The TTO reported decreased spinout generation, licensing revenue and funding however marked a notable exit in the sale of Tissue Analytics.
Johns Hopkins Technology Ventures (JHTV), the tech transfer office of Johns Hopkins University, generated 11 new spinouts during the 2019-2020 fiscal year, down from 16 companies spawned in 2018-2019.
Total funding for JHTV’s 23-spinout portfolio slumped to $278m from $525m. Licensing revenues also crashed, amounting to $27.3m against $73.5m last year.
The flow of invention disclosures however was steady, at 464 versus 443 year-on-year, while licences and options climbed to 173 from 116. JHTV secured $17.3m in corporate sponsorship for research collaborations.
The TTO said three spinouts had tweaked their strategy in a bid to assist coronavirus-hit societies: remote fitness class portal Burnalong, transparent surgical mask supplier ClearMask and medication log app developer Emocha Mobile Health.
A notable exit came in in May 2020 when Tissue Analytics, a wound care software spinout of Whiting School of Engineering, was acquired by care management portal operator Net Health for an undisclosed sum.
