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Silicon Valley event opens doors for U of Arizona research


By Jesse Schwartz
Published: August 16th, 2017

Musicians dream of playing Carnegie Hall and start-ups dream of pitching in Silicon Valley. Both can be long shots, but Tech Launch Arizona (TLA), the commercialization arm of the University of Arizona (UA) in Tucson, recently held an event at which its start-ups told their stories to investors in the epicenter of innovation and entrepreneurship.

In May TLA partnered with TechCode, a global network of start-up incubators and entrepreneur support, to host an event at which four UA start-ups made their pitches at an accelerator in Silicon Valley. The participating Silicon Valley companies included Amgen Ventures, Life Science Angels, and BCG Ventures. In addition to the live audience in Mountain View, CA, the pitches were live streamed to TechCode network locations around the world, including China, South Korea, Israel and Germany.

The event provided networking opportunities that would not have been possible without making the trip to California, says Joann MacMaster, director of business development with TLA.

“It was a good opportunity for us to engage the Mountain View community with our start-ups. It gave them a chance to connect with the inventors and it also gave us a chance to connect with the investors,” she says. “It also gave us a chance to showcase our partnership with TechCode.”

In recent years, UA has greatly increased its dedication to and activity in commercialization of research, says David Allen, vice president of TLA. And a big part of that has been a significant ramp-up in the creation of high-quality, investable startups. In FY2016, TLA launched 14 start-ups – more than any previous year in UA history — and it is on track to break that record again in FY2017, Allen says.

Contributing to that record of success, McMaster says, is the TTO’s three layers of networks to assist start-ups, beginning with a large group of industry leaders (mostly alumni), then a smaller network of commercialization partners comprising about 25 entrepreneurial executives who dedicate their time to helping with start-ups and may step in as CEOs, and finally four part-time mentors-in-residence who champion the start-ups.

One of the commercialization partners is Ted Kraus, who graduated from UA in 2003 and is now the investment director with TechCode. Kraus worked with a team led by Eric Smith, manager of the TLA commercialization network, to develop the event.

TLA worked with TechCode to reach out to potential invitees and settle on an invitation list, says Paul Tumarkin, senior manager of marketing and communications with TLA. “We included people in our network who are also resident or connected to the northern California area, and we also reached out to TechCode’s network of investors and other interested parties,” Tumarkin says. “But with the streaming, we also reached TechCode’s incubators in Germany, Israel, China.”

The public relations and event planning teams at TechCode worked closely with TLA, focused on highlighting the technology originating at the university and particularly some of the most promising start-ups, says Doug Hockstad, assistant vice president with TLA. “The goal was to showcase the technology coming out of Tucson and the University of Arizona and the start-ups that are forming around some of them,” he says. “We wanted to show Silicon Valley some of the exciting things happening here and to make connections that might lead to something in the future.”

A detailed article on TLA’s Silicon Valley outreach event appears in the July issue of Technology Transfer Tactics. To subscribe and access the full article, as well as the publication’s rich 10-year archive of best practices and success strategies for TTOs, CLICK HERE.

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New tool could standardize the process of sharing research materials


By Jesse Schwartz
Published: August 16th, 2017

Many research institutions, funding organizations and policy makers have argued for the benefits of open research, yet there is currently no standard for the sharing and dissemination of research materials. continue reading »

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Sovereign Immunity as Inter Partes Defense: Legal Guidance and Analysis of Impact on Licensing


By Jesse Schwartz
Published: August 16th, 2017

Legal analysts predict the use of a sovereign immunity defense against inter partes patent challenges will become a reliable strategy for state universities and research institutions — and recent cases appear to support that view. Having the option in their back pocket also opens up the potential for state universities to more easily market their IP to risk-averse licensees, as well as demand a premium when it comes to negotiating terms and royalties.

The University of Florida has led the way by recently using the sovereign immunity defense to successfully end an inter partes challenge, and the University of Maryland soon followed with more to come. But as with most aspects of patent law, it’s not a simple proposition. Timing of your response, joint inventorship, IP ownership entity, and prior legal filings can all impact your defense, and one mistake can mean a waiver of sovereign immunity.

