Fiscal Year Annual Report. Dartmouth College Technology Transfer Office

Transcription

1 Fiscal Year 2011 Annual Report Dartmouth College Technology Transfer Office

2 From the Director Welcome to the Technology Transfer Office FY11 Annual Report. This has been a very busy year for our office. In spite of the sluggish economy, we were able to secure 6 new licenses, including one to local start-up ImmuNext, Inc., and generate $6,474,957 in license revenue for Dartmouth, as well as $2,131,791 in sponsored research from industry. The TTO staff remained active in the Association of University Technology Managers (AUTM) and the Ivy League technology transfer group, Ivy Tech. Ivy Tech expanded from the original eight Ivy League universities to six more prominent academic institutions University of Chicago, Johns Hopkins, MIT, University of Rochester, Stanford, and Washington University. This expansion provides the invaluable benefit of shared best practices and common problem solving experience to our office. Thus, inspired by successful reports from the field, in our efforts to affirm collegiality, scientific progress and sharing of research tools, as required by federal regulations, Dartmouth along with the other Ivy League schools and major universities joined the non-profit MTA treaty. The treaty is the result of a Stanford University initiative to provide research materials to other non-profits without an accompanying Material Transfer Agreement (MTA). This endeavor allows participating universities to reduce bureaucracy and fosters scientific cross-campus collaborations. TTO also shares its best practices and successes of dealing with the private sector with our peers nation-wide. We gave very much appreciated permission to post templates of our various agreements with industry on the AUTM web site and discussed our engagement with private foundations at the most recent Ivy Tech gathering. In turn, our office will greatly benefit from utilizing AUTM s latest web-based resource to accelerate industry licensing and commercialization of university technologies, the Global Technology Portal (GTP), which was launched at the 2012 AUTM Annual Meeting. The following pages present further details of our activity, as well as numerical data. As always, we welcome your questions and comments. Alla Kan Director, Technology Transfer Office

3 FY11 at a Glance Invention Disclosures 56 Total Active Licenses Concluded in FY Sponsored Research and other Non-License Agreements 331 Revenue Generated License Revenue Sponsored Research and other Non-License Agreements Sponsored Research Revenue Generated from License Agreements Legal Expenses Reimbursed by Licensees $6,474,957 $1,531,791 $600,000 $256,034 Mission Statement The Technology Transfer Office serves as a focal point of interaction between industry and academic research on Dartmouth campus by transferring technology, originated in the College and its professional schools, to the private sector for the benefit of the general public and by contributing to the educational, research and public service missions of Dartmouth College. Licensing In FY11 the TTO handled 122 active license and option agreements. Six of these agreements were concluded in FY11, one of which was to local start up company ImmuNext, Inc. License agreements generated $6,474,957 in license revenue. Technology Transfer Office 1

4 Invention Disclosures During FY11, the TTO staff handled 56 invention disclosures. The distribution of these disclosures by units is presented on this chart. Thayer, 14.29, 25% DMS, 30.21, 54% A&S, 11.5, 21% Research Enterprise Support The TTO oversees numerous types of collaborations with industry on Dartmouth s campus, including industrially sponsored research, testing, screening, confidentiality and material transfer agreements. The office also assists in establishing industrial collaborations via Federal and State government business assistance mechanisms, such as Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), and New Hampshire Innovation Research Center (NHIRC) programs. These various collaborations with the private sector resulted in 331 non-license agreements handled by the TTO in FY11 and brought $2,131,791 of sponsored research to campus. The chart below presents the distribution of all these agreements by category with the dollar amounts generated, where applicable FY11 Non-License Agreements Total = Assignment Confidentiality Consulting 1 Copyright Interinstutional 1 2 Intellectual Property IRC $398,235 $831,468 $784,247 $112,841 $5, Letter of Understanding Material Transfer SBIR SRA STTR Software Use Testing

