The purpose of this Policy is to promote objectivity in Research by assuming responsibility for ensuring that the financial interests of staff members do not compromise the objectivity with which research or activity is designed, conducted, or reported. This Policy has been amended to comply with the final rule issued by the U.S. Department of Health and Human Services (HHS) amending the Public Health Service (PHS) regulations on Responsibility of Applicants for Promoting Objectivity in Research for which PHS Funding is Sought (42 C.F.R. Part 50, Subpart F) and Responsible Prospective Contractors (45 C.F.R. Part 94). To meet the requirements of those regulations, Altarum Institute has adopted this Policy, as amended, which will continue in effect until rescinded or modified by appropriate authority.
This Policy applies to proposals made to and sponsored projects supported wholly or in part by the U.S. Public Health Service, the National Institutes of Health, the National Science Foundation, and other U.S. government agencies that announce regulations on conflict of interest (or objectivity in research).
It is the policy of Altarum that no proposed, awarded, or ongoing Research project at Altarum will be biased by any Significant Financial Interest of any Investigator responsible for the design, conduct, or reporting of that Research project.
Definition of Terms
“Designated Official” means the individual within the Institute that is responsible for the solicitation and review of disclosures of Significant Financial Interests related to the Investigator’s Institutional Responsibilities. For the purposes of this Policy, the Designated Official is the General Counsel.
“Family” means any member of the Investigator’s immediate family, including dependent children and spouse.
“FCOI Management Plan” means a Financial Conflict of Interest management plan that includes, at a minimum, the following:
“Financial Conflict of Interest” or “FCOI” means a Significant Financial Interest (or, where the Designated Official requires disclosure of other financial interests) that the Institute reasonably determines could directly and significantly affect the design, conduct or reporting of Institute or PHS-funded Research.
“Institution” or “Institute” means Altarum Institute.
“Institutional Responsibilities” means the Investigator’s responsibilities associated with his or her position at the Institute, including, but not limited to, research activities, consulting activities, etc.
“Investigator” means the Principal Investigator or Project Director and any individual who is responsible for the design, conduct, or reporting of PHS-funded Research, or proposals for such funding.
“Public Health Service” or “PHS” means the Public Health Service of the U.S. Department of Health and Human Services, and any components of the PHS to which the authority of the PHS may be delegated.
“Research” means a systematic investigation, study, or experiment designed to develop or contribute to generalizable knowledge relating broadly to public health, including behavioral and social-sciences research. The term encompasses basic and applied research (e.g., a published article, book or book chapter) and product development (e.g., a diagnostic test or drug).
“Significant Financial Interest” means anything of monetary value received or held by an Investigator or an Investigator’s Family, whether or not the value is readily ascertainable, including, but not limited to: salary or other payments for services (e.g., consulting fees, honoraria, or paid authorships for other than scholarly works); any equity interests (e.g., stocks, stock options, or other ownership interests); and intellectual property rights and interests in excess of $5,000 (e.g., patents, trademarks, service marks, and copyrights), upon receipt of royalties or other income related to such intellectual property rights and interests.
“Significant Financial Interest” does not include the following types of financial interests: salary, royalties, or other remuneration paid by the Institution to the Investigator if the Investigator is currently employed or otherwise appointed by the Institution, including intellectual property rights assigned to the Institution and agreements to share in royalties related to such rights; any ownership interest in the Institution held by the Investigator, if the Institution is a commercial or for-profit organization; income from investment vehicles, such as mutual funds and retirement accounts, as long as the Investigator does not directly control the investment decisions made in these vehicles; income from seminars, lectures, or teaching engagements sponsored by a federal, state, or local government agency located in the United States, a United States Institution of higher education, an academic teaching hospital, a medical center, or a research institute that is affiliated with an Institution of higher education; or income from service on advisory committees or review panels for a federal, state, or local government agency, a United States Institution of higher education, an academic teaching hospital, a medical center, or a research institute that is affiliated with a United States Institution of higher education.
Investigators must disclose all foreign financial interests (which includes income from seminars, lectures, or teaching engagements, income from service on advisory committees or review panels, and reimbursed or sponsored travel) received from any foreign entity, including foreign Institutions of higher education or a foreign government (which includes local, provincial, or equivalent governments of another country) when such income meets the threshold for disclosure (e.g., income in excess of $5,000).
