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Johns Hopkins Technology Transfer 1 JHTT: Translating the discoveries of the future Translating the discoveries of the future Wesley D. Blakeslee Executive.

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Presentation on theme: "Johns Hopkins Technology Transfer 1 JHTT: Translating the discoveries of the future Translating the discoveries of the future Wesley D. Blakeslee Executive."— Presentation transcript:

1 Johns Hopkins Technology Transfer 1 JHTT: Translating the discoveries of the future Translating the discoveries of the future Wesley D. Blakeslee Executive Director Johns Hopkins Technology Transfer

2 JHTT Mission Statement The Johns Hopkins Technology Transfer office furthers the mission of The Johns Hopkins University to bring the benefits of discovery to the world, by implementing the commercialization of University innovations for the public good by: Encouraging and supporting invention disclosure; Encouraging and supporting entrepreneurs; Effecting technology development and licensing; Increasing available research funding; and Protecting and managing the University's intellectual property

3 Technology Transfer Senior Advisor to the President University President Executive Director Material Transfers Senior Director Finance Finance Patent Support Information Systems Senior Director Licensing Portfolio Directors Four Licensing Teams Director Ventures Patent Counsel Group Director Sales & Marketing

4 JHU IP Policy Applies to Faculty, Staff and Students Applies to Faculty, Staff and Students Inventors are obligated to report Inventions developed as a result of financial or other support, regardless of origin, either directly from or channeled through the University, which is used in the discovery or development of Intellectual Property. Inventors are obligated to report Inventions developed as a result of financial or other support, regardless of origin, either directly from or channeled through the University, which is used in the discovery or development of Intellectual Property. Inventors must assign title to the University in exchange for a share of net income from licensing the inventions.

5 Revenue sharing 35% inventors personal share 35% inventors personal share 15% inventors research share 15% inventors research share 15% inventors department 15% inventors department 30% school, 5% university 30% school, 5% university with 25/10 to school and university for royalties exceeding $300K with 25/10 to school and university for royalties exceeding $300K

6 Faculty Service - Our #1 Goal Electronic submission, staff assistance Patent search, marketing research, broad-based marketing Disclosures Industry – University relations Startup company guidance Business Development Invoicing and collections Quarterly royalty distributions Financial Online faculty system access (transparency) Faculty and departmental reporting Information Improving turnaround with greater volume New electronic solutions Material Transfers 6

7 How can we help you? Commercialization Consulting Business Planning Early Stage Funding (e.g. TEDCO) VC and Angel Investors Industry Collaborations Disclosure assistance Patent search Market research Targeted Marketing Licensing Sponsored Research

8 Promising Results So Far 8

9 JHTT Start-Ups This Century Since this century began (1/1/2000): Since this century began (1/1/2000): 66 currently existing start-up companies have been formed around JHU technology66 currently existing start-up companies have been formed around JHU technology Those companies have received funding of more than $476 millionThose companies have received funding of more than $476 million FY08 record year – 12 start-upsFY08 record year – 12 start-ups >$76 Million funding >$76 Million funding For more information:

10 Innovative Marketing JHTT Technology Booklets: JHTT Technology Booklets: Technology Bundling: Robotics & Neglected DisordersTechnology Bundling: Robotics & Neglected Disorders Customized Conference Booklets: AACRCustomized Conference Booklets: AACR Entrepreneurial Events: Entrepreneurial Events: BioMatchBioMatchBioMatch Entrepreneurs Boot CampEntrepreneurs Boot Camp BioInvestor ConferenceBioInvestor Conference Hopkins AllianceHopkins Alliance JHTT APP: A new door into Hopkins inventors, technologies, events and social media sites. JHTT APP: A new door into Hopkins inventors, technologies, events and social media sites. Download it at app store…you could win an iPad!Download it at app store…you could win an iPad! 10

11 New Initiative: Tech Lunches Informal lunch held once a month at different schools and departments Informal lunch held once a month at different schools and departments JHTT staff will be available to answer questions about tech transfer and our services JHTT staff will be available to answer questions about tech transfer and our services Targeted at senior-junior faculty, graduate students & Post-Docs Targeted at senior-junior faculty, graduate students & Post-Docs First Tech lunch will be in September 2010 First Tech lunch will be in September 2010 Lunch will be provided Lunch will be provided 11

12 Johns Hopkins Technology Transfer 12 Remember: When you disclose, your money grows Wesley D. Blakeslee Executive Director Johns Hopkins Technology Transfer


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