The Institutional Conflict of Interest Committee has approved a revised version of the Office of the President’s Policy for Institutional Conflicts of Interest in Research that will take effect Feb. 1.
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The updated policy clarifies the criteria for the financial interest disclosure of and the management of conflicts of interest associated with:
• Technology transfer licensing agreements where the university, as an institution, has a contractual right to acquire equity or receive certain fees from a third party under the terms of the agreement to license or option UM-developed intellectual property.
• University investments through, or agreements on behalf of, Michigan Invests in New Technology Startups, Michigan Biomedical Venture Fund, Accelerate Blue and any similar university-controlled investment funds.
The Office of the President’s ICOI policy and disclosure procedures demonstrate to the U-M research community, our research sponsors, and external research collaborators the University’s commitment to the reduction or elimination of bias, or the appearance of bias, in U-M research activities.
