Conflict of Interest
- Articulates MUSC’s annual disclosure requirements and the institution’s responsibility to review, identify and manage potential employee conflicts of interest;
- References the SC State Ethics Law which makes it unlawful for public officials, public members, and public employees to use their position to obtain an economic interest or to have a financial interest in most any contract or purchase connected with MUSC/MUHA; and
- Fulfills MUSC’s obligation as an institution that conducts research funded by the Public Health Service to have a written, enforced policy that complies with 42 CFR Part 50 Subpart F - "Responsibility of Applicants for Promoting Objectivity in Research for which Public Health Service Funding is Sought" and 45 CFR Part 94 “Responsible Prospective Contractors" as well as all other relevant policies of federal funding and oversight agencies.
This policy establishes guidelines for University-Industry relationships to ensure that individuals who work for MUSC interact with Industry knowing the rules of the University and State that govern such interactions.
This policy relates to the financial interests and relationships that MUSC, as an institution, has with external entities which could have the potential to compromise the integrity of institutional decision-making. The policy defines institutional reporting requirements for entities of the MUSC enterprise and provides guidance to identify and manage potential institutional conflicts of interest. While Institutional Officials (IO’s) are also defined in the policy, IO’s are managed under the MUSC/MUHA COI policy and annual disclosure process.