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Brown University, affiliated hospitals strike IP agreements
Date:3/25/2013

PROVIDENCE, R.I. [Brown University] Under a recent agreement announced today with Lifespan, Brown University's Technology Ventures Office (TVO) will provide selected IP management and commercialization services to the state's largest health care system. Brown also recently expanded its relationship with Care New England, bringing together in one place much of the licensable life science intellectual property developed by scientists across each institution, University and hospital officials said.

The two health care systems and Brown's Division of Biology and Medicine earned $200.3 million worth of biomedical research in fiscal year 2012. In addition, several other academic departments at Brown, such as chemistry, conduct significant amounts of life sciences-related research. At the University and the hospitals, such research produces discoveries and inventions every year.

The new agreement with Lifespan calls for Brown to provide the health care system with IP identification, reporting, protection, marketing, licensing, and business development services for selected new discoveries made by hospital-based scientists. Late last year, Brown expanded a similar arrangement it had with Care New England's Women & Infants Hospital to cover the other Care New England hospitals Butler Hospital and Kent Hospital.

"Providence's collectively growing biomedical enterprise has a lot to offer the world, and Brown has the expert staff and relationships to help connect our state's scientists with the opportunities their ingenuity creates," said Brown Provost Dr. Mark Schlissel. "We are pleased to work with Lifespan and Care New England to bring new discoveries to the marketplace where they can help patients in need."

Lifespan's hospitals include Rhode Island Hospital and its Hasbro Children's Hospital, The Miriam Hospital, Bradley Hospital, and Newport Hospital. Care New England operates Women & Infants Hospital, Butler Hospital, and Kent Ho
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Contact: David Orenstein
david_orenstein@brown.edu
401-863-1862
Brown University
Source:Eurekalert

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