New regulations regarding the disclosure of financial conflicts of interest become effective on August 24, 2012. The new regulations apply to all investigators and institutions that apply for or receive funding (including renewal/continuation funding) from the National Institutes of Health, Centers for Disease Control and Prevention, Food and Drug Administration, or any other PHS agency on or after August 24, 2012.
The U.S. Department of Health and Human Services (HHS) has issued a final rule in the Federal Register that amends 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).
These new requirements apply to ALL investigators involved in research at Lawrence Livermore National Laboratory, regardless of job title, who are responsible for the design, conduct, or reporting of research or research activities (ex. PI, postdocs, technicians, graduate students, consultants, etc.). LLNL/LLNS has the responsibility to identify and manage and reduce or eliminate conflicts of interest that may arise due to financial or other personal interests of the investigator. Therefore, all personnel named on proposal budgets will be required to disclose significant financial interests related to their institutional responsibilities.