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Technology Transfer Tactics

Technology Transfer Tactics, September 2021

Technology Transfer Tactics, September 2021The following is a list of the articles that appear in the September 2021 issue of Technology Transfer Tactics monthly newsletter.

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Technology Transfer Tactics
Vol. 15, No. 9, September 2021

  • Sublicensing terms must strike right balance between university rights and licensee needs. With myriad ways to go about sublicensing and the potential for the complications involved spoiling a license agreement, university TTOs may put off the question entirely and wait until the issue is forced by a sublicense request. Or they sometimes will establish sublicensing terms up front that seem simple and straightforward, but which actually hinder revenue opportunities.
  • Direct billing streamlines process and saves TTO time and money. About five years ago, Dr. Martin Haardt at the University Health Network (UHN) in Toronto, Canada, had a bit of an epiphany. Haardt, who now is UHN’s senior patent and intellectual property manager for technology development & commercialization, had analyzed various timelines and financial aspects relating to IP protection, licensing, and revenue. The results of his review were intended for office-wide education, but they crystallized for him the amount of time — and, therefore, money — devoted to handling ongoing billing transactions between patent licensees and attorneys.
  • A novel model for getting early-stage life sciences IP across the Valley of Death. Funding for early-stage university life sciences research is a well-known challenge. Some research may get picked up for further development by ad hoc or competitive funding mechanisms, and occasionally some might get picked up into single-asset companies or by early investors. But by and large, a considerable amount of early-stage life sciences research languishes in the “Valley of Death.”
  • Keen attention to detail can prepare you for more successful royalty audits. It may not literally be “found” money, since it is money that is truly owed to your TTO, but a well-run royalty audit can potentially add hundreds of thousands of dollars in revenue to your bottom line, according to Karen Wang, CPA/CFF, CVA, director at Stout, a firm that focuses on litigation consulting and royalty/contract compliance audits.
  • College Ventures Network aims to level the playing field for student start-ups. A consortium of more than two dozen student-led accelerators from the United States, Canada, and the United Kingdom this summer launched College Ventures Network, a global coalition that hopes to link student start-up founders with the money and support they need – but so often can’t access.

Posted September 14th, 2021