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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Hemachandra Reddy

Texas Tech University Health Scis Center, Department: None

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Disclosed Conflict of Interest with

abSynapTex, LLC

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

The TTUHSC Conflict of Interest in Research Committee (COIRC) has determined that Dr. Reddy has a conflict of interest as defined by HSC OP 73.09, Conflict of Interest in Research, as a consequence of his financial interest in abSynapTex, LLC., Lubbock, TX, a drug development start-up company that has a licensing agreement with Texas Tech University System (TTUS), and in which Dr. Reddy is a founding Principal, stockholder, Chief Scientific Officer, and consultant. The conflict derives from the potential for Dr. Reddy to benefit financially from company and IP ownership interests that could be influenced by results of ongoing research in his laboratory.

Listed Research Project
Voltage-Dependent Anion Channel and Neurodegeneration in Alzheimer's Disease

Mitochondrial dysfunction is an early and prominent feature of Alzheimer's disease (AD) pathogenesis, but the precise mechanism underlying this dysfunction is still not well understood. The objectives of the proposed research are to determine the physiological relevance of the interactions between mitochondrial outer membrane protein, voltage-dependent anion channel 1 and amyloid beta/phosphorylated tau in AD neurons~ to determine whether partial reduction of voltage-dependent anion channel protein 1 maintains mitochondrial pore activity and mitochondrial function in neurons producing amyloid beta and phosphorylated tau. The outcomes of the proposed experiments will provide critical information that can be used to develop therapies for reducing amyloid beta- and phosphorylated tau-induced mitochondrial damage and neuronal dysfunction in AD patients.

Filed on November 07, 2017.

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Name Institution Type Company Disclosed Value
Hemachandra Reddy Texas Tech University Health Scis Center Conflict of Interest abSynap Tex, LLC Value cannot be readily determined
Hemachandra Reddy Texas Tech University Health Scis Center Conflict of Interest abSynapTex, LLC 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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