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The CAI, NIH & NCI Partnership: The NCI Invention Portfolio for High Commercial Potential Based on CAI’s Proprietary and Rigorous Business Market and Scientific Criteria
Date:8/1/2013

Bethesda, Maryland (PRWEB) August 01, 2013

The Center for Advancing Innovation, INC (CAI), a globally focused private-public partnership with an over-arching mission to drive successful innovation entered into a Partnership Intermediary Agreement (PIA) with the National Institutes of Health’s (NIH) Office of Technology Transfer (OTT) and the National Cancer Institute (NCI) Technology Transfer Center (TTC).

As a partnership intermediary for NIH OTT and the NCI, the team from CAI, which includes over 20 Ph.D.s, MBAs and other analysts, is assisting the NCI and NIH to accelerate the commercialization of NCI technologies. Using CAI’s robust and unique portfolio assessment model, the partners are working together to evaluate the NCI patent portfolio consisting of thousands of NCI intramural technologies in the areas of drugs, vaccines, therapeutics, diagnostics and medical devices. Through this assessment model, CAI, NCI and NIH have worked together to identify those inventions anticipated to have significant impact on the public health. Recently we reached a significant milestone, as we have identified the top 50 near-term, commercially viable inventions. CAI will also coordinate interest with small businesses, the biopharmaceutical industry and educational institutions to match NCI technologies for possible collaboration and transfer for commercialization.

According to Tom Stackhouse, Associate Director of the Technology Transfer Center at NCI, the NCI TTC and NIH OTT will be working with CAI to accelerate and increase the volume of commercial development and licensing of innovative technologies coming from the NCI and NIH intramural research programs. He also noted that NCI is already seeing the benefit from this partnership via several new opportunities between potential licensees, collaboration partners and NIH inventors.

“CAI’s partnership with the NIH and NCI is an ideal foundation to commercialize
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