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NMSU offers ‘research-only’ license to stimulate more start-ups


By Jesse Schwartz
Published: August 9th, 2017

The TechMatch program at New Mexico State University’s Arrowhead Center offers a research-only license as an incentive to get would-be entrepreneurs interested in one of several hundred technologies just waiting for someone to turn them into start-ups. It’s a key element of the program — essentially a self-serve menu of innovations backed by a web of interlocking support services designed to push products to market — but it’s just one arrow in the quiver.

“We developed two new programs, FundMatch and TechMatch, to help entrepreneurs who are interested in creating a business but don’t know what type they want to develop,” says Theresa “Terry” Lombard, MBA, director of the Office of Intellectual Property and Technology Transfer at Arrowhead Center. FundMatch “offers funding capabilities to eligible individuals who already know they’re going to take a technology and turn it into a business,” she says. “TechMatch gives them the ability to match their interests to the technologies that are available.”

The research-only license “allows them to securely and comfortably explore the technology further without the commitment of an option or a license agreement.” The best next step, she explains, may be additional development in an I-Corps prep program or taking part in a proof-of-concept accelerator program.

“You’re allowed to do research only” with the limited license, Lombard emphasizes, “not product development or creation of derivative works. It’s just for exploration of the technology.” There is, of course, “some confidentiality involved as well,” she adds.

And while each research-only agreement is “not quite custom each time,” it is, she notes, “particular to each technology.” Otherwise, she says, “the biggest way it’s different is there’s no cost involved, and with options and license agreements, there is.”

The information an entrepreneur gathers about a technology under a research-only license may, of course, result in a “no-go” decision, she emphasizes, but even that is an overall positive for the technology because the experience can provide useful information to the inventors about what the market would rather have. “The information can help accelerate the technology,” she says.

Relationship management is a key part of the program, Lombard adds. In about 30% of research-only licenses, inventors and entrepreneurs do come together to form a start-up. TechMatch not only assists in bringing the two together, but also offers help in deciding on which field of use makes the most sense based on market needs. “Like all license agreements, we have provisions to make sure technologies don’t sit on shelves,” she says, “and to make sure the start-up isn’t hurt up front.”

Says Lombard, “TechMatch is a great way for people to explore technology in a limited-risk environment without fear,” she says. “But the key is you must have fertile ground to help them grow something wonderful.”

A detailed article on the TechMatch research-only license appears in the July issue of Technology Transfer Tactics. To access the full article, along with the publication’s 10-year archive of best practices and success strategies for TTOs, CLICK HERE

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Aqua Licensing patent pool program to help large firms sell off unwanted patents to start-ups in exchange for equity


By Jesse Schwartz
Published: August 9th, 2017

Aqua Licensing, a patent advisory and transaction firm, has launched a patent pool program that targets start-ups seeking defensive intellectual property, selling them that protection not for cash but for equity. continue reading »

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Webinar tomorrow: Marketing Strategies that Attract and Engage Industry Partners


By Jesse Schwartz
Published: August 9th, 2017

Seeking out and establishing industry partnerships shouldn’t wait until an innovation is patented — it should start at disclosure, and the marketing opportunities and efforts must continue to evolve with the technology through the pipeline. Re-evaluating the market space at critical intervals during the evolution of the technology, and involving multiple parties, dramatically increases your chances of getting your innovations to the marketplace.

That’s why we’ve scheduled a targeted, practical webinar program that will provide you with a wealth of how-to advice on developing your marketing strategies to attract and secure solid, long-term industry partnerships.

Technology Transfer Tactics’ Distance Learning Division is partnering with two in-the-trenches experts from Emory University’s Office of Technology Transfer — Marketing Manager Quentin Thomas and Assistant Director of Licensing Cliff Michaels — to share their best practices for attracting lucrative corporate sponsorship agreements. Join them this Thursday, on August 10 for Marketing Strategies that Attract and Engage Industry Partners.

For complete program details and to register, CLICK HERE.

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Mayo Clinic links with start-up to develop thin film brain implant that can treat seizures and tremors


By Jesse Schwartz
Published: August 9th, 2017

The Mayo Clinic is collaborating with medtech startup NeuroOne to develop an implantable device to treat epilepsy, Parkinson’s disease and other brain disorders. continue reading »

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Kyoto start-up readies commercialization of mass-produced platelets from iPS cells


By Jesse Schwartz
Published: August 9th, 2017

A Kyoto-based medical start-up based on technology developed at two of Japan’s leading universities said Monday it intends to commercialize what it believes to be the world’s first method for mass-producing blood platelets from induced pluripotent stem cells, better known as iPS cells, opening new possibilities for controlling bleeding after accidents or surgeries. continue reading »

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St. Jude Children’s teams up with Serum Institute of India to commercialize RSV vaccine


By Jesse Schwartz
Published: August 9th, 2017

St. Jude Children’s Research Hospital and Serum Institute of India have teamed up to develop and commercialize a vaccine against respiratory syncytial virus (RSV), which causes serious lower respiratory infections. RSV is particularly dangerous for infants, but currently there are no approved vaccines on the market. Under the research and development partnership, Serum Institute of India will undertake clinical trials of the patented vaccine known as SeVRSV, which was initially developed at St. Jude. continue reading »

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5th edition of Royalty Rates for Trademarks & Copyrights available


By Jesse Schwartz
Published: August 9th, 2017

The 5th Edition of Royalty Rates for Trademarks & Copyrights is a must-have reference providing you with a readily accessible guide to royalty rate information for trademarks and copyrights based on over 320 real-world transactions. This unique reference contains more pricing information than any other publication, based on research by Russell Parr, one of the world’s leading royalty rate experts.

Transactions featured identify the property licensed, the royalty rates, the licensor, and the licensee, as well as details on outright sales, infringement damage awards, and settlements. You’ll also find financial models for determining royalty rates, with examples presented so they can be used as templates for your specific situation.

For complete details and to order, CLICK HERE >>

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DHS tech transfer program accelerates Johns Hopkins technology that analyzes malware from cyberattacks


By Jesse Schwartz
Published: August 9th, 2017

The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) Transition to Practice (TTP) program is helping to accelerate the commercialization of a Johns Hopkins technology that streamlines the process of detecting and analyzing cyberattacks. continue reading »

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Hebrew U professor spins out ‘liver-on-a-chip’ that can detect unexpected side effects of drugs and cosmetics


By Jesse Schwartz
Published: August 9th, 2017

A professor from Hebrew University of Jerusalem has spun out a novel “liver-on-a-chip” technology that can predict the toxicity of new drugs seeking FDA approval. continue reading »

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Duke spinout wins NSF grant to commercialize disruptive diagnostic method


By Jesse Schwartz
Published: August 9th, 2017

A Duke University start-up is looking to disrupt the point-of-care diagnostics industry by taking advantage of a feature that’s typically considered a defect: surface roughness. continue reading »

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Rutgers start-up is repurposing gum disease bacteria to treat cancer


By Jesse Schwartz
Published: August 9th, 2017

A Rutgers University researcher is using a bacteria that causes tooth disease to develop a cancer-fighting therapy. continue reading »

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U of New Mexico start-up receives the first orders for its head injury-tracking device for sports


By Jesse Schwartz
Published: August 9th, 2017

A start-up from the University of New Mexico (UNM) is getting its first orders for its wireless head-impact monitoring technology for sports applications. continue reading »

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