Building on last year's records, Tech Launch Arizona has added another 16 spinouts to its portfolio in the fifth financial year since the office was formed.
Tech Launch Arizona (TLA), the tech transfer office of University of Arizona, generated 16 spinouts during the fiscal year ended June 2018, up from 15 companies during the preceding year.
In the fifth set of published results since its founding, TLA registered 275 invention disclosures during 2018, up from 261 last year. The number of filed US patents climbed from 334 to 352 year-on-year, with executed licences and options rising from 105 to 112.
The reporting period marks substantial progress for Arizona tech transfer activity since TLA’s launch. In 2012-2013, TLA and its predecessor managed just three spinouts, 48 licenses or options and 144 inventions disclosures.
TLA said the figures verify its success in commercialising university research and intellectual property (IP) to help translate Arizona innovations for economic and social gain.
The TTO provides an overarching strategic direction to Arizona’s innovation ecosystem of faculty, researchers, alumni and community experts.…
