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The USC Stevens Institute for Innovation Opens Shop on US Health Sciences Campus
Date:10/8/2007

Branch Office and Expanded Team Demonstrates

USC's Increased Commitment to Research Advancements in Health Science;

Positions USC to Strengthen and Leverage

Robust Life Science Industry in Los Angeles

LOS ANGELES, Oct. 8 /PRNewswire-USNewswire/ -- In a move that demonstrates the University of Southern California's strengthened commitment to advancing breakthrough research in the biosciences, the USC Stevens Institute for Innovation announced today the opening of an office in the new Harlyne Norris Tower at USC's Health Sciences Campus (HSC). Functioning as a satellite office, USC Stevens at HSC will specifically service the HSC community of innovators through community-building events, showcase opportunities, and tech transfer activities, and will unify innovation advancement activities throughout the University.

Just a short walk from most HSC laboratories, this office will enable the growing USC Stevens HSC team to more effectively and efficiently service the faculty members and researchers in the HSC schools including the Keck School of Medicine, USC School of Pharmacy, and USC School of Dentistry. The USC Stevens HSC team includes five full-time staff, growing to nearly 10 by year's end. Additionally, USC Stevens Director of Licensing, Joe Koepnick, will split his time between the two campuses.

Noting that 42 percent of the University's licensing revenue comes from inventions and patents developed at the Keck School of Medicine at USC, Provost C.L. Max Nikias called the satellite office "a strategic development in line with the University's mission to enhance and foster innovation across all disciplines for maximum societal impact."

"By opening a USC Stevens office on the Health Sciences Campus, USC further demonstrates its intention to provide leadership in the medical and biological sciences revolution that will reshape our society in coming decades," Nikias added. "We are creating a model that will strengt
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SOURCE University of Southern California
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