5 Patenting Twenty-seven patents were issued to the Trustees of Dartmouth College in FY11 and 140 patent applications were filed. Territories in which patents were issued and categories of filed applications are summarized in this table. Patent Issuance at Ivy league Universtities In a recently published report Patenting Trends at Ivy League Universities, , Dartmouth s patent issuance rates in the United States is one of the highest (see bar chart), and Dartmouth is found to be the only Ivy League university to consistently achieve an issuance rate greater than 50% in the European Patent Office. Total Filed Total Issued U.S. Provisional 31 PCT 27 U.S. Regular 6 U.S. Continuation 10 U.S. Continuation in Part 2 Australia 1 Brazil 2 Canada 2 China 1 Colombia 4 EPO 1 Eurasia 1 India 1 Indonesia 1 Israel 2 Japan 2 Korea 1 Malaysia 1 Mexico 1 New Zealand 1 Philippines 1 South Africa 1 Singapore 1 Vietnam 13 U.S. Regular 3 U.S. Continuation 2 U.S. Continuation in Part 3 U.S. Divisional 2 Canada 2 EPO 2 Japan Chart and Report by Kathryn Paisner, Director of Research at IP Checkups. IP Checkups is a boutique patent research and consulting firm, located in Berkeley, CA. Reproduced and quoted here with permission. Technology Transfer Office 3

6 Local Economic Development and Start-up Activity Throughout the years a number of Dartmouth originated technologies were licensed to start-up companies that were dependent on licensing these technologies for their formation. A few of these companies were acquired by Big Pharma; Medarex by Britol-Myers- Squibb, GlycoFi by Merck, Idun Pharmaceuticals by Pfizer, etc. Some Dartmouth start-ups are located in other states, but the majority are successfully operating in the Upper Valley. Dartmouth start-ups in the Upper Valley currently provide 121 jobs for local economy. Dartmouth s TTO continues to be a satellite of the New Hampshire Innovation Research Center (NHIRC), a matching grant program in the State of New Hampshire which connects state companies with academic resources. To find out more about the NHIRC, go to Dartmouth start-ups in the Upper Valley currently provide 121 jobs for local economy. The NHIRC was created in 1991 by the New Hampshire Legislature, designating $500,000 annually to increase collaboration, technology development and innovation between New Hampshire businesses and universities. Businesses match their project awards to fund research which often leads to new products and processes. The TTO Director was instrumental in bringing this program into being. Outcomes from NHIRC for New Hampshire include: Increased competitiveness and profitability for businesses. An increase in the tax-base and in the number of quality jobs. Additional funding from venture capitalists. Federal funding of Small Business Innovation Research (SBIR) awards. Federal funding (EPSCoR) for NH educational institutions. Compliance with Government Regulations TTO is responsible for Dartmouth s compliance with the government regulations pertaining to academic technology transfer. Our office was on the forefront of implementation efforts for the NIH Edison reporting system in the mid-90s, and was one of the pilot sites when Edison was first deployed in With the addition of NSF and USAID came the introduction of Interagency Edison (iedison). The TTO Office Manager and MTA Coordinator recently visited the Washington, D.C. offices of NIH to get a personalized briefing on the latest developments and upgrades to iedison. Our staff works closely with the Office of Sponsored Projects in coordinating Invention Agreements database compilation to fulfill Bayh-Dole Act (P.L ) requirements. We also ensure that Dartmouth s Confidentiality and Material Transfer agreements contain necessary Export Control provisions as appropriate. 4

7 Participation in campus-wide activities The TTO Director participated in a Creating Value with IP panel at the 6th annual Tuck Private Equity and Growth Ventures Conference. The TTO Assistant Director conducted workshops on academic technology transfer to Thayer School graduate students in Engineering 197 and 188 classes and to the Office of Sponsored Projects staff. The Assistant Director is an active member of various committees dealing with IP and innovation on Dartmouth campus. She represents TTO on the Dartmouth Center of Cancer Nanotechnology Excellence (DCCNE), Translational Research and Commercialization Advisory Committee, and the college-wide Conflict of Interest (COI) Committee. In this reporting year she served on the COI Task Force convened specifically to make recommendations on how best to implement the new National Institute of Health conflict of interest regulations. We were fortunate to have a second-year Tuck MBA candidate as an intern this past spring and summer to assist with TTO s marketing efforts in identifying targeted groups of companies potentially interested in Dartmouth s technologies available for license. Our Staff The TTO staff is proud to present this Report and looks forward to continuing our support of research enterprise on the Dartmouth campus. Technology Transfer Office Pictured from left to right: Lisa Ford, Office Manager, Glennis Gold, Assistant Director, Janet Shepler, MTA Coordinator, Alla Kan, Director, Shari Gonyea, Administrative Assistant 5

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