Yissum tech transfer - may 2011 2Presentation Transcript
Tech Transfer: from Academy to Industry, Business Models and Cases Ariela Markel, VP Business Development, Healthcare May 2011
2 A Heritage of Excellence 43% of Israel’s biotechnology research 30% of all Israeli academic scientific research >1/3 of PhD students in Israel 23,000 students 1,000 researchers (staff members) 1,600 Post-Graduate students in biotechnology 5 affiliated hospitals 5 Campuses 3,500 Research projects >100 Research centers Over 400 Researchers in applied sciences
3 About Yissum Founded in 1964 28 experts in the fields of: Licensing Research Collaborations Patents Legal Finance & admin Headed by Yaacov Michlin
4 Areas of Expertise Pharmacology and Medicine Agriculture Brain Research Engineering and Computer Science Nanoscience and Advanced Materials Cleantech
Identification of technologies with commercial potential.
Analysis of commercialization opportunities: market size, market players, competitive environment
Protection of the technology (IP) by patents or other tools and adequate contracts (IIA)
Research collaborations, joint ventures, services (analysis, feasibility studies, models)
Licensing of patents
Company creation (spin offs)
Participation in national projects (Magnet, others)
Internal funding for selected applied sciences projects (Baby Seed fund, etc), including joint funding.
6 Inventions providers: Our Researchers! Faculty of Humanities Faculty of Social Sciences Faculty of Science School of Business Administration Faculty of Law and Institute of Criminology School of Dental Medicine Faculty of Medicine Faculty of Agriculture School of Computer Science and Engineering School of Pharmacy Interdisciplinary Centers Truman Institute for Advancement of Peace Institute for Advanced Studies
7 The Challenge Industry Academia Product-based Business-oriented Mission/project focused Confidentiality essential Timeframes & milestones Economic role Knowledge-based Curiosity-driven Broad scope Publications No time limits Educational role
8 Intellectual Property 2010 Snapshot 120 new inventions 155 new patent applications 63 new patents granted Intellectual Property at HU Yissum owns all IP developed at HU Researchers receive 40-60% of revenues A variety of new inventions Over the years
Yissum’s Business Models According to: Technology’s characteristics: stage of development, project complexity, IP strength Market characteristics: competitive environment, key players, investment required We develop different Business Models: Collaborative Research and Right of First Offer Research and Licensing Spin-off (start-ups, incubator companies) Other types of cooperation, including consortia participation
Yissum’s Funding Initiatives 2008-2010 “Baby Seed” $1m in 2010 dedicated to seed promising technologies. Helps promising technologies cross the Valley of death Up to $ 200 K per project in the form of a “loan” Successful projects return the loan, for non successful becomes a grant
Major Types of Technology Transfer Agreements Confidential Disclosure Agreement (CDA) One-Way Mutual Material Transfer Agreement (MTA) Academic Industry Consulting Agreement Stand Alone Part of Research or LA Laboratory Services Agreement Sponsored Research Agreement Memorandum of Understanding Research & License Agreement
12 Global Reach
The Research And License Agreement The License Exclusive or non-exclusive Exclusive limited to Field is really form of non-exclusive license Territory covered by license 13
The Research And License Agreement (2) Consideration Up-front license fee Royalties Sublicense Fees Development/Other Milestone Equity Exit Fee Minimum Royalties/License Maintenance Fee Anti-shelving mechanism 14
Business Flexibility– IP Issues
Yissum is responsible for making all contractual and financial arrangements and aims to prepare agreements timely and with maximum flexibility to meet industry needs.
In typical research collaborations including licenses that include sponsored research, the research results belong to the Sponsor and the IP generated by HU researchers in the course of providing the research is exclusively licensed to the Sponsor for commercial use in its field of activity.
Yissum’s policy is to always find the way to allow industry to collaborate with HU researchers, through finding the right path of IP ownership/licensing for each project based on the subject of the research and the related Yissum background technology.
Ariela Markel Ariela.email@example.com Thank you