What are the responsibilities of the Institutional designated official(s)?
The Institution’s designated official(s) must review all financial disclosures; determine whether a financial conflict of interest exists; and, if so, determine what actions should be taken by the Institution to manage, reduce, or eliminate such conflict of interest. A conflict of interest exists when the designated official(s) reasonably determines that a Significant Financial Interest could directly and significantly affect the design, conduct, or reporting of the research funded by the NIH.