Research Commercialization Academy (BETA 0.01)

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RESEARCH COMMERCIALIZATION COURSE

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RESEARCH COMMERCIALIZATION INTRODUCTORY COURSE
From October 7 to November 20, 2014

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Understanding Patents and the Patent Application Process for Engineers and Scientists

Tuesdays, 8:00 to 9:30 pm ET from October 14 to November 18
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Author: Jim Hilgen


Source: delawarefirst.org


Interest: After a daylong hearing in a packed House Chamber at Legislative Hall, the Public Service Commission (PSC) unanimously approved a deal that paves the way to bring fuel cell technology to Delaware.


Link: http://www.delawarefirst.org/18847-bloom-hearing-delaware

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Author: Saybrook University


Source: triplepundit.com


Interest: In early September, U.S. President Barack Obama withdrew an EPA air-quality standard for Big Oil and the manufacturing industry that was meant to reduce ground-level ozone down from 75 parts per billion to between 60 and 70 parts per billion.


Link: hhttp://www.triplepundit.com/2011/10/president-obama-retracted-epa-ozone-standards/

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Author: Chad Lawhorn


Source: LJ World


Interest: Mencuro Therapeutics Inc. has agreed to move into the Bioscience and Technology Business Center Expansion Facility near Bob Billings Parkway and Wakarusa Drive. The company uses research developed by KU researcher Tom Prisinzano and Laura Bohn, a neuroscientist at The Scripps Research Institute in Florida. That pair teamed up with colleagues Robert Karr and Randy Weiss to launch the company earlier this year.


Link: http://www2.ljworld.com/news/2011/oct/17/medical-startup-locate-kus-biosciences-incubator/

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Author: Nick Budnick, The Oregonian


Source: Oregon Live


Interest: Scientists also were issued 12 U.S. patents, and the university also produced 49 agreements to commercialize intellectual property owned by OHSU. In all, the office spent between $3.5 million and $3.8 million to pursue commercialization, Pradhan said. The university's academic culture has shifted significantly in the last seven years, Pradhan said, adding that in 2004 his office reached 30 to 35 research agreements totaling $2.5 to 43 million dollars.


Link: http://www.oregonlive.com/health/index.ssf/2011/10/oregon_health_science_universi_4.html

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Author: Chris Reidy


Source: Boston.com


Interest: Third Rock Ventures LLC, a Boston venture capital firm, announced the formation of Sage Therapeutics, a company that looks to develop new treatments for central nervous system disorders such as schizophrenia, depression, pain, and traumatic brain injury.


Link: http://www.boston.com/Boston/businessupdates/2011/10/third-rock-ventures-launches-sage-therapeutics-with-series-financing/vobuOYoEzG1t1wbkaE7BkL/index.html

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Author: Frank Vinluan


Source: MedCity News


Interest: Triangle Research Labs, or TRL, will focus on screening drug compounds before they go into clinical studies. This predictive toxicity testing can quickly identify toxic compounds, which saves drug companies time and money in drug discovery and development.


Link: http://www.medcitynews.com/2011/10/new-cro-triangle-research-labs-formed-in-hamner-joint-venture/

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Author: Meghan Kelly


Source: Venture Beat


Interest: The Start Fund awards $150,000 to each startup brought into the incubator. Ron Conway of SV Angels and Yuri Milner of investment firm DTS have been running the show on their own since January. With Andreessen-Horowitz’s inclusion, the three will each put $50,000 of convertible debt into the pot. The amount is static and does not change per startup, everyone receives $150,000. Andreessen-Horowitz will participate in the next Y Combinator startup event at the end of October.


Link: http://venturebeat.com/2011/10/14/andreessen-horowitz-to-give-50k-to-all-y-combinator-startups-through-start-fund/

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Author: Ryan Flinn


Source: Bloomberg


Interest: The fund stands out because investors have had a harder time raising money this year. U.S. venture capital fundraising fell 53 percent to $1.72 billion during the third quarter, the lowest amount since the third quarter of 2003, according to the National Venture Capital Association.


Link: http://www.bloomberg.com/news/2011-10-17/sofinnova-raises-largest-life-sciences-venture-fund-this-year.html

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Author: Soo Kim


Source: Third Age


Interest: Georgia Institute of Technology was joined by three other major research institutions last week, in receiving a $1.8 million grant from the U.S. Food and Drug Administration (FDA) for the advancement of children’s medical devices, News Medical reported Thursday.


