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The Academia-Industry Marriage: How to get the I do! The Promise of Innovation Montserrat Capdevila Director of Sales, Marketing, and International Relations Johns Hopkins Technology Transfer
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An accelerated technology transfer and commercialization process. – To get technology to the marketplace through industry. – Increased license and research revenue. to Hopkins More entrepreneurial activity with faculty. – Need the skills to deal with industry. – Need to understand the tools/barriers to forming start-up companies. To attract industry partnerships. What does a TTO want?
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To feed their R&D pipelines. Cutting-edge technology. Better targets/biomarkers. Increased R&D productivity. Knowledge of diseases. What does the industry want?
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What are TTOs offering? Faculty! IP & Research Tools -Licensing MTAs Sponsored Research Research Collaborations – Applying for grants together: SBIRs, STTRs, DOD, EU, State Funding Core Facilities New Models Translational Centers Translational Funds Through RFPs
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TTO’s Dilemma Need to find the right contact in industry, and keep it! Find the industry’s “Internal Champion.” Match the technology dockets to pipelines and research areas. Follow-up and receive feedback on opportunities. Keep faculty happy. Make the deal.
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The Changing Game for TTOs Past: Great medical technology available principally in the U.S. U.S. was the principal market for drug/device development (largest single market). FDA – Gold standard for regulatory approval. Today: Great technology available globally (Israel, Singapore, Germany). Europe – faster development time for drugs/devices. EMEA is becoming increasingly more important. Issues: U.S. universities need to market technologies/capabilities globally and more aggressively.
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How to Get Better Access to Industry Faculty – Can open doors with industry. – Best partner but not the only partner. – Industry wants to pick their brains-KOL. Partnering Conferences – A way to get in the door and gain intelligence. – Helps to track industry turnover. Economic Development Orgs and Embassies – Every state and embassy has a “bio” economic development office. – Can help identify and open doors to the right companies. – Its their job, so it’s free!
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JHTT’s Industry Relationship Building Toolbox
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LinkedIn Allows you to identify the right person in a company. Allows you to track their movement. Allows you to build a BD network. Attract attention of industry. technology scouts through “group” postings. Helps prepare for biopartnering meetings. Faculty are on LinkedIn! Can help you leverage their contacts.
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Demand-PULL The more you give industry what they are looking for, the more you get their attention. Montse’s Matchmaking Trifecta: 1.IP Landscaping: What is the industry filing on? Could help you identify their areas of interest. 2.Patent Landscaping: What is issued? Tells you what they are or might be developing. Opportunities due to “freedom-to-operate.” 3.Pipeline Landscaping: What is the industry currently developing? Tells you how to fill-in their pipeline holes.
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Industry Boards Center for Biomedical Design and Innovation – Engages industry to work with students. Johns Hopkins Alliance for Science and Technology – A day-long event focused on educating faculty and providing feedback. Johns Hopkins Technology Commercialization – Out of the school of engineering, helps vet inventions. – JH Alumni sit as board members
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Sales Programs Deals on Wheels – JHTT on the go! – In partnership with economic development organizations. Company Days – Company Specific – A day of one-on-one meetings with Hopkins inventors from a specific department or research center. In-House Partnering Events – Many Companies – A day of one-on-one meetings with JH inventors from all schools.
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Final Thoughts Industry is open to creative academic collaborations. Industry scouts need your help; help them help you! LinkedIn and Salesforce: Great tools that can help you build your business intelligence database. Door Openers: Use them!
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UniversityPharmaDeal SizeFocus UCSFPFIZER $85 million (2010) Drug Discovery French UniversitiesSANOFI-AVENTIS $70 million (2010) Aging, Infectious Diseases, and Stem Cells HarvardGLAXOSMITHKLINE $25 million (2008) Stem Cell Washington University (St. Louis) PFIZER $23 million (2010) Small Molecule Drugs Harvard/MGHROCHE $20 million (2010) Cardio Drug Screening Univ. – Industry Recent Deals
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Technology Commercialization Start-Up Ventures Material Transfers Agreements Sponsored Research Core Facilities Research Parks Thank You
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This webinar is sponsored by Merrill DataSite – The Secure Virtual Data Room Solution for the Life Sciences Industry
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