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…#researchethics2/4 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.