Word: grassley
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...Grassley, who had been looking at the financial relationships between physicians and drug companies recently, is asking the NIH to "take a closer look" at the grants they give to researchers...
...Every year, the NIH hands out almost $24 billion in grants," Grassley said in a floor speech. "But nobody is watching to ensure that the conflicts of interest are being monitored...
...Since most research institutions and medical centers establish their own conflict of interest policies—the Medical School's policies are independent of those of its affiliated hospitals—Grassley is pushing for a set, national standard...
...Last fall, Grassley and Senator Herbert H. Kohl, a Wisconsin Democrat, introduced the Physician Payments Sunshine Act, which will require companies to report payments that they make to doctors. Legislation for the Sunshine Act, which has recently secured endorsements last month from pharmaceutical companies such as Eli Lilly, AstraZeneca, and Merck, is currently pending...
...According to Grassley, transparency in such financial relationships would decrease the chances of universities violating NIH regulations on conflicts of interest...