"” How does [this] effect the the science? Answer it doesn’t"
Oh, yes it does, which is why all institutions and reputable journals have policies on full disclosure of conflicts of interest.
See UCI's policy here, for example
"The scientific community and the public are best served by open publication and presentation of financial disclosures for readers, reviewers and colleagues to evaluate. In addition, many scientific journals and funding agencies have implemented requirements for authors to disclose related financial interests to improve the integrity of science and manage financial conflicts of interest. Full disclosure removes the suspicion that something of relevance to objectivity is being hidden and allows readers to form their own opinions on whether a financial conflict of interest exists and what relevance it may have to the study."
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