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MU signs $5 million agreement with Coulter Translational Research Partnership Program
Date:6/21/2011

. "In my case, the award helped us develop the apparatus, define it and make it more accurate. The Coulter Foundation also provided services such as an intellectual property analysis. While one law firm studied the patent landscape regarding the technology, another firm helped us develop a business plan. We also had an opportunity to talk with other scientists who had received the award and go to seminars to learn about business and commercialization issues."

"This is affirmation and validation of our efforts toward economic development," Duncan said. "Being given this award identifies us as one of the few institutions in the country that has the resources to move new discoveries into products that will benefit health professionals and patients. The faculty and staff on our campus have worked hard and long to achieve this recognition. This is a testament to the interdisciplinary research that occurs at Mizzou."

In FY 2010, MU received more than $9.5 million in licensing revenue, which includes royalties and licensing fees. MU also licensed 38 new technologies for commercialization, and filed 57 patent applications in FY 2010. MU officials are expecting the number of new licenses to increase over the next fiscal year.


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Contact: Mary Jo Banken
BankenM@missouri.edu
573-882-6212
University of Missouri-Columbia
Source:Eurekalert

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