Food and Drug Administration
-
A UCSD researcher may provide services to
a company through a service agreement with UCSD
under the following conditions, providing such
researcher has no financial interest or management
responsibility in the company, including, but
not limited to ownership of stock or other equity,
receipt of income through consulting or other
means. The University may consider exceptions
to this rule after review of the principles
for University interactions with industry and
the following factors:
- relationship of the project to the teaching,
research, and public service mission of the
University of California;
- nature and extent of the researcher's involvement
with the company, including amount of equity,
annual income, and management responsibility
of researcher, researcher's spouse, and researcher's
dependent children in the company;
- ability of the University to supervise the
activity and manage the conflict.
The following conditions automatically would
be applied to any approved exceptions:
- Full costs of the services are recovered.
- The services are available to any company.
- The services are highly specialized.
- No graduate or undergraduate students are
involved in providing the services as part of
their academic program of study.
- The services are not within the scope (i.e.,
not a natural or anticipated extension) of the
researcher's ongoing UCSD research program.
- The company specifies and directs the protocol/statement
of work.
-
Unpaid leave for a researcher with funding
from a company for his/her UCSD research program
may be approved for full or part-time employment
at the company, providing an equitable arrangement
is made between the University and the company
for intellectual property rights, etc., and
the University, after reviewing the considerations
in V.B.2.a. (Page 16), believes any conflict
of interest can be managed. Also see recommendations
on conflict of commitment (pages 11-13).
-
Federal Grants
-
Consistent with current federal regulations,
the following are examples of Significant Financial
Interests which are considered "related"
to a federally sponsored project:
- The UCSD researcher is carrying out a project
and the results of that project would be relevant
to the development, manufacturing, commercialization,
or improvement of any drug, device, procedure
or other products or services of the company
in which the researcher has a Significant Financial
Interest.
- The UCSD researcher has a Significant Financial
Interest in a company which might manufacture
or commercialize a drug, device, procedure,
or any other product used in the project, or
that will predictably result from the project.
- The UCSD researcher has consulting income
from a single company that exceeded $10,000
during the prior twelve months, and the financial
interests of that company, or the researcher's
financial interests related to consulting for
that company, would reasonably appear to be
affected by the research.
- An assessment of which, if any, of the researcher's
financial interests related to consulting (or
which, if any, of the financial interests of
the company to which the researcher consults)
would reasonably appear to be affected by the
proposed research may be made by the researcher
based on his or her academic expertise in his
or her professional field; those interests are
to be reported if they exceed the reporting
threshold of $10,000 from a single company during
the prior twelve months.
- The UCSD researcher has a Significant Financial
Interest in a company and the sponsored project
proposes to subcontract a portion of the work,
or lease property, or make referral of participants
to, or make purchases from the company.
- The UCSD researcher has a Significant Financial
Interest in a company that is part of a consortium
or that will otherwise participate in the sponsored
project.
-
Financial interests which are not related
to the sponsored project do not need to be disclosed.
-
General University Policies
(Independent of whether UCSD receives external
funding for the researcher's program)
-
Within the 39/48/52 day limit on outside professional
activities, a UCSD researcher may engage in
professional activities with companies that
conduct research in the same or similar areas
as the researcher's UCSD research program. Allowable
activities may include general consulting, performing
research, directing research, and lecturing,
provided that these activities do not result
in
- disclosure of University proprietary data,
- transfer of University intellectual property,
including any research data and findings from
the researcher's University research program
that are not in the public domain,
- multiple compensation for the same work,
- decision-making on University research issues
in the interest of a third party.
-
UCSD researchers are not to enter into consulting
agreements that create a conflict with University
policies and are encouraged to include in consulting
agreements language that acknowledges that the
researcher is subject to the University's intellectual
property and consulting policies.
-
UCSD will not subcontract work to a company
when the PI or other researcher on the project
(or immediate family member) has a Significant
Financial Interest in the company. An exception
can be considered when no other entity, including
the University, can perform the work.
-
A researcher may not use in a UCSD research
program a device that is owned by and requires
payment of a usage fee to the researcher or
to a company in which the researcher has a Significant
Financial Interest. An exception can be considered
when the device is both unique and critical
to the performance of the research. If approved,
the conflict would be managed by a University
conflict of interest ad hoc committee.
Next Page
Previous Page
Table of Contents
|