Financial Confict of Interest (FCOI) Policy, Potentiometric Probes, LLC
Potentiometric Probes, LLC conducts basic biomedical research and technology development for human health-related applications. Potentiometric Probes is committed to the integrity of this research by maintaining objectivity and eliminating bias. As an NIH award recipient, Potentiometric Probes has implemented a Financial Conflict of Interest Policy (FCOI) to conform with NIH guidelines for transparency and research integrity.
According to the NIH: “NIH requires recipient institutions to comply with the requirements of 42 CFR Part 50, Subpart F, “Responsibility of Applicants for Promoting Objectivity in Research for which PHS Funding is Sought.” (FCOI Regulation), as implemented in the 2011 Final Rule for grants and cooperative agreements. FCOI requirements are aligned with 42 CFR Part 50–Subpart F and the overarching goal for reporting is to promote and encourage transparency in order to avoid distorting NIH funding decisions; NIH staff consider reports in light of other disclosures, e.g. other support, biographical sketch data, and foreign components, etc., and provide a holistic approach to award and risk management principles.”.
Potentiometric Probes’ current policy can be found here. Some specific language of the FCOI policy described here and implemented at Potentiometric Probes is copied directly from NIH-published resources as well as publicly available policies from two businesses/organizations: American Psychosomatic Society, and Biocircuit Technologies.