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
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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
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$2.5 billion WI industry 30,000 employed 1.4 million licensed anglers 400,000 out-of-state anglers per year
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Up to 80% mercury removed; flavor improved Suitable for human and animal consumption Market introduction in 2012
WiSCAP: Supercapacitors for the Energy Industry
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Nanomaterial-based technology Increases energy density by ~20 fold Field testing with Columbia ParCar A $100 million opportunity
WiSCAP: Value Added Products from Cranberry
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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
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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
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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
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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
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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