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CONFLICT OF INTEREST EXEMPTION: APACHE MEDICAL SYSTEMS
 
 
 
 
 
 
 
 
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CONFLICT OF INTEREST EXEMPTION: APACHE MEDICAL SYSTEMS

The following resolution was adopted:

WHEREAS, the School of Medicine wishes to enter into a sponsored research contract with Apache Medical Systems, Inc., for activities that would assist in the development and validation of statistical and mathematical decision support models for cardiovascular diseases, HIV, cancer, and women's health issues; and

WHEREAS, William A. Knaus, M.D., has disclosed in advance his equity interests of 5.8 percent, in Apache Medical Systems Inc.; and

WHEREAS, the University's entry into a research agreement with Apache Medical Systems, Inc., would thereby expose Dr. Knaus to violation of the Conflicts of Interest Act unless approved by the Board as permitted by §2.1-639.6(c) (7) of the Code of Virginia;

RESOLVED that the conflict of interest of William A. Knaus, M.D., is approved by the Board of Visitors in order to permit the University to enter into an agreement with Apache Medical Systems, Inc., for activities that would assist in the development and validation of statistical and mathematical decision support models for cardiovascular diseases, HIV, cancer and women's health issues; provided, as required by the Virginia Conflict of Interests Act, Dr. Knaus, files the required annual disclosure statement of personal interests in Apache Medical Systems, Inc., the University files the required annual report concerning the contract with the Secretary of the Commonwealth, and the Associate Dean for Research vigilantly oversees the application of University resources in the best interests of the University and in accordance with policy.