otl 2016 2017
TRANSCRIPT
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© 2016 University of Florida
University of Florida Office of Technology Licensing
Where Science Meets Business
www.otl.ufl.edu
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© 2016 University of Florida
Meet the OTL Staff
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© 2016 University of Florida
• Sentricon® is a colony elimination technology for termite control, developed at UF, introduced to the market in 1995
• Saved the Statue of Liberty from a termite infestation
• Has also led to a 300-metric-ton reduction in chemical use in homes nationwide
Sentricon®
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© 2016 University of Florida
Gatorade™ is the most well-known product from UF
Gatorade™ has maintained an 80%market share throughout the betterpart of the drink’s existence
Gatorade™
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© 2016 University of Florida
• RTI Surgical™ is a UF spin-off that processes donated human tissue into allograft implants
• In many cases enabling patients to walk again
RTI Surgical™
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© 2016 University of Florida
How Did They Move From Lab to Market?
• Further development/testing
• Commercial partner with $$$
• Protected intellectual property & effective technology transfer services
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© 2016 University of Florida
Bayh-Dole Act of 1980
• Gave universities/researchers the opportunity to patent and reap financial rewards from technologies
• Gave industry a way to generate ROI for developing, marketing university technologies
• Strong incentive for industry-university research collaborations and industrial investment
• Academic research is critical to the nation’s innovation and R&D
• More than 260 university TLOs created
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© 2016 University of Florida
How Does It Work at UF?
Idea
InventionDisclosure
Form
WrittenDisclosure
OralDisclosure
Exert
WaiveOTL Explores Patentability & Marketability
OTL Seeks Licensee &
Makes Patent Decisions
(120 Days)
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© 2016 University of Florida
UF Patents & Licensing
Research Awards
Invention Disclosures
Issued U.S. Patents
Licenses/ Options
Executed 2015/16 $724 M 331 115 1222014/15 $707 M 337 117 852013/14 $702 M 296 112 872012/13 $641 M 294 106 842011/12 $644 M 324 60 792010/11 $619 M 298 86 782009/10 $678 M 279 59 672008/09 $574 M 271 73 722007/08 $562 M 299 52 752006/07 $583 M 327 77 742005/06 $519 M 260 78 73
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© 2016 University of Florida
A National Leader in Startups• Since 2000, UF OTL helped create more than 190 biomedical
and tech startups• Ranked #3 in startup launches (14) in 2014 Association of
University Technology Managers survey• #5 in licenses and options granted• #5 in US patents issued
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© 2016 University of Florida
Benefits of Technology Licensing
• Attracts research funding
• Forms industrial partnerships
• Places graduate students in rewarding jobs
• Earns royalty income
• Moves your discovery to market
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© 2016 University of Florida
What/When to Disclose
• WHAT: Disclose novel ideas, discoveries, inventions that are timely and useful to the marketplace
• WHEN: Disclose with sufficient notice before any publication (prior to submission) or enabling public disclosure
• Don’t know if you should disclose?Call OTL!(352) 392-8929
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© 2016 University of Florida
Disclosing an Invention
• Use our web-based invention disclosure module accessible from the main OTL website (www.otl.ufl.edu).
