Indiana University Research and Technology Corp. officials have announced 43 licensing agreements were completed in the 2015-2016 fiscal year, a 72 percent increase over the previous year’s total.
Marie Kerbeshian, vice president of technology commercialization, said commercializing IU discoveries takes several steps.
“Before IURTC technology managers can market the work to companies, Indiana University researchers must disclose it to us,” she said. “We review the work and determine how best to protect it. But without IU inventors taking the first steps to disclose their work, there would be no licensing agreements, no products to improve people’s lives and no revenue returned to Indiana University.”
More information about the 2015-2016 licensing agreements is available here.