Transcript Extraction and Purification of Gamma Tocotrienol from Rice

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Faculty Orientation
UAMS BioVentures
July 20, 2015
Christopher A. Fasel
Associate Director of Licensing
Patent Attorney
UAMS BioVentures
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What is UAMS BioVentures?
Technology Licensing
Office
• Market and License
UAMS intellectual
property to established
businesses (Licensees).
• Ensure Licensees
develop technologies
quickly to benefit the
public.
• Bring profits to Inventors
and the University.
Business Incubator
• Support and advise
companies started
by UAMS inventors.
• Connect companies
with local business
leaders and
entrepreneurs.
• Office and Lab
spaces.
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BioVentures’ 2 Primary Functions:
License UAMS Technologies –
Patents, Copyrights, Trademarks,
& Trade Secrets
Develop Businesses Based on
UAMS Technologies
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Steps to Market:
1) Invention
• Researchers or Practitioners have an idea with
reasonable feasibility.
2) Invention
Disclosure
• Submit the Invention to the Patent Committee via
Invention Disclosure Form (at BioVentures.uams.edu).
3) IP Filing
• UAMS files a Patent, Copyright, or Trademark
application to protect the invention.
4) Publication
• Submit manuscripts for publication, if desired.
Publishing before Disclosing can lead to loss of patent.
5) Trials/Development
• Proof of concept, refining of invention, and FDA or other
regulatory approvals if required.
6) Marketing
• By a UAMS startup company or an existent company
which licenses the technology.
+ Invention to Commercialization:
The Overview
1. Research
Private Funding
Public Funding
7. Commercialization
Royalties $
Materials Transfer
Agreement
Sales and
Service
Agreement
Milestones $
Inventors,
Department, &
University
Research
Agreement
2. Invention
Disclosure
6. Development
License
Agreement
3. Invention
Assessment
Fees $
(Patent Committee)
5. Licensing
Evaluation
and Option
Agreement
4. Patent
Application
Confidentiality
Agreement
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Invention Disclosures at UAMS

Invention Disclosure Form – Notifies UAMS that an invention has been made. Begins the
evaluation process.
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Patent and Copyright Committee – Inventors discuss the invention with the Committee
during a Friday afternoon meeting. The Committee evaluates the invention based upon
protectability (e.g., patentability), marketability, value, and developmental stage.
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Decision to File – If the Committee finds the invention protectable and valuable, UAMS
will file a patent application or other protection, in the US or internationally. If the
Committee does not feel the invention meets the threshold of patentability and
marketability, or is the invention is not ready, the inventors will be given rights to
continue development on their own.
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Assignment – Inventors assign rights to the invention to the University of Arkansas, as
required by Federal Statute governing inventions made using Federal research dollars.
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Development & Marketing – The invention is licensed to a UAMS startup company or an
outside company for further development, regulatory testing, production, and
marketing.
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Profits – Through royalties and fees, UAMS receives money from the marketing of the
invention, and distributes the profits to the inventor, the inventor’s department, and the
University.
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BioVentures Life Science Incubator
Faculty/Inventor Resource – for company formation and acquiring SBIR or STTR
grant funding and private funding.
Assistance with business plan drafting and networking.
Introduction to management resources to run the business.
Networks to assist with financing and growth of the business.
Intellectual Property advice and assistance.
Low-cost wet lab and office space free from conflicts of interest.
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Contact Us:
Mike Douglas
Christopher Fasel
Ben Wofford
401 S. Cedar St.
At the corner of 4th and
Cedar on the East side
of campus
Phone: 686-6696
Email:
[email protected];
[email protected];
[email protected]