Direct link: http://www.research.ufl.edu/otl/newdiscovery.html
• Enter your Gatorlink login and password at the prompt
• On the form, describe in detail the different aspects of your invention
• Submitting the form to us initiates your interaction with OTL, but does NOT provide patent protection
• Invention Disclosure Submission ≠ Patent Filing
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© 2016 University of Florida
Your Partnership with OTL
• Provide us with industry contacts who might be licensing partners:
• Scientific colleagues/collaborators• Conference attendees• Grant review panel members• Scientific journals• Students/post docs now working in industry
• Explain and promote the technical benefits of your invention to potential licensees
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© 2016 University of Florida
UF Owns Employee Inventions When:
• The invention was made while you were employed at UF• AND
• The invention is in the field/discipline in which you are/were employed
• OR
• The invention was made with university resources
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© 2016 University of Florida
Types of Intellectual Property
• Patents- Enable you to exclude others from using your ideas for a
limited period of time
• Copyrights- Grant you the right to exclude others from reproducing
your work without permission
• Know-how- Expertise required to reproduce a patent, licensed in
conjunction with the patent
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© 2016 University of Florida
Types of Intellectual Property
• Trade secretsMethod, formulation, or process not disclosed to the public and not covered by a patent (ie recipe for Coca-Cola®)
• Trademarks A distinguishing symbol, design, mark or word used by a manufacturer to identify its product from a competitor’s (ie Gatorade™)
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© 2016 University of Florida
Tips for Protecting Your Intellectual Property
• Keep accurate lab notebooks• numbered and bound + document date of conception
• Use a Material Transfer Agreement (MTA) when transferring or receiving materials from an outside entity
• Always complete a Confidential Disclosure Agreement (CDA) prior to discussing enabling aspects of your research with an outsider
• Protect your intellectual property before publicizing your discovery in any way
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© 2016 University of Florida
Criteria for Patentability
• Novel- New, never before used
• Useful- Must have a purpose or intended use
• Non-obvious to someone “skilled in the art”- Peers and/or patent examiner would not
readily identify the improvement or new application
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© 2016 University of Florida
Events Impacting Patentability
• First publication- Includes providing information to others without a
confidentiality agreement/poster, sessions or presentations at conferences
• First public use
• First offer for sale
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© 2016 University of Florida
Public Disclosure
• Public disclosure can include:
- Publication in open literature
- Poster sessions and abstracts (postings to the web)
- Presentations to an open forum (thesis defense)
- Personal communications without a confidentiality agreement
- Catalogues and libraries
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© 2016 University of Florida
Avoid Public Disclosure
Check Box 3: “Is proprietary/privileged information included in the application?
Check this Box on Grant Applications:
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© 2016 University of Florida
Office of Technology Licensing
Bridging the Technology Transfer Gap
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© 2016 University of Florida
Large Company
Startup Company
Medium Size Company Jobs
Profits &Tax Revenue
Products &Services
• % of Revenue• Securities• Combination
The University
US, State and Local Governments
A Very Virtuous Cycle
Lab to Market – It Works !
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© 2016 University of Florida
Critical Elements for Creating Tech Startups
• Strong, diverse research programs that generate innovations
• Technology transfer expertise
• Business startup facilities
• Capital
• Management
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© 2016 University of Florida
Mill
ions
Fiscal Year
Source of Innovation
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
14/15
15/16
0100200300400500600700800
Non-Fed-eral
UF Research Awards 2003-2016
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© 2016 University of Florida
• UF Tech Connect® program fosters new business creation
•Match researchers with potential management
• Assist in business plan creation and market feasibility studies
• Provide training for “wanna be” entrepreneurs
• Introduce funding opportunities through VC & angel network introductions
•Measured based on jobs & private investment
Technology Transfer Expertise
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© 2016 University of Florida
• Opened 2011• 760 jobs, $50M investment• OTL offices located inside
Incubator Facilities: Florida Innovation Hub
• Blocks from campus, downtown • Startups and service providers• 48,000 square feet of labs and offices• Phase II construction under way
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© 2016 University of Florida
Sid Martin Biotechnology Development Institute#1 biotech incubator in the world, 2013
Incubator Facilities: BDI
• Opened 1995
• 42,000 sq ft; 19 labs, 13 offices
• Small and large animal facilities
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© 2016 University of Florida
Capital• Funding follows
opportunity appropriately matched with an experienced entrepreneur
• Seed Grant Program: Florida Institute for the Commercialization of Public Research
• Venture capital firms in Gainesville• Sofinnova• Harbert
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© 2016 University of Florida
• Two approaches:
– Recruit
– Grow Your Own• The Hatchery• Start Up Quest• Empowering Women in Tech Startups
Management Talent
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© 2016 University of Florida
OTL Can Help You To:
• Take the steps necessary to get your discovery into the marketplace where it can benefit society
• Find innovative approaches to commercializing your discoveries by facilitating mutually beneficial working relationships
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© 2016 University of Florida
University of Florida Office of Technology Licensing
Where Science Meets Business
www.otl.ufl.edu