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 Smalling

Windmill Cardiovascular Systems, Inc., Department: Na

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Disclosed Conflict of Interest with

Windmill Cardiovascular Systems

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

Dr. Smalling has equity in Windmill Cardiovascular Systems, Inc., which is a private, for-profit company focused on development of a novel and advanced left ventricular assist device (LVAD) and a total artificial heart (TAH) in addition to other cardiovascular and non-biomedical devices. Dr. Smalling is a co-founder of Windmill, one of the inventors of the UT-owned intellectual property, and also serves as an Officer and Board member for Windmill. This research will utilize and test the feasibility of the related technology.

Listed Research Project
Development and Preclinical Testing of the TORVAD Ventricular Assist System in Preparation for First in Human Implantation

PUBLIC HEALTH RELEVANCE Due to the lack of donor hearts, an ever-growing number of patients receive a ventricular assist device each year. The TORVAD(tm) has the potential to address common complications associated with existing ventricular assist devices due to reduced blood trauma made possible by a unique low-shear piston pumping technology. This provides the valveless pulsatile flow TORVAD with the potential to improve patient management and reduce incidence of bleeding, neurological dysfunction, and strokes. (End of Abstract)

Filed on February 20, 2018.

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Name Institution Type Company Disclosed Value
Richard Smalling Windmill Cardiovascular Systems, Inc. Conflict of Interest Windmill Cardiovascular Systems Value cannot be readily determined
Richard Smalling Windmill Cardiovascular Systems, Inc. Conflict of Interest Windmill Cardiovascular Systems 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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