What is considered a conflict of interest?
Examples of conflict of interest to be disclosed in the consent form: • Investigators who enroll potential research subjects and are also responsible for the healthcare of that subject • Investigators who accept compensation from the sponsor of an investigation for something as simple as a one-time honorarium, or for a more complex relationship, such as a paid consultant. Examples of conflict of interest to be disclosed in application: • Financial involvement in the sponsor company (e.g. stocks, ownership, or other financial interest) by the principal investigator creates a conflict of interest, since the outcome of the study could have a financial impact on the researcher. • Researchers who have received compensation from the study sponsor (e.g. honorarium, consulting fee, etc.) also have a conflict of interest. • What do I do if there is a conflict of interest? Investigators have an ethical and legal responsibility to disclose conflicts of interest to potential research subjects in t