UM Regents OK 4 Conflict-of-Interest Items
Four items disclosed under the state’s conflict-of-interest statute were authorized by the University of Michigan board of regents at their Dec. 13, 2012 meeting. The law requires that regents vote on potential conflict-of-interest disclosures related to university staff, faculty or students.
The items often involve technology licensing agreements or leases. This month, all items were approved unanimously and without discussion. They related to the following businesses and organizations: JV Biolabs LLC (sub-lease agreement at 2900 Huron Parkway); Avicenna Medical Systems (contract to license Avicenna’s chronic disease management software, called Avitracks); Echo360 Inc. (contract to license UM technology); and Vortex Hydro Energy LLC (master agreement for collaboration between UM and the startup business).
As an example of these items, disclosure of the contract with … [Full Story]