commercializing inventions at baylor research, technology inventions baylor licensing group bcm...

Commercializing Inventions at Baylor

Research, Technology Inventions

Baylor Licensing

Group

BCM Technologies,

Inc.

Bayh-Dole Act

• Enacted in 1980

• Allowed universities to retain title to inventions developed with federal funds

• Foundation of university technology transfer

• Before 1980 discoveries were rarely commercialized

• In FY 2003:

– 472 new commercial products launched

– 4,516 new licenses & options executed

– $1.310 billion net license income

What does Commercialization REALLY Mean?

• Transfer of research results, findings, and discoveries to the marketplace to benefit patients and the public

• Possible outcomes

- License agreement

- Start-up company

• Both BLG and BCMT act as catalysts in this process.

Academic Responsibilities

• Conduct research to benefit the public good

• Commercialize research results as mandated by the Bayh-Dole Act – (Baylor owns inventions)

• Properly report federally funded inventions

• Properly report and follow contractual obligations for industry-sponsored research

What and When to Disclose?

• What? – Technology that solves a problem or improves a process (e.g., cell lines, clones, vectors, transgenic or knockout animal models, diagnostic probes, research tools, therapeutics, devices, software, educational materials).

• When? – Before publication or presentation – Journal– Poster/Abstract– Seminar– Meetings

• Questions? Please call 798-6821.

BLG Responsibilities

• Processing of Invention Disclosures– Assignment of rights to institution– Contributing parties and funding agencies– Initiates federal reporting

• Licensing of Technologies/Inventions– Patenting, if necessary– Market research and marketing– Negotiation and legal review of documents– Coordination with BCMT

• Reporting of ongoing federal obligations

• Maintenance of license agreements

• Receipt and processing of licensing income

BLG Responsibilities

License Income Sharing

• Foundations and other sponsors

• Inter-institutional agreements for joint inventions with other universities

• Favorable sharing arrangement with inventors

– 50% of Net Income to the inventors

BLG Accomplishments

During this past fiscal year (’05), BLG executed 45 license and option agreements with commercial partners.

Revenue from licensing activity totaled $7.49 million in fiscal ’05. Much of this revenue represents royalty income from deals that were executed years ago.

50% of Net Income goes the developers of the licensed technology.

What about other Agreements?

• Confidential Disclosure Agreements (CDAs)

• Sponsored Research Agreements (SRAs)

• Material Transfer Agreements (MTAs) to academics

– Paul Kendall, Ramona Mangrum and Lisa Potts

• Office of Research, Barbara Cochran’s Group (713) 798-1297

Baylor Licensing Group

http://www.bcm.edu/blg/

• Lynne D. Schaefer, Director

• Stewart N. Davis

• Larry Hope

• Terese Rakow, Ph.D.

• Michael Dilling, Ph.D.

• Lisa Beveridge

Phone: 713 798-6821