AUTM Newsbrief
Nov. 18, 2010

House resolution honors 30th anniversary of the Bayh-Dole Act
AUTM
This year marks the 30th anniversary of the passage of the Bayh-Dole Act. To mark the occasion, Rep. John Conyers, D- Mich., has sponsored a House Resolution honoring the Act. Conyers will also speak at the Bayh-Dole 30th anniversary event taking place on Wednesday, Dec. 1, at the Washington Convention Center in Washington, D.C. The event is organized by AUTM, along with the American Council on Education, Association of American Universities, Association of Public and Land-grant Universities, and the Biotechnology Industry Organization. Event organizers have also launched a website, www.B-D30.org, that shares articles and information about the Bayh-Dole Act and includes an interactive map that shows the impact the Bayh-Dole Act has had throughout the United States.More

Next week's issue
AUTM
Due to the Thanksgiving holiday in the U.S., the AUTM Newsbrief will be published on Tuesday, Nov. 23.More

Intellectual property law and employees
Bloomberg Businessweek
Intellectual property — the general term for patents, trademarks, and copyrights — is an increasingly important asset in corporate and university settings. As industries and markets globalize, U.S. employers rely more on generating revenue through innovation and brand recognition and less on manufacturing and physical location. The explosion of online business opportunities has even spawned a generation of virtual companies that often have no assets other than intellectual property. Regardless of a company's business model, its IP assets are important in sustaining growth and fostering robust employment. For example, high-tech companies use revenues generated by patented products to fund the development of next-generation devices and to pay the salaries of researchers. Universities use licensing revenues from patented technology to fund future research products and supplement government grants.More

Court's ruling should not undermine Bayh-Dole Act's purpose
The Stanford Daily (editorial)
It should come as no surprise to readers that Stanford perennially ranks among the nation's top universities in patent quality, number of patents and patent revenue. Though patent revenue makes up only about 1.5 percent of Stanford's budget, it provides a critical incentive to innovate at both the departmental and individual levels. Unfortunately, Stanford's Copyright and Patent Agreement has proven itself incapable of defending the University's intellectual property, which has forced a drawn-out legal battle that has now reached the Supreme Court. The scope of the case has extended far beyond Stanford and will have significant implications for research universities nationwide.More

Pfizer sets pact with university
The Wall Street Journal (subscription)
Pfizer Inc. announced a collaboration with University of California, San Francisco, to spur the discovery of new medicines, in the latest instance of a drug maker tapping outside experts for research-and-development help. The collaboration tackles a particularly difficult stage of drug development — the translation of early scientific research into marketable treatments. That stage of R&D is often referred to as the "Valley of Death" because so many promising compounds fail to advance. Under the terms, Pfizer would pay up to $85 million over the next five years to help explore whether discoveries in UCSF labs could be turned into new biologic medicines. More

New study on intellectual property strategies advises academics
on how to build startups

PRWEB via The San Francisco Chronicle
The University of California, Berkeley, Center for Entrepreneurship and Technology published "Intellectual Property Strategies for New UC Berkeley Ventures: A Framework." The report provides practical insight on how entrepreneurs implement effective intellectual property strategies while starting technology ventures within an academic setting. Understanding the mechanics of how academics innovate has become critical as universities increasingly replace private laboratories as a primary source of innovation.More

University of New Mexico sues Intel Corp.
The Associated Press via ABC News
A nonprofit corporation owned by the University of New Mexico's board of regents has filed a federal lawsuit against Intel Corp., claiming the computer chip manufacturing giant infringed on a university patent that helps in the production of advanced chips. The lawsuit, filed in Albuquerque by the university's technology transfer division, alleges Intel used the technology without a license. Intel spokesman Chuck Mulloy confirmed the Santa Clara, Calif., -based company received the complaint but said there wouldn't be any immediate comment. More

HaloSource goes public with Auburn University technology
Auburn University via Water Online
HaloSource Inc., the clean water and antimicrobial technology company with origins based on a revolutionary biocidal technology developed at Auburn University, has completed an initial public offering on London's AIM stock exchange. The company raised approximately $80 million before expenses, $50 million of which was put toward the company's business expansion efforts and $30 million for select selling shareholders. HaloSource was formed in 1997 by microbiologist Jeff Williams in collaboration with Auburn Professor Dave Worley. Worley developed the core biocidal technology that Seattle-based HaloSource has commercialized. More

Genes and athletic performance in thoroughbred horses
PhysOrg.com
Equinome, a leading equine genomics company, has announced the publication of four scientific papers by Equinome and University College Dublin researchers which describe significant advances in the understanding of the genes that contribute to athletic performance in Thoroughbred horses. These include a new and enhanced validation of The Equinome Speed Gene Test, the identification of previously unknown genomic regions crucial to Thoroughbred performance and the differing responses of key metabolic genes to exercise in racehorses. Equinome, a University College Dublin spin-out company co-founded in 2009 by Emmeline Hill, Ph.D., and Jim Bolger, Ph.D., is headquartered in NovaUCD, the University’s Innovation and Technology Transfer Centre.More

University College Cork on target to spinout 4 companies
with ThinkSmart

The Irish Times
University College Cork is on course to spinout four companies this year with ThinkSmart Technologies, the latest company to be formed based on research being carried out at the college. Brendan Cremen, director of technology transfer at UCC, said the annual figure was unlikely to increase beyond this as the goal was to create strong companies that would attract outside investment. ThinkSmart, which has licensed technology developed at the Cork Constraint Computing Centre in UCC, has the potential to create 30 new jobs over the next four years, according to its Chief Executive Brendan O’Brien.More