 |
Given the fluctuations of the US economy
over the last year, the Office of Technology Licensing (OTL) is
pleased to report that licensing revenues for School of Medicine
technologies, for the fiscal year that ended June 30, 2002, were
only 2% less than that reported for FY ’01, $7,224,000 vs.
$7,348,000. Patent expenses for the year were $3,685,000, of which
$2,058,000 (56%) were for licensed technologies and reimbursable
by the licensee (Revenue Table 1) relative to
patent expenses of $3,587,000 with 54% reimbursable for the previous
year FY ’01. (Patent Expense Table 2).
School of Medicine faculty filed 185 Reports
of Invention during FY ’02 relative to 177 filed for FY ’01
(Report of Invention Table 3). OTL processed
a total of 1719 Material Transfer and Non-Disclosure agreements
for the year, a 6 % decrease from the 1829 processed the previous
year (MTA & NDA Table
4). A total of 303 patent applications were filed last year,
of which 145 were provisional patents, 45 were new US applications,
and the remainder were divisional, continuation-in-part,
or international, etc.) (Patent Applications Table
5). Total patent applications decreased 11% last year from
the 385 filed the previous year, reflecting OTL’s increased
focus on commercially relevant patent activities.
For FY ’02, OTL executed 16 exclusive
and 14 non-exclusive license agreements, encompassing 60 JHU inventions
relative to 20 exclusive and 11 non-exclusive licensee agreements
for the previous year. The School’s portfolio of pending
applications and issued patents grew over 2500 by the end of the
year (Patent Portfolio Table 6) and the total
active agreements (license, inter-institutional, options) reached
580 (Active Agreements Table 7) .
Hopkins continues to rank favorably with
its peer institutions in technology licensing activities. According
to the most recent Association of University Technology Managers
(AUTM) Annual Survey of 300+ academic institutions across the
country, Hopkins was 2nd in the number of patents filed at 331
(U of CA 9 campus system 1st-756 and MIT 3rd-316); 3rd in the
number of patents issued at 106 (U of CA 9 campus system 1st-324
and MIT 2nd-152); and 10th in the number of licenses yielding
income at 166 (U of CA system 1st-781, Univ. of Wash 2nd-385,
and Stanford 3rd-378).
Since the passage of the Bayh-Dole Act in
1980, giving our nation’s universities the right to take
title to inventions arising from federally funded research, there
can be little debate as to the success of technology licensing.
Today, technology licensing is big business --- creating over
$40 billion in economic activity and >200,000 jobs.
According to the statistics complied each
year by the AUTM, in 2000 (most recent compilation), the 300+
reporting institutions received $1.26 billion in gross license
income. There were 13,032 invention disclosures filed with the
institutions. The institutions filed 6,375 new US patent applications
and 3,764 US patents were issued. Collectively, the institutions
executed 4,362 new license and option agreements and 454 new companies
were formed around university discoveries.
In spite of the impressive increases in
licensing activities, few university discoveries survive the rigors
of development and find their way to the marketplace. Over 80%
of all reported university license income is derived from less
than 20% of all license agreements. Less than 1% (125) of all
20,968 active license agreements generate over $1 million in annual
revenue.
Tables (click on the table for a larger
image)
| Table 1 - Licensing
Revenue |
 |
|
|
| Table 2 - Patent Expense |
 |
|
|
| Table 3 - Report of
Invention |
 |
|
|
| Table 4 - MTA &
NDA |
 |
|
|
| Table 5 - Patent Applications
|
 |
|
|
| Table 6 - Patent Portfolio |
 |
|
|
| Table 7 - Active Agreements
|
 |
|
