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Industry and Academia Partnerships: An Inside Look into Technology Transfer Tech Transfer Innovations May 20, 2014 Moderator: Adam Tulgan Director of Corporate Relations University of Rochester Presenter: Scott Macfarlane Director Office of Technology Transfer SUNY Upstate Presenter: Marnie LaVigne, PhD Associate Vice President for Economic Development NYS Center of Excellence in Bioinformatics and Life Sciences Presenter: Gerry Murak President & CEO Precision Scientific Instruments SoPark Goals for Today Explore collaboration between academia and the Bio/Med industry, including joint development of new technology; R&D partnerships; clinical relationships; and the formation of new companies for commercialization Discover opportunities and specializations within university environments Identify how to develop a mutually beneficial partnership Building Industry & Academic Partnerships Adam Tulgan University of Rochester Director, Corporate Relations & Business Engagement adam.tulgan@rochester.edu University of Rochester Our 158 buildings house more than 200 academic majors, more than 2,000 faculty and instructional staff, and some 10,500 students—approximately half of whom are women School of Medicine & Dentistry: Top 15 ranking in NIH funding Data Science Blue Gene/Q supercomputer Since 1996, 53 companies have been created using University-licensed technologies, of which 38 are still active with 29 located in New York State, including iCardiac Technologies, Vaccinex, Lucid, Inc., and QED Technologies Notable University technologies include our work in vaccines (Prevnar, Gardasil, Ceravix) and our advancements in LASIK surgery has improved the vision of tens of thousands of people New Center for Business Engagement UR Ventures UR Corporate Relations UR Center for Entrepreneurship UR Center for Business Engagement UR Center for Business Engagement Single point of contact between industry and academia Student Recruiting Joint Research Projects Student Design Projects/Team Projects Technology Utilization/Commercialization Utilizing Lab Space/Facilities Strategic Philanthropy Advantages Integrate university functions to fundamentally improve partnerships with industry Connect industry needs with university assets Promote economic development Maximize engagement on all levels Making Connections to Accelerate Progress Interdisciplinary Research Expertise •Center for Computational Research •Clean Room •DNA Sequencing and Genomics Facility •Protein Production and Purification Proteomics Lab State of the Art Facilities & Equipment •Center for Protein Therapeutics •Microbial Pathogenesis and Biodefense Group •Stem Cell Research Group •Structural Biology Institute •Undergraduate Programs •Graduate Programs •Certificate Programs •K-12 Education www.isciwny.com Comprehensive Educational Programs buffalo.edu/businessengagement Signature Business Resource Programs Tax-Free Zones & Affiliation R&D Workforce & Ecosystem Development UB CAT $50M Genomic Medicine & Big Data Center Fundraising buffalo.edu/businessengagement ™ “Where miniature is about to get significantly smaller”™ Gerry Murak, President & CEO 716-870-9360 Gmurak@PrecisionScientificInstruments.com 28 Three Engineering Faculty solved the problem of… What happens when materials get smaller? Their properties change, creating a new world of materials, that are the basis for producing devices which are smaller, lighter, faster and less expensive ™ is commercializing their research 29 ™ 30 ™ Intellectual Property • US Patent Approval No 13/322/568 • All 28 claims were allowed • Patents pending in 44 other countries! • has exclusive licensing agreement for this Disruptive Technology with the through 31 ™ Operations Start-up Advantage for PSi™ Manufacturing Aligned with SoPark Corp (common ownership) • A Proven EMS electronics & electro-mechanical systems supplier for over 33 years • Design for Manufacturing expertise • ISO 9001-2008, AS 9100C & ISO 13485 Certified • PSi™ & SoPark are vertically integrated 32 ™ Management Team *Gerry Murak - MS, MBA – PSi™ President , CEO & Founder 23+ yrs of International Strategic Management Consulting plus yrs CEO of electronics manufacturing service (EMS) provider, SoPark *Rupa Shanmugam - BS EE – PSi Project Manager 22+ yrs in int’l electronics OEM manufacturing & President of SoPark *Joseph Miano - VP Sales 30+ yrs with world leader in electronics distribution, Avnet *John Kasperek - MBA Finance - VP Financial Control 30+ yrs in accounting, costing & financial control & CFO of SoPark *Worked together for the last years in the growth of SoPark Corporation Technical Co-Inventors & Advisors: Harsh Deep Chopra, PhD - patents/pat pending Jason Armstrong, PhD - Translational Researcher Susan Hua, PhD - 10 patents/pat pending 33 ™ Professional Advisors Strategy Greg Frazier, EVP of Worldwide Business Development & Innovation for Avnet, Inc $11B Steve Hanson, previously an executive for Motorola and retired CEO of On Semiconductor that he took public Entrepreneurs in Residence (EIR) • Scott Cassety - funded by Launch New York Financial Advisor • Ted Beringer, Principal The Beringer Group, Philadelphia, PA Legal • Thomas Schofield Magavern, Magavern & Grimm, LLP 34 ™ Funding to date >$650,000 Founder’s cash investment to date - Grants received to date: $ 6,300 National Grid Grant $10,000 CAT Grant 2012-13 $20,600 SPIR Grant 2013-14 $50,000 Technology Accelerator Grant $40,000 CAT Grant 2013-14 - Total of Additional Commitments to Date: $85,000 From other sources 35 ™ Development Sub-Nano Metrology System Timeline Past In Development 4+ yrs at UB US Patent Obtained Design Present Obtained Multiple Grants Completion of Circuit Boards Betas & Sales Future Int’l Metrology Trade Shows Beta PSi™ Systems Delivered $ Contact Us Adam Tulgan, U of R adam.tulgan@rochester.edu Scott Macfarlane, SUNY Upstate MacfarlS@upstate.edu Marnie LaVigne, NYS Center of Excellence in Bioinformatics and Life Sciences lavigne2@buffalo.edu Gerry Murak, Precision Scientific Instruments gmurak@murak.com Questions? Next Webinars in Series • June – Non-Traditional Funding of Tech Transfer Register online: http://www.medtech.org/events Thank you for your time! events@medtech.org www.medtech.org