For Investigators, “Significant Financial Interest” also includes any reimbursed or sponsored travel in excess of $5,000 undertaken by the Investigator and related to his/her Institutional Responsibilities. This includes travel that is paid on behalf of the Investigator rather than reimbursed, even if the exact monetary value is not readily available. It excludes travel reimbursed or sponsored by U.S. Federal, state or local governmental agencies, U.S. institutions of higher education, research institutes affiliated with institutions of higher education, academic teaching hospitals, and medical centers.
Conflict of Interest
Altarum’s expectation is that Investigators will conduct their affairs so as to avoid or minimize conflicts of interest, and must respond appropriately when conflicts of interest arise. This Policy informs staff about situations that generate conflicts of interest related to Research, provides mechanisms for Investigators and the Institute to manage those conflicts of interest that arise, and describes situations that are prohibited. Every Investigator who applies for or receives PHS funding has an obligation to become familiar with, and abide by, the provisions of this Policy. If a situation raising questions of conflict of interest arises, an Investigator must immediately discuss the situation with the Designated Official.
Disclosure of Financial Interests
All Investigators are required to disclose their outside financial interests, as it relates to their Institutional Responsibilities, to the Institute at the time of application for PHS-funded Research, on an annual and on an as needed or required basis. In addition to the required disclosures, the Investigator should disclose any other financial or related interests that could present an actual or perceived conflict of interest. The Designated Official, or designee, is responsible for the distribution, receipt, processing, review and retention of Disclosure Forms.
All Investigators must disclose their Significant Financial Interests to the Institute, at the time of application for PHS funding.
All Investigators must disclose their Significant Financial Interests to the Institute, at least annually while any of their projects remain supported by PHS funding.
In addition to the annual disclosure, certain situations may require disclosure. All Investigators must disclose their Significant Financial Interests to the Institute, through the Designated Official, within 30 days of their initial appointment.
Prior to entering into sponsored projects or applications for sponsored projects for PHS-funded Research, where the Investigator has a Significant Financial Interest, the Investigator must submit to the Designated Official an updated disclosure of his or her Significant Financial Interests. The Institute will not submit a research proposal for PHS-funded Research unless the Investigator(s) has submitted the disclosure.
In addition, all Investigators with PHS-funded Research must submit to the Designated Official a disclosure of any Significant Financial Interest they acquire during the course of the year within thirty (30) days of discovering or acquiring a Significant Financial Interest.
Investigators must also disclose reimbursed or sponsored travel related to their employment responsibilities. A disclosure of all sponsored travel other than that specifically exempted by the FCOI rules must be submitted to the Institute when travel sponsored by a single entity or company is valued at more than $5,000 in the 12 months preceding disclosure, or within 30 days of reaching the $5,000 threshold. Such disclosures must include, at a minimum, the purpose of the trip, the identity of the sponsor/organizer, the destination, the duration, and, if known, the monetary value. The Designated Official will determine if additional information is needed to determine whether the travel constitutes a Financial Conflict of Interest with the Investigator’s PHS-funded Research.
Review and Decision of the Designated Official
If the Disclosure Form reveals a Significant Financial Interest, it will be reviewed promptly by the Designated Official for a determination of whether it constitutes a Financial Conflict of Interest. If a Financial Conflict of Interest exists, the Designated Official will take action to eliminate, reduce, or manage the conflict, as appropriate.
A Financial Conflict of Interest will exist when the Designated Official determines that a Significant Financial Interest could directly and significantly affect the design, conduct, or reporting of PHS-funded Research. If the Designated Official determines that there is a Financial Conflict of Interest that can be managed, he or she must require and approve a written FCOI Management Plan before any related PHS-funded Research proceeds. The affected Investigator is responsible for developing and submitting a proposed management plan, in consultation with the Designated Official.
To address complex situations, committees may be established by the Designated Official to periodically review the ongoing activity, to monitor the conduct of the activity, to ensure open and timely dissemination of the Research results, and to otherwise oversee compliance with the FCOI Management Plan.
Subrecipient requirements will be established through a written agreement between the Institute and the subrecipient, and will address whether the subrecipient will follow this Policy, the Financial Conflict of Interest policy of the PHS prime awardee, or the Financial Conflict of Interest policy of the subrecipent. If the latter, the subrecipient will certify that the subrecipient’s Financial Conflict of Interest policy complies with the regulation, and will provide any additional information that may be necessary to allow the prime awardee to fulfill their reporting obligations to PHS.
