Conflict of Interest Definitions

Conflict of Interest Circumstances create a conflict of interests when an individual has an opportunity to affect IAMSE content about products or services of a commercial interest (profit or non-profit) with which they have a financial relationship.

A Financial Relationship is a relationship in which the individual benefits by receiving a salary, royalty, intellectual property rights, consulting fee, honoraria, ownership interest (e.g. stocks, stock options or other ownership interest, excluding diversified mutual funds), or other financial benefit. Financial benefits are usually associated with roles such as employment, management position, independent contractor (including contracted research), consulting, speaking and teaching, membership on advisory committees or review panels, board membership, and other activities from which remuneration is received or expected. 

A Commercial Interest (profit or non-profit) is any entity producing, marketing, re-selling, or distributing medical education or health care goods or services.

*Relevant Financial Relationships IAMSE focuses on financial relationships with commercial interests (profit or non-profit) in the 12-month period preceding the time that the individual is being asked to assume a role controlling content of the workshop activity. IAMSE has not set a minimal dollar amount for relationships to be significant.  Inherent in any amount is the incentive to maintain or increase the value of the relationship. IAMSE defines “’relevant’ financial relationships” as financial relationships in any amount occurring within the past 12 months that create a conflict of interests.

Commercial Bias: IAMSE requires that your presentation be free of commercial bias and that any information regarding commercial products/services (profit or non-profit) be based on scientific methods generally accepted by the medical community.