It does not include a faculty member's participation in the design of a clinical study for which the faculty member is subsequently neither a participant nor an author. Executive Position refers to any position that includes responsibilities for the operation or management of a business. Participate means to be part of the described activity in any capacity, including but not limited to serving as the principal investigator, co-investigator, collaborator or provider of direct patient care. Private Medical Practice means the professional services rendered by a physician, including departmental practice plans, and the procedures integral to those services. Sponsored Research means research, training and instructional projects involving funds, materials, or other compensation from an outside source under agreements with the University.
Technology means any compound, drug, device, diagnostic, analytic, medical or surgical procedure.
Amended July 2000 Only a Few Examples of Reportable Conflicts of Interest Faculty should report any possible conflict of interest. Disclosure is almost always its own remedy. I am conducting a clinical trial on a product made by RX Company. RX Company funds my studies. I am conducting a clinical trial with support from RX Company on a patented product that was developed by or is licensed to RX and generates some royalties to me.