Office of Technology Management BEC – Pathways to Alternative Careers April 23, 2013

Corey A. Lohnes, Ph.D. Licensing Associate Office of Technology Management (OTM)

OTM Mission To promote the public utilization of University innovations created by faculty and employees through the formation and management of commercial partnerships

OTM Services  

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Invention Disclosure Intake Protection of Intellectual Property through patent applications and management of patent portfolio Licensing of patented and unpatented intellectual property (including distribution of revenue) Material Transfer Management Confidentiality Agreements Inter-Institutional Agreements Educational Programs IP guidance and assessment for:   

Fee for Service Agreements Industry Sponsored Research Agreements Private Foundation Grants

Bayh-Dole Act 

Bayh-Dole Act:    

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Passed by Congress in 1980 Applies to all federally funded research (e.g. NIH, NSF grants) Mandates that Patent Rights vest to the University The University has the responsibility to promote public utilization/commercialization of inventions created with federal funding through licenses Universities to manage IP from federal grants Share revenue with University and inventors and apply residual income to research and education Give preference to small businesses Require that products sold in US be manufactured in US

WU Intellectual Property Policy 

All intellectual property (including lab notebooks, cell lines and other tangible research property) shall be owned by the University if 

significant University resources were used or

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it is created pursuant to a research project funded through corporate, federal or other external sponsors 

Funding administered by the University

Office of Technology Management - FY2013 Director, OTM

Business Development Director

Business Development Director

Business Development Director

Office Administrator

Business Development Director

Operation Manager

Assistant Accountant Licensing Associate

Licensing Associate

Licensing Trainee

Licensing Trainee

Licensing Associate

Accounting Assistant

Database Administrator

IP Administrator

Contract Manager

Contract Coordinator

MTA Administrator

OTM Process

Invention Disclosure Submission

Product Commercialization

Invention Assessment

(Revenue Distribution)

OTM Licensing Pathway Patent Application

Development of Products

Licensing of Patents

License Revenue Sharing

25% to OTM

35% to the inventor(s)*

40% to the School

*May be taken as personal income or waived to the inventor’s lab

OTM Initiatives

FastTrac

Technology Commercialization Seminars

OTM Trainee Program

OTM Internship Program

Technology Transfer Workshop

Bear Cub Program

OTM Trainee Program The goal of the OTM trainee program is to expose the individual to a broad range of technology transfer related activities in order for them to acquire skills and experience in the commercial development of research discoveries. otm.wustl.edu -> “Educational Opportunities” -> “OTM Trainee Program”

OTM Trainee Program 

6-Month Program 

Phase 1 (Months 1-2)   

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Phase 2 (Months 3-4)   

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Read, observe, understand business, legal, and scientific considerations Shadow BDD during routine case management Familiarize with: Bayh Dole act, WUSTL IP policy, patents, AUTM, etc

Conduct various parts of case management under supervision of BDD Conduct inventor meetings, complete TAs, negotiate simple contracts Perform case management duties

Phase 3 (Months 5-6) 

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Handle cases on own using BDD as guide and checkpoint Handle more complicated case management and understand critical questions and gaps that need to be filled on such cases

OTM Trainee Program Name

Background

Subsequent Positions

Bo Bi

PHD Chemistry

Current Trainee

Craig Weilbaecher

PhD BME

Current Trainee

Corey Lohnes

PhD Movement Science

OTM Licensing Associate

Michael Muskus

PhD Molecular Biology and Biochem

UMSL Licensing and Business Associate

Shelly Strickfaden

PhD Biomedical Sciences

IP Marketing, Stanford

N’Goundo Magassa

PhD Molecular Microbiology

OTM Licensing Associate

Isabel Acevedo

BS BME, MBA

OTM Licensing Associate

Ben Westover

BSE, MS Computer Science, JD

Patent Attorney

Gena Stephens

PhD Molecular & Cellular Biology

Business Development, Radiology

Allison Krepel

MS BME

Patent Scientist, SLU law student

Erin Brosnahan

PhD Molecular Microbiology

Patent Scientist, Consultant

OTM Initiatives

FastTrac

Technology Commercialization Seminars

OTM Trainee Program

OTM Internship Program

Technology Transfer Workshop

Bear Cub Program

OTM Initiatives

FastTrac

Technology Commercialization Seminars

OTM Trainee Program

OTM Internship Program

Technology Transfer Workshop

Bear Cub Program

OTM Initiatives

FastTrac

Technology Commercialization Seminars

OTM Trainee Program

OTM Internship Program

Technology Transfer Workshop

Bear Cub Program

Bear Cub Program 

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Translational/proof-of-concept fund for WU faculty Invention disclosure must be filed in OTM One year grant - up to $75,000 Program started in 2008; seven (7) rounds completed 130 proposals – 90 different PIs 31 grants with over $1.3M total invested Next round – FY2014

BASLA Collaboration 

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Relationship dating back to September 2011 Evaluation of technologies following PI disclosure Patent conversion analysis Market Analysis

Recent Start-up Companies

LipoSpectrum

XTEND ENERGY

EYECYTE THERAPEUTICS, INC. BIOCLASSIFIER

CardiaLen

AcuPlaq, LLC

Toward pain-free defibrillation™

MEDROS

OTM Will Be Moving – 12/2013

Questions? Contact OTM 

Office of Technology Management     

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Campus Box 8013 660 South Euclid Avenue St. Louis, MO 63110-1093 (314) 747-0920 (phone) (314) 362-5872 (fax)

http://otm.wustl.edu