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Case: Conflict of Interest Committee

You are a member of your institution's conflict of interest committee charged with the responsibility of determining the significance of Eric Jensen's conflicts of interest (COI) and to manage it. You are the primary reviewer for Jensen's proposal. He has invented an electrical device that markedly accelerates the fracture-healing rate. This was brought to the intellectual property office where a patent was requested. Jensen also formed a company to exploit the patent with the University. They induced a large medical apparatus company to manufacture and market the device. The university and Jensen' company would receive equity and royalties.

Jensen receives a prototype of the commercial version of the device and decides to conduct a clinical trial on healing rates comparing the device with conventional treatment. He will carry out a blinded study using the device appropriately or in an inactive mode.
  1. Please comment on the proposed arrangement as primary reviewer for the COI committee.
  2. What are the limits on a faculty member's interest in his/her company's ownership and function?
  3. What does "conflict of commitment mean in this setting."
You are a member of your institution's conflict of interest committee charged with the responsibility of determining the significance of Eric Jensen's conflicts of interest (COI) and to manage it. You are the primary reviewer for Jensen's proposal. He has invented an electrical device that markedly accelerates the fracture-healing rate. This was brought to the intellectual property office where a patent was requested. Jensen also formed a company to exploit the patent with the University. They induced a large medical apparatus company to manufacture and market the device. The university and Jensen' company would receive equity and royalties.

Jensen receives a prototype of the commercial version of the device and decides to conduct a clinical trial on healing rates comparing the device with conventional treatment. He will carry out a blinded study using the device appropriately or in an inactive mode.
  1. Please comment on the proposed arrangement as primary reviewer for the COI committee.
  2. What are the limits on a faculty member's interest in his/her company's ownership and function?
  3. What does "conflict of commitment mean in this setting."

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Chapter 4
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Conflicts of Interest (COI)

Definitions

Consequences of a COI

Government Intervention

Industry Sponsorship

Professional Societies

Clinical Practice Guidelines

Other Initiatives

COI in Financial Consulting

Cases

Bibliography


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