Conflict of Interest in Research
In August 2011, the US Department of Health and Human Services issued its final rule on governing Financial Conflict of Interest (COI) in research funded by the Public Health Service (PHS). In an effort to support institutional compliance with federal regulations, Saint Louis University will publish a revised Financial Conflict of Interest in Research Policy effective August 24, 2012. This policy will include significant changes for all individuals involved in the design, conduct, or reporting of research regardless of the funding source. The key changes to institutional policy will include the following:
- Mandatory COI Training (Online COI training through CITI)
- Lower Threshold Disclosure
- Any combined income, compensation or stock in excess of $5,000 from a publicly-traded or non-publicly traded entity to the Investigator, including the Investigator's spouse and dependent children must be disclosed.
- Any amount of equity (stock, stock options, or other ownership interest) in a non-publicly traded entity (such as a start-up company) to the Investigator, including the Investigator's spouse and dependent children must be disclosed, regardless of value.
- Mandatory Travel Disclosure
- Any reimbursed or sponsored travel to the Investigator (including Investigator's spouse and/or dependent children) paid by an entity, including non-profit organizations, but excluding travel sponsored by or reimbursed by a government agency, a U.S. institution of higher education or a research institute affiliated with such, a medical center, or an academic teaching hospital must be disclosed within 30 days of each occurrence.
- Mandatory Disclosures Annually and Within 30 days of Discovery
- All persons involved in the design, conduct, or reporting of research are required to disclose all Significant Financial Interests (including travel) whether or not an actual Financial Conflict of Interest exists. Each investigator must submit an updated disclosure of Significant Financial Interests within 30 days of discovering or acquiring a new Significant Financial Interest.
Informational sessions will be held to answer any questions regarding the new changes to the COI policy.
Conflict of Interest Q&A Sessions:
Thursday, August 16, 2012, 3-4pm at Learning Resource Center, Auditorium B
Monday, August 20, 2012, 2-3pm at Beracha Hall, Room 121
Thursday, August 23, 2012, 2-3pm at McDonnell Douglas Hall, Room 1016
Thursday, August 30, 2012, 2-3pm at Learning Resource Center, Auditorium C
***NEW OFFICE HOURS ON TUESDAYS AT THE DRC!!! Set up a time to meet and discuss any COI questions or concerns on Tuesdays during normal business hours at DRC 611. E-mail email@example.com or call 977-7047 for more information.***
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