U.Va. Patent Foundation Leads Peers in Invention Disclosures, Licensing Deals

March 10, 2009

March 10, 2009 — The University of Virginia Patent Foundation is again leading the pack in academic technology transfer, according to a survey of 194 U.S. research institutions. Survey results were recently published as part of the Association of University Technology Managers' www.autm.net/ annual U.S. licensing activity survey for fiscal year 2007.

The U.Va. Patent Foundation ranked fourth in "deal flow," defined as the number of technology licenses and option agreements completed per $100 million in sponsored research expenditures, among the 82 U.S. academic institutions with sponsored research expenditures totaling $150 million or more in fiscal year 2007.

The Patent Foundation also ranked second in invention disclosures per $100 million in sponsored research expenditures among its peer institutions, behind only the California Institute of Technology. Virginia Tech ranked 44th in deal-flow and fourth in disclosure rate.

"The U.Va. Patent Foundation is pleased to be recognized among the top academic technology transfer offices again this year," said Marie C. Kerbeshian, interim executive director and chief executive officer of the Patent Foundation. "We'd like to thank the hundreds of researchers and clinicians dedicated to the technology transfer process at U.Va. who are working with us to take their discoveries to the next level."

In fiscal year 2006, the Patent Foundation ranked fifth in both deal flow and disclosure rate among 75 of its peer institutions.



Deal Flow Top Five
Based on the number of deals completed per $100 million in sponsored research expenditures (in parentheses) among U.S. academic institutions with sponsored research expenditures totaling $150 or more in fiscal year 2007:

1. Iowa State University (46.61)

2. University of Georgia (37.58)

3. North Carolina State (31.96)

4. University of Virginia Patent Foundation (25.20)

5. University of Utah (23.31)

Disclosure Rate Top Five
Based on the number of invention disclosures per $100 million in sponsored research expenditures (in parentheses) among U.S. academic institutions with sponsored research expenditures totaling $150 or more in fiscal year 2007:

1. California Institute of Technology (144.05)

2. University of Virginia Patent Foundation (79.94)

3. Arizona State University (69.56)

4. Virginia Tech (69.28)

5. University of Florida (69.02)



About the University of Virginia Patent Foundation

The University of Virginia Patent Foundation is a not-for-profit corporation that serves to bring U.Va. technologies to the global marketplace by evaluating, protecting and licensing intellectual property generated in the course of research at U.Va. The Patent Foundation reviews and evaluates nearly 200 inventions per year and has generated approximately $85 million in licensing revenue since its formation in 1978. For more: www.uvapf.org.

About the Association of University Technology Managers

The Association of University Technology Managers is a nonprofit organization with an international membership of more than 3,000 technology managers and business executives. Members — managers of intellectual property, one of the most active growth sectors of the global economy — represent more than 300 universities, research institutions, teaching hospitals as well as numerous businesses and government organizations. For more: www.autm.net.