That’s why we’ve asked two expert attorneys to lead this critical webinar: Sovereign Immunity as Inter Partes Defense: Legal Guidance and Analysis of Impact on Licensing.

For complete program and faculty details or to register, CLICK HERE.

ALSO COMING SOON:

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UT-Dallas start-up seeks to replace dangerous opioids with non-addictive pain drugs


By Jesse Schwartz
Published: August 16th, 2017

A researcher at the University of Texas (UT)-Dallas has launched a start-up to develop pain relievers that leave out the addictive properties of opioids. Given the current nationwide focus on what is now viewed as an opioid epidemic, the company’s future could be bright. continue reading »

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Google acquires U of Washington start-up that turns smartphones into health monitors


By Jesse Schwartz
Published: August 16th, 2017

Google has acquired a University of Washington (UW) start-up that turns smartphones into health monitoring devices. continue reading »

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U of Wollongong start-up sets out to keep beers fresh with keg monitoring technology


By Jesse Schwartz
Published: August 16th, 2017

A start-up from the University of Wollongong (UoW) in Australia has developed a smart keg that could put an end to stale draft beers. continue reading »

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U of New Mexico to launch I-Corps site with $444,000 NSF grant


By Jesse Schwartz
Published: August 16th, 2017

The National Science Foundation (NSF) has provided the University of New Mexico (UNM) with a five-year $444,000 grant to help start-ups turn academic research into successful products. continue reading »

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New reference: Determination of Royalty Rates for Technology Licensing


By Jesse Schwartz
Published: August 16th, 2017

The just-published Determination of Royalty Rates for Technology is packed with in-depth, expert information to help you determine an appropriate royalty rate for your specific technology. You’ll find straightforward descriptions and guidance on different models used in calculating royalty rates and valuation. With this 42-page resource you’ll receive:

  • A comprehensive review of surveys, data analysis, rules of thumb, profit differential methods and discounted cash flow analysis for determining an appropriate royalty rate for technologies.
  • Guidance on the impact on royalty rates associated with exclusivity, minimum royalty payments, upfront license fees, naked patents, and royalty rates for trade secrets.
  • Examples of various methods used to establish a royalty rate range for use in licensing negotiations including
  • Royalty rate ranges and benchmarks in specific technology sectors

Act now to get this new reference packed with tables and graphics, data analysis, and how-to information on calculating royalty rates for your technologies.

For complete details and to order, CLICK HERE.

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Queensland U of Technology offers support to start-ups in creative industries through unique accelerator program


By Jesse Schwartz
Published: August 16th, 2017

The Queensland University of Technology (QUT) is running a unique innovation hub focused on technologies in creative fields. continue reading »

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Missouri U of Science and Technology professor secures patent for energy storage innovation


By Jesse Schwartz
Published: August 16th, 2017

A professor at the Missouri University of Science and Technology (S&T) has secured a U.S. patent for an innovation that could improve energy storage in applications ranging from military technology to pulse power devices. continue reading »

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U of Plymouth start-up aims to develop vaccines to address diseases transmitted from animals


By Jesse Schwartz
Published: August 16th, 2017

A University of Plymouth startup is developing new vaccines for diseases that spread from animals to humans. continue reading »

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Comings and goings


By Jesse Schwartz
Published: August 16th, 2017

The University System of Maryland (USM) has selected venture advisor and former business executive David Wise to serve as director of its early-stage startup fund. The Maryland Momentum Fund seeks to help accelerate companies that are based on technologies developed at state universities and USM-affiliated incubators. The fund has an initial commitment of $10 million from UMS, with plans to eventually raise $25 million. After retiring as CEO of the Genetics & IVF Institute, Wise served as an advisor to Abell Foundation president Robert Embry, UM Ventures, and the Lifebridge Bioincubator at Sinai Hospital.

“It is very similar to what I was doing before,” he says of his new role at the fund. “Now I’m going to focus on the entire university system and the state of Maryland.” Wise says he has already visited the multiple USM campuses and made connections, while his existing ties to the investment community will help where the fund requires a one-to-one match by external investors.

Source: Technical.ly

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