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Trudeau Institute seeks outside help for research commercialization

The Trudeau Institute, Saranac Lake, NY, and Health Research Incorporated (HRI) have established a partnership aimed at advancing the commercialization of medical and scientific discoveries made at the institute. Under the exclusive agreement, HRI will provide technology transfer services to Trudeau, including market evaluation, intellectual property evaluation and protection, business development, marketing, licensing, and new venture formation. The arrangement provides Trudeau with access to HRI professional staff and resources both in technology transfer and sponsored research management. HRI brings an extensive network of corporate licensing and business contacts, funding sources, investors, and researchers. Each of Trudeau’s existing and future inventions will be subject to a methodical approach to analyze, protect and license promising technologies. The Trudeau Institute has historically managed these activities internally. “Partnering with HRI will reduce the need for day-to-day technology management and, importantly, will add HRI’s technology transfer expertise,” says Steve Smiley, director of corporate relations and member of Trudeau’s scientific faculty. “This combination will allow our scientists to focus on research, while still managing the strategic decisions in intellectual property and licensing.”

Go to: Bio-Medicine

Posted June 9th, 2009 under Intellectual Property Marketing


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