January 27, 2009

Research and Inventions Earn Big Bucks for American Universities

By Kathryn Masterson

At least 27 universities earned more than $10-million from licensing the rights to vaccines, drugs, medical devices, and other intellectual property in 2007, according to a report released yesterday by the Association of University Technology Managers. Ten universities earned more than $50-million each from license income in 2007.

Almost 200 universities, hospitals, and research institutes responded to the annual survey, which started in 1991. From those institutions, 686 new

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