 | Board of Visitors minutes May 14, 1999 |  |
CONFLICT OF INTEREST EXEMPTION
The following resolution was adopted: (Mr. Crutchfield abstained from voting on this resolution).
- WHEREAS, the School of Medicine wishes to enter into a sponsored research contract with Multimedia Medical Systems, Inc., a Delaware Corporation, for testing MMS computer software for transmitting medical images over the Internet; and
- WHEREAS, Neal Kassell, M.D., a faculty member in the School of Medicine, and his spouse, have equity interests of 13.3% and 0.1%, respectively, in Multimedia Medical Systems, Inc., and Universitys entry into an agreement with Multimedia Medical Systems, Inc., would thereby expose them to violation of the conflicts of Interest Act unless approved by the Board as provided by '2.1-639.6(C)(7) of the Code of Virginia.
- RESOLVED that the conflict is approved by the Board of Visitors in order to permit the University to negotiate and enter into a proposed contract for testing MMS computer software, which transmits medical images over the Internet; provided that Dr. Kassell file the required annual disclosure statement of personal interests in Multimedia Medical Systems, annual report concerning the contract with the Secretary of the Commonwealth, and department chair vigilantly oversees utilization of University resources in the best interests of the University and in accordance with policy.
| Board of Visitors minutes May 14, 1999 | |