Transcript Slide 1

WiSys: Development of Strategic Partnerships to Grow the Economy through Technology Innovation

UW System Integrated Marketing and Communication Conference May 31 and June 1, 2012 WiSys Technology Foundation Maliyakal John

UW System Outcome

From Job Seekers to Job Creators

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Technology Transfer and Undergraduate Research

Institutions

4,392 (US Total) 4,140 (4-2 year) Economic Opportunity?

Pipe Dream?

Students

~25 million ~17.5 million

R&D Funding

~$25 billion ~$3.8 billion

%

100% 15% 24 (WI) ~110 thousand ~$1 million

WiSys at a Glance

• Affiliate of WARF • Dedicated as the technology transfer office for 11 UW comprehensive campuses and 13 UW colleges • Services began in 2005 • 5 member team – ~110,000 students (60%) – ~3,500 faculty Patent protect discoveries and transfer them to private industry to benefit the UW

WiSys Technology Foundation WiSys 4-yr WiSys 2-yr WARF UWMRF

UW System

• • • • • • • 26 campuses (13+13) 2 research campuses 182,000 students 6,500 faculty members $4.1 billion budget 350-450 invention disclosures per year 3 technology transfer offices

11 Comprehensives

~ 90, 000 students and 3,200 faculty ~$750K in R&D budget ~ 25-30 invention disclosures

WiSys’ Roles

Develop a Long-Term IP Pipeline

• Assist faculty and students to engage in research − Technology assessment − Funding − Collaborations − Technology transfer − Protect discoveries − Transfer technologies to private sector − Share revenue with inventor and campus

WiSys Challenge

• No new additional resources • R&D culture missing • Lack of marketable product ideas • Full-time teaching faculty • Multiple, wide-ranging locations

How can we build a long-term IP pipeline and contribute to economic growth, scholarship and job creation in Wisconsin?

What We Have

UW System Resource

300-400 faculty with technical expertise − Engineering − Material sciences − Chemistry − Computer sciences

State Resource

• • High-tech small companies with product concepts Progressive clinical institutions with medical innovation ideas

Strategy: Build Strategic Partnerships Build a sustainable technology transfer program with minimal new resources

• Healthcare challenges • Student internships • Clinical resources

Hospital Systems Small Companies

• Product ideas • Student internships • Clients • Marketing

Government Alliances

• Funds • Public relations 10

Strategy

1.

Facilitate the formation of Emerging Technology Centers to tap into the special expertise of faculty and prioritize resources for campuses 2.

Build partnerships with the state’s high-tech small companies to develop products 3.

Build partnerships with progressive healthcare/clinical organizations to develop innovative medical products 11

Strategy Wisconsin Small Company Advancement Program

• Marketable product ideas • Connects with local/regional companies • Student engagement

Emerging Technology Centers to tap into UW Faculty expertise Wisconsin Medical Entrepreneurship Foundation

• Medical innovation ideas • Clinical resources • Faculty and student engagement • • • •

Advancing innovations Scholarship Entrepreneurship Economic growth

Emerging Technology Research Centers Objectives:

• Innovative R&D leading to marketable products • Student internships as preparation for high-paying jobs • Entrepreneurship training and startups

Scholarship Collaborations

Focus and prioritize

Economic Growth Jobs

Emerging Technology Centers

UW-River Falls Tissue and Cellular Innovation Center Mar, 2009 UW-La Crosse Medical Innovation Center Mar, 2011 UW-Platteville Nanotechnology Center for Collaborative R&D Dec, 2008 UW-Stout Discovery Center July, 2009 UW-Stevens Point Wisconsin Institute for Sustainable Technology Sept, 2010 Emerging Technology Research Centers Promote Specialized Research Expertise

Wisconsin Small Company Advancement Program (WiSCAP) Joint R&D to develop products for small companies to drive Wisconsin business growth

Faculty with technical expertise and resources Companies with product Ideas, but lack of technical expertise Revenue sharing Product/IP License

WiSys obtained $2 million in state funding for WiSCAP in 2010

WiSCAP Summary

• 21 projects initiated involving 17 companies and 9 campuses • ~$2 million allocated to projects • 12,083 hours of student internships • 32 months of release time for 24 faculty members • 16 high-paying jobs • • •

10 WiSCAP projects advanced to prototypes and lab testing 1 Option License signed 3 Option Licenses under negotiation

Distribution of WiSCAP Projects

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WiSCAP: Mercury Removal From Fish Tissue

• • • •

$2.5 billion WI industry 30,000 employed 1.4 million licensed anglers 400,000 out-of-state anglers per year

• • •

Up to 80% mercury removed; flavor improved Suitable for human and animal consumption Market introduction in 2012

WiSCAP: Supercapacitors for the Energy Industry

• • •

Nanomaterial-based technology Increases energy density by ~20 fold Field testing with Columbia ParCar A $100 million opportunity

WiSCAP: Value Added Products from Cranberry

• • •

Antiviral therapeutics Animal feed supplements Nutraceuticals 3 compounds with antiviral properties isolated. Characterization and animal studies underway.

