USC Stevens Center for Innovation We are USCs
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USC Stevens Center for Innovation We are USC’s technology transfer office
Our Mission To maximize the translation of USC research into products for public benefit through licensing, collaborations and the promotion of entrepreneurship and innovation
Our History Mark Stevens, USC Trustee USC ‘ 81, MS ‘ 84 • Started in 1971 as USC’s Office of Technology Licensing • $22 million endowment by Mark and Mary Stevens in 2004 established the USC Stevens Institute for Technology Commercialization • Renamed to USC Stevens Center for Innovation in 2007 to reflect broader focus on all academic disciplines • USC Stevens Center manages university-owned IP stemming from $691 million annual research funding University-wide resource for translating innovations to the market
Our Approach Technology Transfer Corporate Collaborations Manage commercialization of USC research through licensing and faculty-led startups Develop corporate sponsored research in all areas across USC and form multi-faceted partnerships with industry • Enable the university to share its knowledge with industry • Establish relationships with industry partners • Formulate partnering strategies for success Protect Collaborate Commercialize
Our Leadership Jennifer Dyer, CLP Executive Director Vasiliki Anest, Ph. D. Senior Director, Corporate Collaborations & Strategic Alliances Michael Arciero, J. D. Director, Technology Licensing & New Ventures Lisa Andaleon, MA Director, Operations Management experienced in bridging academia and industry Collective 37 years of experience in the private sector and 53 years of experience working for academic/research institutions
Our Functions and Services Licensing Manage invention disclosures Develop patent strategy Commercialize faculty research through licensing and startups Corporate Collaborations Identify and align mutual shared interests between faculty and industry Strategic Marketing Formulate partnering strategies with industry Establish multi-disciplinary corporate research collaborations across all of USC Patents and Contracts Patent filing and maintenance Material transfer Confidentiality agreements Office of General Counsel support on IPrelated matters Operations Department operations Finance and accounting Royalty distributions Contract compliance Programs/Education Database/Reporting Advancing the creative thinking and breakthrough research at USC for global impact
Our Service Commitment ü Review and make a decision on all complete invention disclosures within 30 days of receipt ü Communicate all ongoing patent decisions at least 60 days in advance of any deadline ü Send out an initial material transfer agreement (MTA) within 3 days of receiving all required information ü Review IP terms in sponsored research and other agreements within 5 business days of receipt ü Hold individual meetings with faculty and lab as requested ü Conduct seminars related to technology commercialization and corporate collaborations for faculty and students Efficient Flexible Accountable
Disclose Your Invention • Process begins by disclosing your invention to the USC Stevens Center for Innovation • Benefits: • Protects the innovation for commercialization by industry (including startup formation if appropriate). • Provides the best opportunity for your innovation to have the greatest societal and commercial impact. • Offers financial incentives – A successful license results in financial gain for the inventors and financial support for the department and college. • Policy: http: //policy. usc. edu/files/2014/02/intellectual_property. pdf Disclose BEFORE publishing Avoid loss of Intellectual Property rights due to own publication
Get Started with Us Online and In Person http: //stevens. usc. edu A direct portal to USC Stevens’ services
Our Commercialization Process USC Stevens: working with you every step Licensing Disclosure (Sophia) Preliminary Review Intellectual Property Protection Commercial Development Business Development Ongoing assessment License Income
Sophia: Our Online Database ü Disclose an invention, request a material transfer agreement (MTA) or non-disclosure agreement (NDA) ü Track status of submitted items online ü Enables USC Stevens to provide customized reports to USC leadership http: //usc. wellspringsoftware. net/kms Submit online and stay informed
USC Stevens Metrics: Increasing Impact of University Research Invention disclosures received shows upward trend FY 2012 to FY 2016 Total 173 licenses executed FY 2012 to FY 2015 Cumulative 51 startups from FY 2012 to FY 2016
