Conflict of Interest
Midwestern University, Arizona College of Osteopathic Medicine and Chicago College of Osteopathic Medicine
Service Related COI Grade:
Policy absent or unlikely to have substantial impact
Good progress toward model policy
"Conflicts of Interest: a conflict of interest situation exists when the inidvidual ususes or would appear to an independent third party to have used his or her position to advance his or her own personal financial interests or the personal or financial interests of his or her immediate family or an associated entity, or when an individual or his or her spouse or dependient children have a significant financial interest as devinded below that reasonably appears to be related to the individuals university responsibilities.
Significant financial interest: a significant financial interest for purposes of the required disclosures means anything of monetary value, including but not limited to, salary or other payments for services, equity interests or other ownership interests, and IP rights of an individual and his or her spouse and dependent children, in each case that reasonably appear to be related to any of the individuals professional responsibilities to or on behalf of the university."
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