University of Michigan (UM) generated 12 spinouts and issued 173 licences or options during the financial year ending in July 2017, an identical number to that disclosed one year earlier.

The institution’s tech transfer office, U-M Tech Transfer, secured 172 US patents, up from 135 patents in 2015-2016, but licensing revenues fell by 36.5% to $14.6m.

The university reported 444 invention disclosures over the period compared with 428 filed in 2015-2016.

Three spinouts that launched over the past financial year…