1. Intellectual Property Rights Margaret Lawlor Business Development Manager Faculty of Medical Sciences 3rd October 2013 copyright©NewcastleUniversity 2013

2. Research and Enterprise Services –The Faculty Enterprise Teams works to protect and commercialise research results arising from all schools and institutes within the University –A substantial amount of income can be generated through successful exploitation of intellectual property which can benefit the University, its employees and research sponsors –Majority of bioscience/healthcare innovation still comes from academia –In order to realise the true value of intellectual property, it must be properly protected and managed.

4. So what are inventions? Know how Assays Cell models Medical devices Engineered proteins Antibodies Biomarkers Drug targets Therapeutic agents Animal models Etc, etc

5. Protecting Inventions Can it be protected? –Patents: A legal right granted by a country –Owner can prevent others in that country from using, making or selling the technology for approx. 20 years –Must be ‘novel’, ‘non-obvious’ and ‘capable of industrial application’ –Other ways to protect: Trade Secrecy – Trademark- Copyright

6. Commercial value Is it better than what’s gone before? –Small improvement or large step How big is the potential market? Is that market currently satisfied? How much development is needed? What are competitors developing?

7. Advancing Discoveries to Beat Cancer Creating Value to Attract Industry The University teaches and researches: it doesn’t take products to market! For that, we need partners. Companies need an incentive to take on the risk and financial investment –Patent protection provides a time-limited monopoly which is essential to offset the cost/risk associated with drug development Drug development is very high risk and costly (£500m +, 10 years to bring a drug to market) Intellectual property is an asset that can be used to generate money to fund further research, develop the university and potentially benefit inventors and society

8. Intellectual Property Assignment –Agreeing to assign (transfer ownership) of intellectual property developed during your Research Project to Newcastle University University will pay all costs associated with protecting and commercialising the intellectual property –Receive a share of any revenues obtained by the University upon commercialisation of your technology (as if member of staff) –Agree to discuss your contribution to intellectual property, be named as an inventor (if appropriate) and complete/sign any necessary documents

9. Confidentiality –Any information received or generated during the course of your time at University should be kept secret and confidential (unless known to be in the public domain) Lab meetings Internal seminars Coffee breaks –All proposed publications to be submitted to your supervisor at least one month prior to submission/presentation Abstracts Posters Presentations Manuscripts –If publication contains patentable invention or commercially sensitive information you could be asked to withhold publication for up to 4 months.

10. Further information Enterprise team, Faculty of Medical Sciences Ground floor, Leech building fmsenterprise@ncl.ac.uk 222 3461

11. Thank you!