| Principles and process in the development of the Mayo Clinic's individual and institutional conflict of interest policy. | |
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MedLine Citation:
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PMID: 16212147 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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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. |
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Authors:
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Michael Camilleri; Gail L Gamble; Stephen L Kopecky; Michael B Wood; Marianne L Hockema |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Mayo Clinic proceedings. Mayo Clinic Volume: 80 ISSN: 0025-6196 ISO Abbreviation: Mayo Clin. Proc. Publication Date: 2005 Oct |
Date Detail:
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Created Date: 2005-10-10 Completed Date: 2005-11-08 Revised Date: 2007-10-29 |
Medline Journal Info:
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Nlm Unique ID: 0405543 Medline TA: Mayo Clin Proc Country: United States |
Other Details:
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Languages: eng Pagination: 1340-6 Citation Subset: AIM; IM |
Affiliation:
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Division of Gastroenterology and Hepatology, Office of Medical-Industry Relations, Mayo Clinic College of Medicine, Rochester, Minn 55905, USA. |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Academic Medical Centers
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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
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