Indiana University has marked a successful three-year period during which it reported 154 licensing agreements and $17.1m in tech transfer revenue.
Indiana University’s innovation and commercialization office (IU ICO) generated 46 licensing agreements during the 2017-18 fiscal year, down from 62 licences the previous year.
The university reported 171 invention disclosures over the period, up from 164 in 2016-2017, though licensing and royalty revenue slumped almost 50% year-on-year to $3.4m.
IU ICO argued the performance builds on strong progress over a three-year horizon beginning 2015-2016, during which it has recorded 154 licensing agreements, 485 disclosures and $17.1m in revenue.
The office managed to obtain 141 US and international patents, compared to 199 in 2016-17, taking its three-year total to 506.
IU ICO has registered almost 3,200 inventions and more than 4,800 patent applications since launching in 1997, generating more than $145m in licensing and royalty income, $115m of which has been ploughed back into academic departments, labs and inventors.
Bill Brizzard, executive director of ICO, said:…
