NewModelsforLicensingUniversityInnovations

AgendaLicensing

University– IndustryCollaborations

Entrepreneurship

CaseStudy

LicensingCo-Marketing◦ PurdueUniversity-Hanyang University(South Korea)

RoyaltyFreeLicensing◦ UniversityofMinnesota

InstantAccessLicensing◦ UniversityofGlasgow◦ UniversityofNorthCarolina◦ SouthAfricanuniversities◦ Over25universitiesglobally

LicensingTechnologyPortals◦ OregonHealth&ScienceUniversity◦ Manyotherportalsarenoteffective

GapFunding◦ UniversityofUtah◦ Over150universitiesintheUS

TechnologyTransferHubs◦ Francevalorizationorganizations◦ Chile

LicensingIdentifytheneed

Make transactionseasy

Increaseaccess/availability

De-riskthetransaction

De-riskthetechnology

University– IndustryCollaborationsCelgene, JohnHopkinsUniversity,UniversityofPennsylvania,ColumbiaUniversity,Mt.SinaiUniversity◦ Focusoncancer andinflammatorydisease◦ Tenyears◦ $12.5mtoeachinstitution foroption◦ “Theactiveandcoordinatedengagement,creativethinkinganduniqueperspectivesandexpertiseofeachinstitutionhavemadethiscollaboration areality.Oursharedvisionandunifiedapproach tobiomedical research,discoveryanddevelopment,combinedwithCelgene’s vastresearch,developmentandglobalcommercialexpertise,willenableustoacceleratethedevelopmentanddeliveryofnext-generationcancertherapiestopatientsworldwide.”

University– IndustryCollaborationsFreeInnovationSupport byUniversityofDerby,NottinghamTrentUniversity,UniversityofNottingham◦ $29mtoenableinnovation◦ 2000local SMEs◦ Boostinvestmentinresearch◦ Mentoring◦ “Thisisareallyexcitingopportunitytomeetwithnewbusinessesandsupport theirideasforinnovation.Itisourhopeandintentionthatmanyofthesecompanieswillstartanongoingrelationshipwiththeuniversitythatcouldprovideinterestingopportunities forknowledgeexchange,graduateemploymentandexperientialteachingandlearningwhilealsosupporting localeconomicgrowth.”– Mike Carr,Provicechancellor,NottinghamTrentUniversity

University– IndustryCollaborationsGlaxo SmithKline– AvalonVenture- DiscoveryPartnershipswithAcademia◦ Co-investment◦ Universityinnovations fasttransition intostartups◦ Quickshutdownofstartups◦ Developmentexpertiseandclinicalexpertise◦ Management◦ Incubate(COIPharmaceuticals)◦ Milestones◦ Acquisition byGSK

University– IndustryCollaborationsUniversityofKansas– Bionovus

University ofPennsylvania–DimensionTherapeutics

Wistar Institute– Inovio

University– IndustryCollaborationsRecognitionofdifferentexpertise

Increasingcompetitiveenvironmentforgrantfunding

Mutualbenefit

Beginwithresearchtoleadtocommercialization

Acceleratedevelopment

Technologytransfer– sponsoredprograms

EntrepreneurshipVirginiaCommonwealthUniversity◦ Preaccelerator program◦ 16student teams◦ $5,000stipend◦ Threemonth intensiveprogram

Oregon Health&ScienceUniversity◦ Springboard Program◦ $5,000 to$10,000◦ Matchingandmentoring◦ Knowledgeacquisition◦ 5years,$120,000,$29mingrantfunding andequity investment

EntrepreneurshipUniversityofArizona◦ Tech LaunchArizona◦ Prelicenseassistance◦ Mentoring◦ Angelnetworks

CornellUniversity◦ RunwayProgram◦ Targetpostdoctoralfellows◦ Viewasinvestment◦ $150,000,5%equity

EntrepreneurshipPurdueUniversity◦ Partnershipwithconsultingcompany◦ Funnel leadershipandmanagement tostartupcompanies

UniversityofDelaware◦ Spin inprogram◦ Student teams◦ Localbusinesses

EntrepreneurshipUniversityofIllinois◦ Bachelor’sdegreeinentrepreneurship◦ Dualdegree◦ Engineering, computerscience,physics◦ Otherdisciplines◦ 25-30studentsperyear◦ SeveraluniversitiesinEuropeoffer thisalready

IowaStateUniversity◦ Agricultural technologyaccelerator◦ Managedbyinvestors◦ Facultyandstudents

EntrepreneurshipIncreasingfocus

Infrastructure

Mentoring

Management

Capital

LicensingCaseStudyOregonHealth&ScienceUniversityTechnologyPortal◦ Determinethepurpose◦ Select thetechnologies◦ Createtherightagreementinstruments◦ Establishapricingmodel◦ Establishtheadministrativerules

CreatingaNovelProgramInstitutionalSupport

InstitutionalDrivers

Innovation Ecosystem

Faculty/StudentEnthusiasm

ThankYou

Arundeep S.Pradhan,PresidentApio, LLCarundeep@apiopartners.com+1.503.335.6998Office+1.503.360.3723Mobile