Washington University in St Louis spun out eight companies during the past financial year and marked a 16% increase in novel invention disclosures.
Washington University in St Louis’s tech transfer office, the Office of Technology Management (OTM), generated a record of eight new spinouts during the financial year that ended June 30.
OTM has now launched a total of 19 companies over the past three financial years. Patent filings rose for the fourth consecutive year, climbing by 22% to 324, as did novel invention disclosures, which increased by 16% to 205.
More disclosures helped OTM conclude 108 for-fee agreements during the period,…