Link: http://www.thirdage.com/news/georgia-institute-of-technology-gets-fda-grant-for-research_10-16-2011

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Author: Rachel Curit


Source: The Maine Campus


Interest: The University of Maine Foster Center for Student Innovation recently benefited from a $3 million grant given to the state of Maine by the Blackstone Charitable Foundation. Maine Technology Institute will manage the Blackstone Accelerates Growth initiative as it supports and expands existing entrepreneurial projects in Maine.


Link: http://mainecampus.com/2011/10/16/center-gains-3m-award-to-foster-innovation/?ref=hp

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Author: Jeff Harrington


Source: New Brunswick Business Journal


Interest: The innovation centre is part business incubator, but greater part business accelerator for ideas that have already hatched. It wants to become the go-to place for budding entrepreneurs seeking expert advice, space and tools to bring their products or services to the broader marketplace. Tonya Elmore, who leads the centre and led its predecessor, STAR Technology Enterprise Center (known as StarTec), said the mission has stayed the same: to accelerate entrepreneurial success.


Link: http://nbbusinessjournal.canadaeast.com/journal/article/1448372

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Author: Adam Huras


Source: Telegraph Journal


Interest: The centre will aim to connect the ideas and knowledge of the university faculty and its students with real-world practitioners who have a pulse on an idea's relevance in the marketplace. It will focus on launching both for-profit ventures and provide catalysts for social entrepreneurship to help not-for-profit organizations incubate ideas.


Link: http://telegraphjournal.canadaeast.com/front/article/1448370

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Author: Fosters.com


Source: Fosters


Interest: Angels have significantly increased their penchant for seed and start-up stage investing, with 39 percent of Q1 and Q2 2011 angel investments in the seed and start-up stage, marking a 13 percent increase from the same period in 2010. This increase was reflected in a decrease in post-seed/start-up investing, with 60 percent of investments in early and expansion stage, compared to 70 percent in the first half of 2010.


Link: http://www.fosters.com/apps/pbcs.dll/article?AID=/20111017/GJBUSINESS_01/710179984/-1/FOSNEWS

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Author: Chuck Soder


Source: Crain's Cleveland Business


Interest: Lorain County Community College's goal is for the program to become a “Six Sigma” for investors, said Tracy Green, director of the Lorain County Community College Foundation. Roy Church, president of LCCC, agreed. He noted how the college's foundation could have used such a program before starting its Innovation Fund, which invests in startups, in 2007.


Link: http://www.crainscleveland.com/apps/pbcs.dll/article?AID=/20111017/FREE/111019880

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Author: Alex Philippidis


Source: http://www.nsba.biz


Interest: Return of companies majority-owned by venture capital firms, hedge funds, or private equity firms among key amendments.


Link: http://www.nsba.biz/docs/sbir_gen_eng_news_10_4_11.pdf

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Author: http://news.rutgers.edu


Source: http://news.rutgers.edu


Interest: The U.S. Food and Drug Administration is awarding up to $35 million to a pharmaceutical technology institute working to advance drug manufacturing.


Link: http://news.rutgers.edu/medrel/special-content/fall-2011/fda-awards-10-univer-20111006

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Author: http://ns.umich.edu


Source: http://ns.umich.edu


Interest: ANN ARBOR, Mich.—In a rare move for a university, the University of Michigan will for the first time directly invest in its own startup businesses, President Mary Sue Coleman announced today.


Link: http://ns.umich.edu/htdocs/releases/story.php?id=8594

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Author: Andy Henion


Source: http://news.msu.edu


Interest: EAST LANSING, Mich. — As Michigan attempts to transform its manufacturing-based economy, Michigan State University will create a pioneering economic development center that focuses on new ways of generating businesses and jobs.


Link: http://news.msu.edu/story/9872/

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Author: Mary Maxon and Mike Stebbins


Source: http://www.whitehouse.gov


Interest: On September 16, President Obama announced that his Administration will develop a National Bioeconomy Blueprint detailing Administration-wide steps to harness biological research innovations to address national challenges in health, food, energy, and the environment. Biological research underpins the foundation of a significant portion of the Nation’s economy.


Link: http://www.whitehouse.gov/blog/2011/10/12/building-bioeconomy

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Author: http://www.technologytransfertactics.com


Source: http://www.technologytransfertactics.com


Interest: Farther south, Arizona State University’s Venture Catalyst, in collaboration with ASU’s technology transfer arm, Arizona Technology Enterprises (AzTE), is launching a program aimed at creating start-up activity among postdoctoral researchers and graduate students.


Link: http://www.technologytransfertactics.com/content/2011/10/12/asu-launches-rapid-start-up-school-for-postdocs-grad-students/

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