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CONFLICT OF INTEREST EXEMPTION (MONICAID)
 
 
 
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CONFLICT OF INTEREST EXEMPTION (MONICAID)

The following resolution was adopted:

WHEREAS, the School of Medicine wishes to enter into a sponsored research contract with MonicAid Corporation to investigate the role of human IgM antibodies to chemokine receptors in HIV and AIDS; and

WHEREAS, Peter I. Lobo, M.D., has disclosed in advance his and his family's equity interests of 88.5% percent in MonicAid Corporation; and

WHEREAS, the School of Medicine's entry into a research agreement with MonicAid Corporation would thereby expose Dr. Lobo to violation of the Virginia Conflict of Interests Act unless approved by the Board as permitted by Section 2.1639.6(c) (7) of the Code of Virginia;

RESOLVED that the conflict of interest of Peter I. Lobo, M.D., is approved by the Board of Visitors in order to permit the University to enter into an agreement with


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MonicAid Corporation, for research funding to investigate the role of human IgM antibodies to chemokine receptors in HIV and AIDS; provided, as required by the law, Dr. Lobo files the required annual disclosure statement of personal interests in MonicAid Corporation, the University files the required annual report concerning the contracts with the Secretary of the Commonwealth, and the relevant department chair vigilantly oversees application of University resources in the best interests of the University and in accordance with policy.