Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
April 5, 2016
Three major functions
Licensing intellectual property
Invention disclosures, patents, copyrights, proprietary materials
Ma...
A man-made creation that has
commercial value and can be protected
by law. Intellectual Property law
protects inventions a...
UAMS researchers regularly deal with issues of Intellectual Property,
ours or others
Many of the innovations, inventions, ...
Copyright Trademarks
Trade Secrets Patents
Protects sound recordings, paintings, visual expressions of an idea,
written works, forms and software
Copyright protectio...
Trademark protection covers a word, name, symbol, or
device, which is used to distinguish the goods of one
person from goo...
Information that has actual or
potential economic value
because it is not known or
readily ascertainable by others
The per...
A patent is the legal protection of an invention. A patent is not
automatically granted when the invention is created. An ...
Provides the legal framework for transferring university generated,
federally funded inventions into the marketplace
In re...
Research that is funded either
partially or fully by the Government
The inventor is required to disclose
government sponso...
Bayh-Dole act (1980) allowed institutions
to patent discoveries made with federal $--
but caveats attached to licensing th...
X
Disclose/publish
Submit
Invention or
Copyright
Disclosure
BioVenturesDisclose/publish
X
Intellectual Property Licensing
Technology/asset assessment
Prior art/competition
Market assessment
IP prosecution managem...
Spin off companies
Resource for company formation with SBIR or STTR funding
Assistance with business plan drafting
Introdu...
Know How Spinoff Companies
CTEH
eDoc America
Copyright Spinoff Companies
HD Nursing
Naptime Academy
Trademark Spinoff Comp...
Incubator Facility
401 South Cedar Street
27 Received
12 Provisional applications
5 Non-provisional applications
4 Copyright registrations
6 Returned to inventors
Seven license agreements completed
Three to spinoff companies
One for hospital technology developed by RN and a surgical t...
For the first time since BioVentures was established, IP revenues
exceeded $2 million
Total = $2.3 million
Contacts
For intellectual property and licensing
Nancy Gray (nmgray@uams.edu)
Joe Underwood (junderwood@uams.edu)
Spin-off...
Bio ventures presentation   introduction
Bio ventures presentation   introduction
Upcoming SlideShare
Loading in …5
×

Bio ventures presentation introduction

178 views

Published on

This seminar will cover intellectual property basics, the UAMS process for protecting intellectual property and the commercialization process. Participants should have a better understanding of intellectual property matters and the role of BioVentures in managing and commercializing property.

Published in: Career
  • Be the first to comment

  • Be the first to like this

Bio ventures presentation introduction

  1. 1. April 5, 2016
  2. 2. Three major functions Licensing intellectual property Invention disclosures, patents, copyrights, proprietary materials Marketing and licensing to third parties Developing spin-off opportunities Intellectual property, people, money Managing BioVentures incubator
  3. 3. A man-made creation that has commercial value and can be protected by law. Intellectual Property law protects inventions and creative expressions Examples of Intellectual Property include: art, music, medical devices, company logos, medicine, and methods of manufacturing
  4. 4. UAMS researchers regularly deal with issues of Intellectual Property, ours or others Many of the innovations, inventions, and improvements developed in our facilities can be protected under Intellectual Property law As a UAMS employee or student, you may be directly involved with generating Intellectual Property All employees and some students are required to assign such Intellectual Property to UAMS if: UAMS pays you a salary/stipend or your research is supported by UAMS The Intellectual Property relates to your role at UAMS
  5. 5. Copyright Trademarks Trade Secrets Patents
  6. 6. Protects sound recordings, paintings, visual expressions of an idea, written works, forms and software Copyright protection gives the owner the right to: Reproduce the work Prepare derivative works Distribute or sell copies of the work Publicly perform or display the work Perform the work by means of audio transmission Moral rights in the work (if the work is a visual art)
  7. 7. Trademark protection covers a word, name, symbol, or device, which is used to distinguish the goods of one person from goods of others Trademark protection is also used to identify the source of goods Trademarks are categorized as: Service marks, certification marks, collective marks, and indications of origin
  8. 8. Information that has actual or potential economic value because it is not known or readily ascertainable by others The person/organization in possession of the secret must use reasonable efforts to keep it a secret There is no registration process for a trade secret so a secret must always be closely guarded in order to have protection
  9. 9. A patent is the legal protection of an invention. A patent is not automatically granted when the invention is created. An inventor must apply for patent protection Patent protection extends to any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement Patent protection essentially covers “anything under the sun that is made by man”
  10. 10. Provides the legal framework for transferring university generated, federally funded inventions into the marketplace In return for federal funding, UAMS is required to provide the following: A written agreement to disclose inventions and assign them to UAMS from all employees UAMS is obligated to disclose each new invention made with federal funding to the government UAMS must make reasonable efforts to commercialize the invention UAMS must provide mandatory compensation to the inventor(s) As an employee of UAMS, you are required to disclose all innovations and inventions
  11. 11. Research that is funded either partially or fully by the Government The inventor is required to disclose government sponsorship in the patent application Government receives a license to practice the invention Government has march-in rights Failure to disclose the invention to the government can result in the government taking the patent rights
  12. 12. Bayh-Dole act (1980) allowed institutions to patent discoveries made with federal $-- but caveats attached to licensing those patents: Preference for US companies; small business over large No assignment of rights (license instead) Grant non-exclusive rights to US Gov’t US manufacturing requirements (flexible) Distribution of $ to inventors Actively promote commercialization of inventions (diligence, non-exclusivity)
  13. 13. X Disclose/publish Submit Invention or Copyright Disclosure BioVenturesDisclose/publish X
  14. 14. Intellectual Property Licensing Technology/asset assessment Prior art/competition Market assessment IP prosecution management Licensing Marketing Agreement negotiation
  15. 15. Spin off companies Resource for company formation with SBIR or STTR funding Assistance with business plan drafting Introduction to management resources to run the business Networks to assist with financing and growth of the business
  16. 16. Know How Spinoff Companies CTEH eDoc America Copyright Spinoff Companies HD Nursing Naptime Academy Trademark Spinoff Companies (with know how) Angel Eye Camera Systems Patent Spinoff Companies Stage I Diagnostics InterveXion Acetaminophen Toxicity Diagnostics
  17. 17. Incubator Facility 401 South Cedar Street
  18. 18. 27 Received 12 Provisional applications 5 Non-provisional applications 4 Copyright registrations 6 Returned to inventors
  19. 19. Seven license agreements completed Three to spinoff companies One for hospital technology developed by RN and a surgical technician Two license agreements in negotiation
  20. 20. For the first time since BioVentures was established, IP revenues exceeded $2 million Total = $2.3 million
  21. 21. Contacts For intellectual property and licensing Nancy Gray (nmgray@uams.edu) Joe Underwood (junderwood@uams.edu) Spin-off support Ben Wofford (bwofford@uams.edu) BioVentures operations Teresa Shaddock (tshaddock@uams.edu) General inquiries Alison Gill (amgill@uams.edu)

×