Reporting to PHS and the PHS Prime Awardee
In the event of an FCOI on a Research project, the Designated Official will prepare FCOI Reports for PHS and the PHS Prime Awardee, as applicable, which include the following information:
The FCOI Reports will be made initially and on an annual basis, as well as within 60 days of identifying a new FCOI. Should any reported conflict or non-compliance require reporting to PHS, the Designated Official, or designee, will report in accordance with PHS regulations. If the funding for the Research is made available from a PHS prime awardee, such reporting will be made available to the prime awardee such that they may fulfill their reporting obligations to the PHS.
Enforcement and Sanctions
In the event of an Investigator’s failure to comply with this Policy, the Designated Official may pursue suspension of all relevant Research activities or pursue other disciplinary action, following established Institute procedures, until the matter is resolved or other action deemed appropriate by the Designated Official is implemented.
The Designated Official’s decision to pursue sanctions on, or pursue other action against, an Investigator because of failure to comply with this Policy, or failure to comply with the decision of the Designated Official, will be described in a written explanation of the decision to the Investigator, and other administrative areas of the Institute, and will notify the individual of the right to appeal the decision.
If the Designated Official determines that a Financial Conflict of Interest was not identified or managed in a timely manner, including but not limited to an Investigator’s failure to disclose a Significant Financial Interest that is determined to be a Financial Conflict of Interest, or failure by an Investigator to materially comply with an approved management plan for a Financial Conflict of Interest, the Designated Official will, within 60 days, review the SFI, determine if an FCOI exists, report the FCOI to PHS, and implement an interim FCOI Management Plan, if needed. If the funding for the Research is made available from a PHS prime awardee, such reporting will be made available to the prime awardee such that they may fulfill their reporting obligations to PHS. The Designated Official will complete a full retrospective review of the Investigator’s activities and the Research project to determine whether the Research conducted during the period of non-compliance was biased in the design, conduct or reporting of the Research.
This retrospective review will be completed and documented within 120 days of the retrospective review and will include the project number, project title, PI, name of Investigator with the Financial Conflict of Interest, name of the entity with which the Investigator has the Financial Conflict of Interest, reason(s) for the retrospective review, detailed methodology used for the retrospective review, and findings and conclusions of the review.
The Designated Official, or designee, will update any previously submitted report to the PHS or the prime PHS awardee relating to the Research, specifying the actions that will be taken to manage the Financial Conflict of Interest going forward. If bias is found, PHS and the PHS prime awardee, if any, will be notified immediately, and a report submitted containing a mitigation report in accordance with the PHS regulations, including the key elements of the review, a description of the impact of the bias on the Research project, and the plan of action to eliminate or mitigate the effect of the bias. Thereafter, FCOI reports will be submitted annually.
Each Investigator must complete training on this Policy prior to engaging in Research funded by PHS, and at least every four years thereafter. They must also complete training within a reasonable period of time as determined by the Designated Official in the event that this Policy is substantively amended in a manner that affects the requirements of Investigators, or if it is determined that the Investigator has not complied with this Policy or with an FCOI Management Plan related to their activities.
The Designated Official will maintain records of all disclosure forms, conflict management plans, and related documents for a period of three years from the date the final expenditure report is submitted to PHS or to the PHS prime, or, where applicable, from other dates specified in 45 CFR 75.361 for different situations.
To the extent permitted by law, all Disclosure Forms, FCOI Management Plans, and related information will be confidential. However, the Institute may make such information available to an agency funding Research, to a requestor of information concerning FCOIs related to PHS funding, or to the PHS prime awardee, if required. If the Institute is requested to provide Disclosure Forms, FOIC Management Plans, and related information to an outside entity, the Investigator will be informed of this disclosure.
The Institute will respond to a requestor, as required by law, within five business days of the request, concerning a Significant Financial Interest that meets the following criteria:
In the event of an SFI, the Designated Official will prepare a Public Financial Conflict of Interest Disclosure Form, including the following information, for reported FCOIs such that it can be made publicly available upon request:
This Policy implements the requirements of 42 CFR 50 and 45 CFR 94. In the event of substantive differences between this Policy and the requirements, the requirements will take precedence.