After watching the meeting with the faculty member, here is additional information that you now know.
- Professor Bianco owns a business that creates fax machines. It does not relate to his University responsibilities.
- Professor Bianco is on the Advisory Board for J&J. He is also a consultant and owns more than $10k of stock in Pfizer.
- None of his students are involved with either of these research projects.
- He is in the process of completing applications for IRB approval for both projects.
- Professor Bianco is going to recuse himself from discussion or voting whenever his J&J project is being discussed.
- If necessary, Professor Bianco would agree to give up his stock in Pfizer.
- Professor Bianco's consulting duties for Pfizer are separate from his University responsibilities.
- Professor Bianco has agreed to describe in detail how his consulting duties are separate from his University responsibilities and resubmit his REPA immediately. He will include his agreement to recuse himself from the J&J Advisory Board whenever his project is being discussed.
- Professor Bianco also understands that, until he has received CRC and IRB approval, he may not proceed with his research.
Is there a potential for conflicts of interest in this case? Why or why not?
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