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Energy Biosciences Institue named "Deal of Distinction" by tech-transfer group
Date:11/10/2008

the Industry/University and Government Laboratory Transactions sector of the organization, the EBI contract is "unique in scope and represents an innovative model for collaboration between academia, government labs and industry."

"This deal enables the partners to leverage complementary skills, expertise and resources in a way that has the potential to result in the development of novel energy sources and solutions that could significantly benefit the global community," said White.

Long noted that the universities' collaboration with BP was less restrictive than other partnerships of its kind.

"It's actually the largest industry single-investment in public universities in this country so far," said Long. "The intellectual property and any patents which develop from this work belong to the university. The integration of university and BP employees within the Institute is unique and heralds a very different model of academia-industry collaboration."

Awards also were given in four other sectors of the organization, representing consumer products; chemicals, energy and materials; health care; and high technology.


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Contact: Melissa Edwards, Institute for Genomic Biology at Illinois
mme@illinois.edu
217-333-0873
University of Illinois at Urbana-Champaign
Source:Eurekalert  

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