UK and Partners Receive Groundbreaking Grant

COMMERCIALIZATION CONNECT

NOVEMBER 2019

UK AND PARTNERS RECEIVE GROUNDBREAKING GRANT

An elite $4 million NIH Research Evaluation and Commercialization Hub (REACH) grant received by the University of Kentucky, University of Louisville, Commonwealth Commercialization Center (C3) and the Kentucky Cabinet for Economic Development demonstrates the power of partnership while paving the way to bring dozens of new med-tech and health-related companies to life across the state in the coming years.

“It is an honor to work with the University of Louisville, C3 and public academic institutions across the state to advance and accelerate innovative ideas that could lead to new products and technologies,” Dr. Linda said. “Throughout the state we have untapped resources of inventive and entrepreneurial individuals and groups whom we hope to provide opportunities that will aid in transforming ideas and discoveries to tangible health benefits.”

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DEADLINE FOR XLERATOR NETWORK FUNDING OPPORTUNITY: IDEAS-TO-PRODUCTS

Deadline to submit for the Ideas-To-Products (I2P) is this Friday (November 22) at 6:00 p.m. EST.

This funding opportunity is through our NIGMS STTR Technology Transfer Accelerator Hub grant called the "Southeast XLerator Network." It is aimed at supporting pilot projects to advance innovations by quickly and clearly demonstrating whether a technology or product is worth of moving through the commercialization process.

It is important to note that the I2P program is not a traditional academic grant program. It is product focused and requires business-case project management.

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OTC STAFF UPDATES

Eric Castlen, associate director of the Commercialization & Licensing Team participated on a panel at the Licensing Executives Society (LES) 2019 Annual Meeting in Phoenix. The panel discussed how recent decisions and trends in patent litigation are influencing licensing negotiations, both in industry and university licensing.

Taunya Phillips, associate director of New Ventures & Alliances, was inducted as a member of The Honor Society of Phi Kappa Phi by election of the Chapter at University of Kentucky on Tuesday, November 19.

OTC TEAM

OTC ON THE MOVE

OTC hosted a Drug Repurposing Lunch and Learn on November 14. The session was presented by John Sears and Richard Timmer of Thomas Horstemeyer, LLP. They discussed regulatory exclusivity and patent exclusivity, method of use claims and second medical use claims, gave specific examples of repurposed drug assets, and answered specific questions faculty had about drug repurposing.

If you are interested in viewing the video of the presentation, please email otcinfo@uky.edu.

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PROGRAM UPDATES

A second match for UK has been executed through the Executives-on-Roster (XOR) platform. UK startup Hummingbird Nano has been matched with a great entrepreneur submitted to the Midwest XOR platform by University of Cincinnati. The matched executive will take on the role of COO for Hummingbird Nano.

Are you interested in XOR helping your startup find an executive, advisor, mentor, or board member? If so, send an email to southeastxor@uky.edu.

XOR PROGRAM

BY THE NUMBERS

October 2019

ISSUED PATENTS

10,430,942

Jeffrey S. Barrett, Chee Ng

10,433,544

Douglas Archbold (CAFE), Marta Nosarzewski (CAFE)

10,449,186

Markos Leggas (Pharmacy), Chunming Liu (Medicine), Vitaliy M Sviripa (Medicine), David S. Watt (Medicine), Wen Zhang (Medicine)

10,457,859

Anne Elizabeth Oberlink (CAER), Thomas Lee Robl (CAER)

UK IP LICENSING DEALS

Flow Max, LLC

Todor P. Petrov (Engineering), Andrzej M. Wala (Engineering)

Merck Animal Health

Udeni Balasuriya (Equine Center)

Stage 29 Productions, LLC

Michael P. Murphy (Sanders-Brown Center on Aging)

DID YOU KNOW?

Karen Dobson of UK Startup MosquitoMate was awarded the first-ever SPARK Female Founded Startup of the Year Award during the GEWLEX Who Got the Money event on Tuesday, November 19 in the Woodford Reserve Club at Kroger Field.