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Medical College gets support to expand technology commercialization

MILWAUKEE -- Five Wisconsin-based businesses and organizations have formed a unique $2.5 million loan pool that will support the efforts of the Medical College of Wisconsin Research Foundation (MCWRF) to expand its technology transfer and commercialization activities. The foundation announced the funding along with the formation of a new Division of Marketing and Licensing, whose primary purpose w......

Full article >>> accelerate technology transfer.

A little help from their friends

The idea to enhance the foundations revenues and resulting creation of the loan consortium has been in the works for almost two years.

We looked at where we were at in terms of our revenue, staff and licensing activity and compared our foundation to comparable free-standing medical institutions thro......

Full article >>> er revenues and new company formation. The MCWRF manages a portfolio of U.S. and foreign patents covering 50 core technologies, with patents pending for 45 additional discoveries. The Medical College technologies are currently licensed to 40 companies.

According to Hill, The launch of the new division will enable MCWRF to more proactively market and license our intellectual property and c......

Full article >>> veries and related technologies that may have commercial potential as well as providing general guidance to Medical College researchers and staff on the commercial viability of technologies that might form the basis for new businesses.

Funds will also be used to improve existing back office systems and standard operating procedures for identifying, assessing, protecting, marketing and lic......

Full article >>>
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Source:wistechnology.com By Mike Klein 03/03/04


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