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Cold Spring Harbor Laboratory Appoints Teri F. Willey to Accelerate Commercialization Efforts
Date:9/10/2013

Cold Spring Harbor, NY (PRWEB) September 10, 2013

Cold Spring Harbor Laboratory (CSHL) today announced that Teri F. Willey has been appointed Vice President of Business Development and Technology Transfer. In this newly created position, Ms. Willey will direct the Laboratory’s commercialization and technology transfer activities, including patenting, licensing, company start-ups, and corporate partnerships and collaborations.

Ms Willey joins CSHL from Mount Sinai Medical Center, where she successfully led the center’s technology transfer and business development efforts. John Maroney, who previously had responsibility for technology transfer activities, will continue in his role as General Counsel.

Ranked #1 in the world for research impact in the fields of molecular biology and genetics, CSHL has a rich history of biomedical discovery and technology advancement and has sparked more than 20 start-up biotech companies -- including one of Long Island’s biggest pharmaceutical success stories, cancer drug developer OSI Pharmaceuticals, which was recently acquired by Astellas.

“CSHL’s transformative discoveries over many years in such areas as cancer, autism and other neuropsychiatric disorders, genome analysis, plant biology, and biofuels have significant commercial applications that will improve diagnostic and therapeutic approaches in the clinic as well as in agriculture and energy production,” said CSHL President Bruce Stillman. “The appointment of Teri Willey to this new position will ensure that our research advances are applied to society’s biggest challenges in healthcare, the environment, and world hunger and will enable us to maximize the economic potential of the biomedical research cluster on Long Island. Ms. Willey has an outstanding reputation and track record, and we are extremely pleased to welcome her to CSHL.”

“Underlying the strength of Long Island’s biomedical research cluster ar
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