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1/4 Historically, private independent IRBs were founded and owned by individuals who had a plurality of goals. For some, like @VeritasIRB, profit was never the main driving objective. medicalxpress.com/news/2020-07-a… #researchethics
2/4 While we must avoid the pitfall of assuming that all private equity (PE) firms are inherently bad, the governance of PE-owned IRBs must be examined carefully. In fact, governance must be a matter of scrutiny for any #IRB regardless of its corporate structure or ownership.
3/4 Many proposals were made over the years regarding the corporate structure, operations, accountability, and independence of IRBs by scholars, including @HollyLynchez, @TrudoLemmens, @charlesweijer, and @jgdownie.
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