WiSCAP: Economic Impact of the Wheelchair Project Direct Indirect Induced Total Business Household Total Employment 80 90 75 245 Economic Impact $45.6 M $17.8 M $9.3 M $72.7 M Advanced prototypes being built and human testing planned Taxes $1.2 M $418 K $1.6 M

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Pressure Balanced Hydrogen Fuel Cell

- Novel design - Low cost - No computer monitoring - Injection molding - Cell staking

Prototypes to be installed at Columbia ParCar and Marquis Yachts for field testing

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Advancing Medical Innovation through Partnerships

• • • • • • •

UW, Private industry

Computer-aided design Electrical, mechanical Computer, chemistry Prototyping ~400 faculty 90,000 students Technology transfer

Technical Expertise Needed for Medical Technology Development

• • • •

Marshfield, Aurora, BayCare Clinics

Knowledge of patient care needs & opportunities Clinical testing and trials 3 million patient visits 3,000 medical professionals

WisMEF Marketable Medical Technologies

Wisconsin Medical Entrepreneurship Foundation (WisMEF) Private Companies

- AquaCare H 2 0 - Botanic Oil Innovation - Fused Innovation - McDel Topology - mZeal - NovaScan - Perceptral - Procubed - VibeTech

Aurora Health Care BayCare Clinic Marshfield Clinic WiSys

- UW-Eau Claire - UW-Green Bay - UW-La Crosse - UW-Oshkosh - UW-Parkside - UW Extension UW-Platteville - UW-River Falls - UW-Stevens Point - UW-Stout - UW-Superior - UW-Whitewater - UW Colleges

Trade, State Organizations

- BioForward - WEDC - Morgridge Institute - EIGER Lab - Gateway College - Kenosha Area Business Alliance (KABA) - Quadripartite - State of Ingenuity

Potential WisMEF Products Digital Tools/ Hospital Management Scholarship Polymers/ Composites Therapeutics Digital Tools/ Rehabilitation UW Company Clinics Medical Devices Student Internships Digital Tools/ Patient Care Sanitization Products Diagnostics

WisMEF: Low-cost 3D Catheter Location Using 2D Fluoroscopy for Cardiac Rhythm Management Aurora Health Care Animal studies Clinical testing Funding APN LLC Tech development Software Business development Funding WiSys/UWSP 3D imaging Software Funding IP WEDC Funding Marketing

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Warfarin: Designing a Safer Anticoagulant Collaboration of UW and Marshfield Clinic

• • •

Redesigned 1 st generation compounds based on pharmacogenomic studies Shown efficacy in small animal studies 2 nd generation compounds being synthesized

Patient Assist Devices: UW & BayCare Clinic Collaboration

• • •

Physician-bioengineer designed Built by engineering students Patient tested

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WisMEF Summary

• ~35 product ideas compiled • $1 million in seed funds secured • $1 million in state match funds being considered • ~ 4 projects initiated • Early prototypes built and tested • Bioengineer recruitment in process 29

Impact of WiSys

R&D funding Discoveries $ per discovery Startups Private equity High-paying jobs Licensing income

Pre-WiSys 1997-2005 (8 yrs) Comprehensives

$893K 2 $446,000 0 0 0 0

WiSys 2005-2011 (6 yrs)

$3 million 56 $53,000 9 $2.6 million 32 ~$1.4 million 30

Impact of WiSys Impact

Total extramural R&D funds SBIR/STTR funding to startups Student R&D internships Emerging Technology Centers WI company partnerships WI Clinic partnerships

Pre WiSys WiSys 2005-2011

33,000 hours 0 5 $5.2 million $800,000 21 0 3

Startups: Exceeding Expectations!

McDel-Topology LLC, 2011

Pharmaceutical products

Prentice Technologies LLC, 2012

Digital tools

Tomorrow River Biotechnologies, 2011

Bioenergy

Mycophyte Discovery LLC, 2006

Antimicrobial therapeutics

Xolve LLC, 2008

N anomaterials

Microionic Systems LLC, 2011

Carbon products

Shamrock Energy Corporation, 2010

Supercapacitors

CoreTxt Plus LLC, 2011

E-Books

NovaScan LLC, 2004

Medical imaging

Foundry Solutions LLC, 2012

Investment casting materials

Strong Entrepreneurship in UW Comprehensives Institution

Mayo Clinic Cleveland Clinic Baylor College of Medicine (~1 per year) John Hopkins (~ 8 per year) WARF (~4 per year) Medical College of Wisconsin WiSys (7 during 2010- 2012)

Total Startups

30 35 41 32 56 8 9 33

WiSys will Impact Wisconsin’s Future in an Unprecedented Way Biodegradable plastics Nanomaterials Foundry materials Industrial Materials Hydrogen fuel cell Solar energy Cellulosic energy Supercapacitors Biodiesel UW Digital technologies Patient assist devices Cancer detection Surgical devices Therapeutics Safer food Antimicrobials Nutraceuticals

Achievements

• Developed and implemented a coherent strategy to advance innovation and entrepreneurship in undergraduate institutions • Led formation of 5 Emerging Technology Centers to focus on cutting edge technology development • Formulated and implemented an initiative to partner with high tech small companies and advance product development • Led the formation of a university-medical institutions-industry network to advance medical innovations and business growth • Advanced entrepreneurship, resulting in the formation of 9 startup companies

Work in Progress

Engaging undergraduate institutions in R&D can have a significant economic impact for Wisconsin and the country