Tech transfer and university commercialisation news round up for the week 28 October to 3 November.
This week’s news
The University of North Carolina Chapel Hill receives $54.6m to boost its life sciences tech transfer.
NovaUCD plans to create 1,200 jobs and contribute €87.7m annually by 2016 through its linked companies.
The University College Dublin spins out BlackLabBio to commercialise protein engineering products.
Poland plans professor’s privilege
The Polish Government reveals plans to hand over intellectual property rights to the professor.
Tech transfer ‘grandfather’ passes
“It is amazing what can be accomplished if it doesn’t matter who gets the credit.” – Howard Bremer
Ohio pumps $50m into Drive Capital
Ohio State University invests $50m into venture firm Drive Capital.
UoM Health System hails new chief
University of Michigan’s Medical School names innovation chief to bolster entrepreneurial activity.
Science Coalition highlights tech transfer success
The US-based Science Coalition releases report detailing impact of companies based on university research.
Strathclyde spin-out Insignia receives £850,000 ($1.37m) for freshness food labels.
McGraw-Hill finds seeds at UPenn
Education publisher McGraw-Hill Education announces support for UPenn’s Education Design Studio.
Felda collaborates with Cambridge Nanomaterials
Cambridge Nanomaterials enters into agreement with Felda Global for the development of carbon nanotubes.
Ulster spin-out Axis Composites unveils 3D weaving capability.
Cancer Research UK to fund imaging centres
Cancer Research UK to team with the EPSRC to provide £35m for cancer imaging centres at leading UK universities.
The University of Michigan is named as one of the backers in life sciences startup Securus Medical’s $6.5m series B.
Contego secures £900k for growth
Cass Business School-backed Contego Fraud Solutions closes a further £900k ($1.4m) to support growth.
Lice feel the itch over Hatchtech deal
Melbourne spin-out Hatchtech receives AU$12.6m for head lice treatment.
MIT spin-out WiTricity, which is developing wireless power transfer, secures $25m from new and existing investments, including Intel and Foxconn.