IURTC CEO Tony Armstrong reports on strong year to Board of Trustees

headshot of Tony Armstrong, CEO of IURTC
Tony Armstrong, CEO, Indiana University Research and Technology Corp.

2016 was a strong year in technology commercialization and economic development at Indiana University Research and Technology Corp., according to a report by IURTC CEO Tony Armstrong to the Indiana University Board of Trustees last week.

Some highlights from the past year include:

  • Licenses: 46, up 84 percent from 25 in FY 2015
  • Licensing revenue: $7.03 million, up 3 percent from $6.85 million in FY 2015
  • U.S. patent applications: 184, up 13 percent from 162 in FY 2015
  • U.S. patents issued: 53, up 32 percent from 40 in FY 2015
  • Total active patent portfolio licensed: 66 percent, up from 64 percent in FY 2015

An article with complete coverage of Armstrong’s report is available here.

Congratulations to everyone associated with Indiana University Research and Technology Corp. on a terrific 2016! We look forward to sharing the stories of even more great work in 2017!

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