Dollars for Profs

Dig Into University Researchers' Outside Income and Conflicts of Interest

Published Dec. 6, 2019

This database was last updated in December 2019 and should only be used as a historical snapshot. There may be new or amended records not reflected here.

Financial doc
Filing Type

Conflict of Interest

Institutions must file significant disclosures to the National Institutes of Health if they determine financial relationships could affect the design, conduct or reporting of the NIH-funded research. The NIH provided us with their entire financial conflict of interest database, with filings from 2012 through 2019.

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Richard Morimoto

Northwestern University, Department: Na

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Disclosed Conflict of Interest with

Proteostasis Therapeutics

Disclosed Value
Listed Reason
Equity Interest - Publicly traded entity (e.g., stock, stock option, or other ownership interest)

This research is to understand protein homeostatis in cells and organisms (proteostasis), and investigate the basis of proteostasis dysregulation during aging and in disease. The work uses as a model the expression of disease associated, metastable, aggregation-prone proteins in the nematode C. elegans to collapse of the proteostasis machinery, and examines the role of cytoprotective pathways to restore its balance. Professor Morimoto is a founder of Proteostasis Therapeutics, and discloses both remuneration and equity interest from the company, which has the goal of developing novel therapeutics designed to characterize and pharmacologically control the proteostasis network in cells, and which focuses on protein aggregation diseases. While the work included in this proposal examines basic mechanisms relating to proteostasis, the similarity of these studies and the broad goals of Proteostasis Therapeutics suggest the potential for a perceived conflict of interest that should be managed. The company was previously non-publicly traded, but recently went public.

Listed Research Project
C. elegans Model for Neurodegenerative Diseases of Aging

NA

Filed on August 25, 2016.

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Name Institution Type Company Disclosed Value
Richard Morimoto Northwestern University Conflict of Interest Proteostasis Therapeutics, Inc. >$600,000
Richard Morimoto Northwestern University Conflict of Interest Proteostasis Therapeutics, Inc. $40,000 - $59,999
Richard Morimoto Northwestern University Conflict of Interest Proteostasis Therapeutics $40,000 - $59,999
Richard Morimoto Northwestern University Conflict of Interest Proteostasis Therapeutics, Inc. $20,000 - $39,999
Richard Morimoto Northwestern University Conflict of Interest Proteostasis Therapeutics, Inc. Value cannot be readily determined
If you see an error in the database or a reason we should not disclose a record, please contact us at [email protected] and we'll evaluate it on a case-by-case basis.
Sources: National Institutes of Health, public records requests filed at multiple public state universities

Notes: When a more specific filing date is not available for an individual financial disclosure or conflict of interest form, we use the year the form was filed. If the year was not disclosed, we report the range of years covered by our public records requests. In a few cases, a start date was provided instead of a filing date. In those cases, we use the start date instead.

Fewer than 10% of records from the University of Florida and fewer than 1% of records from the University of Texas system were removed because they did not contain enough information.

ProPublica obtained additional financial disclosures and conflict of interest forms that we have not yet digitized and added to the database. You can download those disclosures in the ProPublica Data Store.

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