PURDUE GENETICS AND THE MEANING OF LAND GRANT

PURDUE GENETICS AND THE MEANING OF “LAND GRANT” …discover and apply new knowledge, and to engage collaboratively with the citizens of Indiana to improve our economy, our culture and overall quality Source: Purdue University System Mission Statement of life. May 15, 2013

President, Purdue University Board of Directors $3 Billion Endowment 240 University Development Organization $1. 5 Billion Innovation District and State Street Development $1 Billion Real Estate Established 1930 Ross & Lilly Merrillville Back A Boiler West Lafayette Aerospace District Indianapolis $ New Albany 5 Research Parks 250 Companies Ventur $ e Funds Technology Transfer and Commercialization 2

DISCOVERY WITH DELIVERY Funds To Do Research THE UNIVERSITY ENTREPRENERURIAL ECOSYSTEM Invention Protection Reward “IF YOU CAN’T EXPLAIN IT SIMPLY, Societal Impact Actualizati on YOU DON’T UNDERSTAND IT WELL ENOUGH. ” - A. Einstein 3

THE NO SECRET T SO WEAPO N! DISCOVERY PARK • Bindley Bioscience Center • Birck Nanotechnology Center • Burton D. Morgan Center for Entrepreneurship • Center for Drug Discovery • Discovery Learning Research Center • Global Sustainability at Purdue • • • Center for the Environment Energy Center Purdue Climate Change Research Center for Global Food Security Water Community Birck Nanotechnology Center Bindley Bioscience Center for Drug Discovery • ACCESS: Advanced Computational Center for Engineering and Sciences • Cyber Center • Rosen Center for Advanced Computing (ITa. P) • Oncological Sciences Center • Regenstrief Center for Healthcare Gerald D. and Edna E. Mann Hall for Discovery and Learning Research 4

PURDUE #15 AMONG WORLDWIDE UNIVERSITIES IN PATENTS ISSUED PROTECTION Funds Invention OBJECTIVES INTERN AL IP LEGAL T EAM • Rapid easy disclosure (24/7 online) Reward Societal Impact Protection Actualizati on Disclosure Analysis Filing Patent Issued Societal Need Electronic 24/7 Patentability • Timely accurate triage and selection (6 months) • Strongest patents at lowest cost (60% cost ) Selection for Protection (Y) (N) Reconveyance Offered 5

CONVERSION OF RESEARCH EFFORT TO OUTPUT (PATENTS) Purdue ranks 2 nd among Big Ten universities in terms of research $ IP production 0. 20 0. 15 0. 10 0. 05 sin isc on rs W tg e Ru ue rd Pu e at St e nn Pe Oh io St at rn te es No rth w br as ka ta Ne so ne in M an ich ig M ich ig an yl ar M FY 14 AUTM Data St at e an d a w M Io an di In in Ill a 0. 00 oi s US Patents per Million in Research Funding BIG TEN PATENTS PER RESEARCH EXPENDITURE 6

PATENTS ISSUED PER RESEARCH EXPENDITURE OTHER INTERESTING COMPARISONS US Patents per Million in Research Funding 0. 25 0. 20 0. 15 0. 10 0. 05 0. 00 Purdue FY 14 AUTM Data Stanford University of Florida MIT Georgia Tech Harvard California University of System Texas System Duke 7

ACTUALIZATION Funds Invention INVENT TO THE PROBLEM, IMAGINE THE SOLUTION…FIND THE PARTNER OBJECTIVES • Ease and speed • Fastest route to significant markets Reward Protection • Serve the technology • Delight the client and market! Societal Impact 5 3 X 1 0 2 / 2014 edia M d e Earn , 000 0 , 0 25, 00 ssions e Impr Actualizati on • Encourage follow on investment to the university… Create Awareness of Opportunity - Media Websites Alumni Likely partners Licensing Corporate - 147 corporate clients/year Startups - 40 startups/year (27 8

EXECUTED LICENSES OF PURDUE IP ANOTHER RECORD-BREAKING YEAR 160 [VALUE] 140 131 120 # of Licenses 120 100 87 77 80 64 60 40 20 0 FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 9

OVERALL STARTUP RANKING 80 PURDUE RANKS 3 rd IN IP-BASED PATENT STARTUPS 75 U. S. 2014 AUTM REPORT 70 60 50 40 27 30 [VALUE] 23 Purdue University Stanford University 21 20 University of Pennsylvania Massachussetts Institue of Technology (MIT) 20 10 0 University of California System Texas System FY 14 AUTM Data 10

PURDUE IP STARTUPS ANOTHER RECORD-BREAKING YEAR IP BASED STARTUPS… 45 41 40 39 17 15 12 24 25 27 FY 14 FY 15 FY 16 40 35 30 25 20 15 10 5 7 5 FY 11 FY 12 0 8 FY 13 Series 1 PU IP Series 2 Non PU IP 11

FY 14 AUTM Data W isc in on s er s tg Ru ue 8 rd 25 Pu e at PURDUE RANKS St io 13 Oh er n es t ka 15 Pe nn w rth No br as 14 Ne ta es o in n n 15 M ga ich M d an ar yl a 10 10 M 11 Io w a an di In s NO DATA 0 oi e at St 5 Ill in an ig ich M BIG TEN STARTUPS 1 st [VALUE] 20 14 11 9 10 6 4 12

GROUND ZERO FOR ENTREPRENEURSHIP BURTON D. MORGAN CENTER FOUNDRY SUPPORT SERVICES • Opportunity & Client Needs Assessment • Education & Training • Legal Assistance • Corporate • Immigration • Funding Support & Grant Writing • Technical Guidance • Market Assessment & Marketing Business Planning • Accounting & Finance • Alumni Network Expertise & Mentoring • Incubator Oversight • Website & Web Training Tools • Regulatory Guidance 13

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AEROSPACE PARK RESEARCH, MANUFACTURE ASSEMBLE, SERVICE LEASE ga Creatin unique ime t & e c a pl ce at a p s o r for ae PURDUE Buy BUILD Own FTZ FOREIGN TRADE ZONE North American • • Sales & Service Manufacturing 16

ROLLS-ROYCE PURDUE RESEARCH PARK AEROSPACE DISTRICT 17

MASTER PLAN STATE STREET INNOVATION DISTRICT 18

PURDUE RESEARCH PARKS NAMED 2014 INCUBATOR NETWORK OF THE YEAR! SOCIETAL IMPACT Funds OBJECTIVES Invention • All efforts to support success of technology and enterprise Reward Societal Impact Protection Actualizati on • Be prepared to retrieve stranded technology License is only the beginning of the relationship! Delight the client! Corporate Encourage/facilita te investment in inventor labs to support development Startups Foundry - Strategy - Funding - 1 st customers - Anvil Students Match. Bo x Communit y Asset Researc Makerspa ce h Parks - Incubator Longterm 19

REWARD DON’T BE DISTRACTED BY THE ROYALTIES… Funds Invention Reward Societal Impact Protection Actualizati on Royalties 1/3 Inventor Department 1/3 Innovation Fund A growing reputation for “getting it done” to the benefit of our… • • Funders Faculty Students The World Hoosier Follow On Employme Investment Relevance Recruiting nt Corporate Acknowledgem Faculty and Funding ent that we didn’t just “think it”, we “did it” Students 20

THE FINAL QUESTION Have we served… …the student? …the faculty? …the staff? …our fellow man? Not just by thinking, but executing on technologies that can make us… …healthier …happier …more productive 21