What we ask in a ROI

• What it is?• Is it related to another invention?• Who contributed to making the

invention?• Who paid for the research?• When invention was made?• When will it be (or was it) published?• What could it be used for commercially?• Who would buy it?

Five Reasons to File an ROI

• It’s required

Five Reasons to File an ROI

• It’s required– By UNC Policy

• Must report invention whether patentable or not to OTD

– By funder• Federal grants-NSF, NIH, DOE, DOD, etc.• Non-profit grants-HHMI, Gates, CF Found., etc.• Industry-DuPont, GSK, Xintek, Liquidia, etc.

Five Reasons to File an ROI

• It’s required

• Need to know what “it” is

Five Reasons to File an ROI

• Need to know what “it” iswhat kind of intellectual property– Patent

• Compound, method, device, algorithm

– Tangible property• Mice, cell lines, reagents, antibodies, etc.

– Copyright• Software, multimedia, teaching materials, etc.

License by IP Type

0

20

40

60

80

100

120

140

1

Num

ber

Patent RightsCopyrightTangible Property

Tangible Property License

Exclusive10

Non-Exclusive95

Patent Right License

Exclusive65

Non-Exclusive36

ExclusiveStart-up

29

Non-ExclusiveStart-up

2

Five Reasons to File an ROI

• It’s required

• Need to know what “it” is

• Make sure we get it right

Five Reasons to File an ROI• Make sure we get it right

– Right inventors/authors• Inventorship and authorship are legal determination

– Right owners• Collaborators at other institutions• Sponsors and Material Providers

– IP Obligations• Material Transfer Agreements• Industry Sponsors• Government Sponsors• Non-profit Sponsors

Five Reasons to File an ROI• Make sure we get it right

– Patent Deadlines• Must file patent application

– For US Patent Rights, one year from disclosure– For Foreign Patent Rights, PRIOR to disclosure

– Reporting Obligations under Bayh-Dole

Five Reasons to File an ROI

• It’s required

• Need to know what “it” is

• Make sure we get it right

• Helps us find a commercial partner

Five Reasons to File an ROI• Helps us find a commercial partner

– Marketing summaries• Will be posted on new website

– Researcher identify companies• contacted by interested companies at meetings,

by email or phone calls after publication of research of particular commercial interest

OTD marketing…”cold calling” on companies has a VERY low success rate

Five Reasons to File an ROI

• It’s required

• Need to know what “it” is

• Make sure we get it right

• Helps us find a commercial partner

• $$$$$$$$$$

Five Reasons to File an ROI• $$$$$$$$$$

– Licensing Income from UNC’s licenses• 40% to individual “contributors”• 40% to “contributors’” department• 20% to OTD

– 392 individuals received total of $8,093,940 – 59 academic departments, schools, centers

received total of $13,303,870

Invidual Income from UNC Licenses

0

50

100

150

200

250

300

350

400

$250

,000

$100

,000

$50,

000

$25,00

0

$10,

000

$5,0

00

$1,0

00$5

00

$100

$1

Income Greater than

Nu

mber

of In

div

idu

als

Department Income from UNC License

0

5

10

15

20

25

30

35

40

45

50

$2,000,000 $1,000,000 $500,000 $250,000 $100,000 $50,000 $25,000 $10,000 $5,000

Income Greater than

Num

ber of

Dep

artm

ents

Departments/Centers over $500,000

Pediatrics Total, $2,387,352.04

Computer Science Total,

$2,110,656.60 Pathology Total, $1,249,486.75

Chemistry Total, $966,302.38

Medicine Total, $870,192.49

Lineberger Cancer Center Total, $669,720.39

Microbiology Total, $654,902.74

Biology Total, $643,613.26

UNC License Revenue

Start-up$3,562,060

All Other Companies$24,070,411

Number of Active LicensesStart-up

31

All Other Companies

195

Income from UNC Start-up Companies

A

B

C

DE

F G HI J K L M N O

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000