Assessing Faculty Financial Relationships With Industry

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Abstract
Financial ties between academic researchers and private industry are currently under intense scrutiny.1-4 About $1.5 billion from industry flows into academic institutions annually,5 and 1 study has shown that 28% of surveyed life sciences faculty report funding from private sponsors.6 There is growing concern among federal and state agencies and academic institutions that industry sponsorship may influence the outcomes of research and undermine traditionally held academic values of intellectual freedom, open exchange of ideas, and research in the interest of the public good.7-9