Regents OK Conflict-of-Interest Disclosures

At their June 16, 2011 meeting, the University of Michigan board of regents signed off on eight items that required disclosure under the state’s Conflict of Interest statute. The law requires that regents vote on potential conflict-of-interest disclosures related to university staff, faculty or students. Often, the items involve technology licensing agreements or leases.

This month, the items included three licensing and four option agreements with various companies, including several based in Ann Arbor, and the reassignment of international patent rights. The items related to the following companies and individuals: Electric Field Simulations Corp. (formerly known as EngXT); FlexDex; ImBio; NanoBio Corp.; ONL Therapeutics; Xondas; and Dr. Richard Laine.

This brief was filed from the regents meeting in the boardroom of the Fleming administration building on UM’s Ann Arbor campus. A more detailed report will follow: [link]