The University of Kansas capitalises on recent commercialisation success with new name for tech transfer unit.

The University of Kansas has renamed its tech transfer unit to University of Kansas Innovation and Collaboration (KUIC) following recent success in commercialisation and licensing.

Over the past two years, KUIC has grown its licensing revenue from $1m to $11m, doubled the number of patents issued from 2012 to 2013, and received over $9m in corporate-backed research funding.

Julie Goonewardene, president of KUIC, said: “KUIC is committed to results. The research is the driving force behind the university. It attracts top students and faculty and creates ideas that will make society better in every imaginable way. Our name, logo and website have changed to demonstrate our dedication and commitment to having a real and meaningful impact in Kansas, the U.S. and the world.”