Innovations quickens the pace on licensing

Imperial Innovations, the tech transfer office of Imperial College London (ICL), has made its first licensing transaction through Quicktech, its recently-launched technology licensing portal.

Software package OneZoom, developed by James Rosindell of ICL’s life sciences department, was licensed out to an unnamed company. The software package allows users to visualise large sets of data, and is currently being used in displays at the British Library and the Natural History Museum.

Quicktech enables effective non-exclusive licensing of ICL technologies, and aims to support ICL researchers in quickly deploying their technologies in industry and other parts of academia.

Andrew Tingey, director of Healthcare Licensing at Imperial Innovations, said: “Quicktech helps accelerate and simplify the licensing process by removing the lengthy negotiation process. Instead, the portal presents pre-set Terms & Conditions that the potential licensee can agree to. A variety of products can be licensed through the portal, including reagents, antibodies, images, and standardised surveys. For each material, we can also provide a sales report, which helps scientists to demonstrate the impact of their research.”