Codman supports a variety of educational programs that are of interest to the Company, including continuing medical education (CME) events hosted by providers accredited by the Accreditation Council for Continuing Medical Education (“ACCME”); non-CME events that avoid “off-label” discussion of Codman products; NeuroEndovascular fellowship grants; travel grants for fellows and qualifying residents; grand rounds; and other education programs. Each request is evaluated on the individual program’s merits, and all requests must be reviewed by the Codman Education Grant Committee for approval.

Requests for funding must be submitted by an accredited CME provider or a not-for-profit institution, outlining the amount requested, the proposed use of funding and a detailed budget. The requests should provide details about the program, indicate whether it will be CME-eligible, includes an agenda of topics to be covered and any other relevant information. Requests should be submitted to the company at least eight weeks before the program and may be submitted via our online application.

All requests for funding are reviewed by the Codman Education Grant Committee, which generally meets once per month. Voting members of the committee include representatives from Medical Affairs, Regulatory Affairs, Professional Education and Health Care Compliance. Company associates from Sales and Marketing may provide input and background information on submitted requests but do not have a vote in award decisions. No employee or independent sales representative is authorized to commit grant funding without the prior approval of the Education Grant Committee. non-CME events that avoid “off-label” discussion of Codman products; NeuroEndovascular fellowship grants; travel grants for fellows and qualifying residents; grand rounds; and other education programs. Each request is evaluated on the individual program’s merits, and all requests must be reviewed by the Codman Education Grant Committee for approval.

Requests for funding must be submitted by an accredited CME provider or a not-for-profit institution, outlining the amount requested, the proposed use of funding and a detailed budget. The requests should provide details about the program, indicate whether it will be CME-eligible, includes an agenda of topics to be covered and any other relevant information. Requests should be submitted to the company at least eight weeks before the program and may be submitted via our

Factors our committee considers as part of the review process include the following:

• Content – The company looks to support high quality events that are in line with our strategic objectives. Programs that are unrelated to Neurosurgical, Neurovascular, Neurological disorder or NeuroCritical Care, may be denied. Programs that are not of significant educational value, or that are duplicative of other programs funded by the company may also be denied.
• Scope – Programs that serve a larger audience or which have a greater impact on the medical community may receive greater consideration than those of limited scope.
• Location – The event’s venue must be appropriate and conducive to achieving its educational objectives. The company reserves the right to reject a request if the venue appears inappropriate.
• Budget – The company will assess the reasonableness of the event’s detailed budget provided by the requestor, ensuring components appear in line with fair market value. Funding will be restricted to the educational component of the program. The company may reject a request or award a lesser amount based on the event’s budget or due to internal education grant budget constraints.

All approved awards are made via a restricted grant from Codman to a CME provider or an appropriate not-for-profit institution, which must sign a grant letter of agreement outlining the terms of the award before payment will be remitted. Education grants may not be funded directly by a sales representative. Awards cannot be granted to an individual, and the company does not approve multi-year commitments. Grant decisions are contingent upon review of the appropriate state laws (e.g. VT and MA).
If an award is rejected, a written response will be provided to the requestor with an explanation for the decision.

Codman has partnered with an independent foundation to administer fellowship support from the company beginning with the 2010-2011 academic year. The Neurosurgery Research and Education Foundation (NREF) accepts funding requests for clinical neurosurgery fellowship programs in the U.S.. The foundation has outlined an application and selection process that is independent of Codman, including the application due dates, and our company plays no role in the request or approval process at the organization. For more information on how to apply for funding, please visit the foundation’s respective website at www.aans.org/Research/.

Codman is still accepting requests for NeuroEndovascular fellowships and the following fellowship application must be completed for these fellowship grants.

Education grants can be submitted via our online application.

For more information on our education grants, please see our FAQs or Quick Reference Guide.