Document Detail


Principles and process in the development of the Mayo Clinic's individual and institutional conflict of interest policy.
MedLine Citation:
PMID:  16212147     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
In 1995, federal regulations required all academic medical centers to implement policies to manage individual financial conflict of interest. At the Mayo Clinic, all staff are salaried, and all medically related intellectual property from the staff belongs to the clinic. Hence, it was necessary to develop a policy for institutional conflict of interest to complement the policy for individual conflicts of interest. This article addresses the principles and process that led to the development of the Mayo Clinic's policies that guide the management of conflict of interest of individuals and of the institution. Empowered by the Bayh-Dole Act, the Mayo Clinic participates in technology transfer through its entity Mayo Medical Ventures. Individual conflicts of interest arising from such technology transfer are associated with Institutional conflicts because all individual intellectual property belongs to the institution, per clinic policy. This policy addresses conflicts of interest that arise in research, leadership, clinical practice, investments, and purchasing. Associated with the statutory annual disclosure on personal consulting and other relationships with Industry, which are guided by federal regulations, all research protocols or grant applications require financial disclosure on initial submission and in annual progress reports. The clinic's Conflict of Interest Review Board was established to review each disclosure and recommend management of individual and institutional conflicts of interest according to policy.
Authors:
Michael Camilleri; Gail L Gamble; Stephen L Kopecky; Michael B Wood; Marianne L Hockema
Related Documents :
11105287 - A review of rapid prototyping (rp) techniques in the medical and biomedical sector.
17292107 - Self-assembling nanoclusters in living systems: application for integrated photothermal...
10908437 - Diffusion of telemedicine: a knowledge barrier perspective.
16250477 - Medical technology horizon scanning.
20029307 - Getting to the root of medication errors.
10183837 - High court hands down decision in rogers v whitaker.
Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Mayo Clinic proceedings. Mayo Clinic     Volume:  80     ISSN:  0025-6196     ISO Abbreviation:  Mayo Clin. Proc.     Publication Date:  2005 Oct 
Date Detail:
Created Date:  2005-10-10     Completed Date:  2005-11-08     Revised Date:  2007-10-29    
Medline Journal Info:
Nlm Unique ID:  0405543     Medline TA:  Mayo Clin Proc     Country:  United States    
Other Details:
Languages:  eng     Pagination:  1340-6     Citation Subset:  AIM; IM    
Affiliation:
Division of Gastroenterology and Hepatology, Office of Medical-Industry Relations, Mayo Clinic College of Medicine, Rochester, Minn 55905, USA.
Export Citation:
APA/MLA Format     Download EndNote     Download BibTex
MeSH Terms
Descriptor/Qualifier:
Academic Medical Centers / ethics,  organization & administration*
Conflict of Interest*
Disclosure
Ethics, Institutional*
Hospitals, Group Practice / ethics,  organization & administration*
Humans
Intellectual Property
Investments
Leadership
Minnesota
Organizational Policy*
Policy Making
Purchasing, Hospital / ethics
Technology Transfer

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


Previous Document:  Neuron-astrocyte interactions: partnership for normal function and disease in the central nervous sy...
Next Document:  Evaluation and medical management of benign prostatic hyperplasia.