Chapter

Financial Conflicts of Interest: The Legacy of Shoeless Joe Jackson

in Law in the Laboratory

Published by University of Chicago Press

Published in print July 2010 | ISBN: 9780226101644
Published online March 2013 | e-ISBN: 9780226101668 | DOI: http://dx.doi.org/10.7208/chicago/9780226101668.003.0005
Financial Conflicts of Interest: The Legacy of Shoeless Joe Jackson

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This chapter focuses on the three types of financial conflict of interest laws affecting the scientific research community. The first section examines personal financial conflicts pertaining to those who are conducting federally funded or Food and Drug Administration (FDA)-regulated research, as well as the Public Health Service and FDA rules, the National Science Foundation policy, and the disclosures that prudence dictates ought to be included in an informed consent. The second section explores institutional financial conflicts likely to arise when a university or nonprofit research institute enters into a long-term agreement with a profit-making entity, under which the entity provides research funding in exchange for an option to license a significant portion of the inventions in a given field. The third section reviews the complex web of federal criminal statutes and regulations that govern the activities of federal employees, including those scientists who serve on advisory committees and study sections. Case studies are included at the end of the chapter.

Keywords: conflict of interest; scientific research; federally funded research; FDA; Public Health Service; National Science Foundation

Chapter.  17995 words.  Illustrated.

Subjects: Environment and Energy Law

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