Corporate Collaboration: Process Types of Engagement - Involvement with researchers - Student-oriented engagement - Access to resources - Involvement with centers of expertise and schools - Economic development Types of Relationships - Sponsored Research - Licensing - Incubator access - New Co. creation - Equity investment - Flexible, multi-faceted
USC Stevens Center for Innovation: Corporate Collaboration Services Navigate the USC environment to find the right experts and opportunities that are mutually aligned between USC and company Coordinate in-person meetings between USC faculty and Industry; Pitch support for faculty presentations Identify and align mutual shared interests and formulate partnering strategies to ensure real business value and produce impactful outcomes Coordinate and support the development of multi-disciplinary and multi-divisional collaborations across USC Streamline collaboration processes to maximize agreement speed and transfer ideas into specific scope of work plans that translate into contractual agreements
Lotus Tissue Repair Organic Light-Emitting Diodes (OLED) LICENSING Cutting-edge LCD alternative used in flat TV displays and 50 different smartphones, including Samsung Galaxy STARTUPS USC Keck researchers formed startup acquired by Shire Plc to commercialize their research into a potential therapy to treat a fatal genetic skin disease, Dystrophic Epidermolysis Bullosa USC Stevens: Success Stories LICENSING Argus II Retinal Prosthesis Exclusive license of USC developed technology to restore sight in blind patient • • • FY 07 to Date # Startups = 69 # Jobs Created = 419 Capital Raised = $365, 479, 134 STARTUPS Syntouch Headquartered in Los Angeles, Syn. Touch is the world leader in Machine Touch®, the robotic equivalent for the most human of our five senses.
Growing Industry Partnerships at USC Drug Discovery and Pharmaceuticals GPCR Institute Amgen and USC have entered into a 3 -year master research collaboration agreement Public-private partnership for drug development bolsters USC’s efforts to promote biomedical research in Los Angeles Pfizer CTI USC is part of this innovative Pharma program with leading university and academic research centers nationwide Accelerating translation of novel targets to the clinic
Growing Industry Partnerships at USC Liquid Biopsy - Precision Medical Diagnostics Fluidigm USC is the first academic partner to evaluate a novel imaging mass cytometer (IMC) for single cell analysis. Trovagene Collaboration focused on conducting several novel studies that have potential to improve the standard-of-care for cancer treatment Foundation for the National Institutes of Health (FNIH) Public-Private Partnership to evaluate liquid biopsies as cancer biomarkers Abb. Vie, Amgen, Daiichi-Sankyo, and Eli Lilly Advance personalized medicine by investigating leading edge technologies
Growing Industry Partnerships at USC Advanced Materials Artificial Intelligence Information Sciences Northrop Grumman Institute of Nanophotonics and Nanomaterials (NG-ION 2) USC and Northrop Grumman establish a research center at USC for advanced research in optical materials and nanophotonic devices. Samsung Global Research Outreach Program The GRO Program is Samsung’s academic research platform since 2009 that funds academic research project for up to $100 K a year. Research topics include communication technologies, advanced materials, Io. T, etc.
USC Stevens: Supporting Student Innovation Student Innovator Showcase NSF Innovation Corps (“I-Corps”) In collaboration with USC Marshall’s Lloyd Greif Center and other USC groups to award student creativity and breakthrough ideas from all disciplines with cash prizes USC (Viterbi, Marshall, and USC Stevens Center) team with UCLA and Caltech on federally funded innovation hub Legal Office Hours Legal Externship Program Complimentary legal assistance, counseling and informational materials for all USC innovators In partnership with USC Gould School of Law to provide law students an opportunity to assume professional roles Innovation Intern Program USC Coulter Translational Research Partnership Program Competitive paid internship to USC undergraduate and graduate students Supports and funds translational research centered on the applying developed technologies to solve an unmet clinical need
USC Stevens: Part of a Global Innovation Ecosystem Connecting Across Greater Los Angeles and Beyond
USC Stevens: How to Reach Us Website: E-mail and phone: http: //stevens. usc. edu/contact-us communications@stevens. usc. edu 213. 821. 6063 Facebook: Twitter: USC Stevens Center for Innovation @USCStevens
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