May 20, 2005

California Ruling Could Leave Colleges Liable for Research Sponsors' Lost Profits

By GOLDIE BLUMENSTYK

A California appeals court has ruled that the University of Southern California could be held liable for a company's lost profits as a result of the institution's delays and errors in its management of a clinical trial paid for by the company.

Now several higher-education organizations and other universities have joined Southern California in asking the state's Supreme Court to overturn that ruling, saying it would create a precedent exposing research universities to "outlandish

Print Subscription

Digital Subscription

Already have an account? Log In Now.